From the article: “Of course there are challenges of 24/7 power. We accept all of that – but we have been able to come up with a solar-based long term vision that is not subsidy based.”
Headline is not possible at face value except that it is.
Headline is not possible at face value except that it is.
In fact the government appears to be spending one hundred billion dollars on solar in the next six years. By 2022.
Furthermore, "The Ministry of New and Renewable Energy provides 70 percent subsidy on the installation cost of a solar photovoltaic power plant in North-East states and 30 percentage subsidy on other regions." https://en.wikipedia.org/wiki/Solar_power_in_India
I'm all for renewable energy. Solar is great. At this point I don't see how the headline isn't clickbait bullshit.
There are multiple people saying "sounds too good to be true, but it isn't. Solar is great because I said so!". This guy provides evidence to support that it is not true and gets downvoted? Wut?
For the umptieth time HN hears only what it wants to hear.
>“Through transparent auctions with a ready provision of land, transmission and the like, solar tariffs have come down below thermal power cost,” Goyal said in a tweet.
http://cleantechnica.com/2016/01/22/solar-power-now-cheaper-...
See here for more https://news.ycombinator.com/item?id=11520789
http://www.imf.org/external/pubs/cat/longres.aspx?sk=42940.0