IRENA released Report titled ‘Renewable Power Generation Costs in 2018’
India is now the lowest-cost producer of solar power globally, according to a report by the International Renewable Energy Agency (IRENA).
Key Features
- The IRENA report titled ‘Renewable Power Generation Costs in 2018’, revealed that the total installed costs of utility-scale solar PV in India is as low as $793 per kilowatt (kW) in 2018 which is 27 per cent lower than for projects commissioned in 2017.
- Typically, the cost of hardware including inverters account for more than half of the total cost of setting up a solar PV project in India.
- Canada has the highest cost at $2,427 per kW, ....
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