India can leverage its solar and storage edge to avoid power shortages

Large-scale solar-plus-storage is the main option left to avoid power shortages as such systems can be deployed much faster than new thermal and hydro assets. Recent gigawatt-scale solar-plus-storage auction results, with a record low price of INR 3. 40 ($0. 04)/kWh, show that such deployment will be highly economical, according to a new study from the University of California's India Energy and Climate Center. From ESS News India can avoid imminent power shortages and ensure long-term affordable electricity by leveraging its impressive achievements in low-cost clean energy and storage, according ...

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