Submission + - Solar is now cheaper than coal, says India energy minister (climatechangenews.com)
An anonymous reader writes: India is on track to soar past a goal to deploy more than 100 gigawatts of solar power by 20221, the country’s energy minister Piyush Goyal said on Monday. Speaking at the release of a 15-point action plan for the country’s renewable sector, Goyal said he was now considering looking at “something more” for the fast growing solar sector. “I think a new coal plant would give you costlier power than a solar plant,” he said. “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.” In the past financial year, nearly 20GW of solar capacity has been approved by the government, with a further 14GW planned through 2016 according to the Union Budget.