Solar Growing by leaps and Bounds in India, fueling Irrigation and Jobs

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Sky New’s Peta Credlin was paid by Adani to do an advertorial on coal entrely ignoring the real facts of what is occurring in India and why Adani is divesting away from coal and to Solar energy. The total avoidance of mentioning the reality of what is occurring  renders that Sky News as Fake (ODT)

India is now for the first time in history investing more in solar energy than in coal.

There is a simple reason for this. Coal costs roughly 5 cents a kilowatt hour to generate electricity. India just let a bid for 1.2 gigawatts of solar energy and four companies scooped it up at 3.6 cents a kilowatt hour. The only advantage coal and gas had is that the sunk costs of plant construction have already been written off. But in India today, it is actually cheaper to build a new solar park than to go on operating a coal plant.

Over-all, India is now the lowest-cost producer of solar electricity, at about 8.5 cents a kilowatt hour. Solar photovoltaic has been declining annually by about 23% year on year since 2010.

Asia hosts over 3 million photovoltaic power jobs, nearly 90% of the global total.

India has grown from 3 gigawatts of installed capacity in 2014 to over 30 GW in 2019!

India might not be able to triple that amount but it will at least double it to 60 gigawatts. From the beginning of time till now, the US has only put in 63 gigawatts of solar, total, and Japan has done 60. For India to catch up to those two countries (#2 and #3 for solar panels) in only two years will be almost a miracle.

via Solar Growing by leaps and Bounds in India, fueling Irrigation and Jobs