Comparing Solar Costs & Deployment in India and the United States

Over the past decade, India has witnessed substantial declines in solar installation costs, driven by innovative policies and falling prices of solar modules. Competitive solar auctions have significantly reduced tariffs, dropping from over $0.20 per unit in 2010 to below $0.03 per unit today.

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India is rapidly expanding its transmission network to meet the fast growing electricity demand: the Central Electricity Authority projects an expenditure of $50 Billion for the transmission system (including new lines, substations, etc.) during 2022-27.

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Farmers in india transporting hay into the back of a truck over extreme heat and haze

Heatwaves in India are starting earlier, lasting longer and getting more intense.
Since May 13, 2024, capital city New Delhi recorded 40 consecutive days with temperatures exceeding 40 degrees Celsius. Between April and June 2024, the country saw around 40,000 suspected cases of heatstroke and dozens of heat-related deaths.

A Primer on Heat Stress

Related Files Primer on Heat Stress PDF Date Published 07/2024 Updated: 09/2024 Authors Elif Kilic, Dr. Ashok Gadgil Abstract Extreme temperatures have become the new normal, with 2023 being the hottest year in over a century and 2024 on track to surpass it. The global rise in temperatures poses significant health risks, including heat exhaustion, […]

Rapid Deployment of Solar and Storage Is the Main Option for Avoiding Power Shortages in India

A view of solar panels and large container style battery storage

Due to rapid electricity demand growth, India will likely experience significant evening power shortages by 2027, even if all the thermal & hydro capacity currently under construction comes online as planned.

Recent SECI gigawatt-scale solar + storage auction results, with a record low price of Rs 3.4/kWh, have demonstrated how solar+storage will be an economical solution to help avoid power shortages. Solar + storage can be deployed much faster than new thermal and hydro assets.