Solar power projects: A double whammy
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  • Agharkar Research Institute, Pune

Solar power projects: A double whammy

Even as falling tariffs at renewable auctions have made headlines in recent months, the naysayers who question the viability of such projects have more to cite in their favour. For, solar power developers have had to confront the sobering reality of a more than 15% rise in prices of solar panels over the last four months. Led by an increase in raw material prices and demand in China rising to an all-time high, tier-1 module prices have gone up to around 38-39 cents per watt peak — they were estimated to stay in the sub-30 cents/watt peak range.

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