India's renewable energy power generation cost and lowest in Australia in the asia-pacific region

By the end of 2018, 5 pv installed in Africa. 11 gw, only 0 of global pv installed. 7%. Cause is one of the main reasons for this situation, the political uncertainty and some unstable factors led to difficult to attract the investment needed in many countries. In addition, most of the market still need to solve a challenge is aging or lack of grid infrastructure.

solar photovoltaic net news: in the asia-pacific region within the scope of the lowest cost of renewable energy power generation in India. Recently, the consultancy wood Mackenzie ( Wood Mackenzie) Said that since this year, India leveling of solar photovoltaic power generation costs, LCOE) Has fallen to $38 / mw, 14% lower than coal-fired power generation.

wood Mackenzie research director alex & bull; Whitman voss ( 亚历克斯·惠特沃思) Said, sufficient solar energy resources and huge market competitive advantage, make India solar energy cost is only half the cost of many other countries in the region.

the agency said, cheap renewable energy second largest country in the asia-pacific region for Australia. In 2020, the leveling of the solar power generation cost is expected to drop to $48 / mw, which will weaken the competitiveness of all fossil fuels.

she voss said, adding that for a long time, the grid stability and intermittent power limit the challenge of repeated in Australia, but further improving energy storage technology helps make the country's electricity supply and demand balance.

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