In India, solar power will be cheaper than coal power by 2017.

"Solar costs are dropping rapidly and, for India, "grid parity"--the point at which the costs of generating solar energy match those of conventional power generation--should arrive by 2017, according to Santosh Kamath, executive director of of advisory services, KPMG Advisory Services Private Limited."

Source: Jerry-Lynn Scofield, “Shout it from the rooftops,” The Intelligent Optimist, September/October 2012, 55. (No link available) [verified 4/18/14]

#India #solar #coal