Start A Petition

India Cancels Plans for Huge Coal Power Stations as Solar Energy Prices Hit Record Low


Business  (tags: energy, India, alternative energy, solar, competitive, GOOD NEWS, Sustainabililty, economic, Adani, Carmichael mine, Australia, uneconomic, Bharti Enterprises, SBG Cleantech, Fortum, cancellation, coal-powered plants )

Evelyn
- 720 days ago - independent.co.uk
India's solar tariffs have literally been free falling in recent months. So far this month, India has cancelled plans to build nearly 14 gigawatts of coal-fired power stations. "For the first time solar is cheaper than coal in India"



   

We hate spam. We do not sell or share the email addresses you provide.

Comments

Evelyn B (63)
Monday May 29, 2017, 2:01 am
GREAT news!
And not only for India - providing the Australian media pick this up and prevent their government from putting any further tax-payer money into supporting Adani's projects!

The official Indian report can be found
IEEFA Asia: India's Electricity-Sector Transformation Is Happening Now

And specifically states:
"To put an Australian and a global seaborne thermal coal-trade perspective on it, these development strike at the very viability of the Carmichael export thermal coal proposal. They speak as well to a worldwide transition in progress."

These developments should also have an impact worldwide -
 

Tania N (883)
Monday May 29, 2017, 2:35 am
Thanks for sharing
 

Ben O (131)
Monday May 29, 2017, 5:05 am
Right on...solar energy will last five billon years!
 

Freya H (345)
Monday May 29, 2017, 6:25 am
Good point, Ben. Fossil fuels are limited, but solar energy for all intents and purposes is not.
 

Peggy B (43)
Monday May 29, 2017, 7:19 am
Shared the news.
 

Past Member (0)
Monday May 29, 2017, 9:48 am
More fabulous news--not enough outta there. thanks
 

Raleigh k (357)
Tuesday May 30, 2017, 12:27 am
good for them - keep it in the ground! ty
 

S J (124)
Tuesday May 30, 2017, 1:46 am
Good news meow Evelyn
 

Janet B (0)
Tuesday May 30, 2017, 1:08 pm
Thanks
 

Julie W (33)
Tuesday May 30, 2017, 5:16 pm
I hope this will influence Australian Prime Minister Malcolm Turnbull. India will be less interested in buying Oz coal. Good news!
 

Evelyn B (63)
Tuesday May 30, 2017, 11:19 pm
I gather that it hasn't exactly been given space in Australian mainstream media -

If anyone has means of getting it under the noses of politicians and of people who DON'T want their tax money wasted on things like the railroad to bring the coal out of the mine ...

As well as into the hands of those defending the rights of the Indigenous peoples against Adani etc ...

I've tried to get it to groups there, but don't know if anyone has picked up the message & is making use of the report ...
 

Colleen L (3)
Wednesday May 31, 2017, 1:08 am
Good for them. Solar is much wiser. Thanks Evelyn
 

Julie W (33)
Wednesday May 31, 2017, 2:59 am
Evelyn, I'll pass it onto the Greens, they might be able to use it .Forwarding to one's local representative can be useful too .
 

Evelyn B (63)
Wednesday May 31, 2017, 11:52 am
Julie - Thanks from a far-away but concerned citizen!!!
and anyone in Australia - please do as Julie suggests!

RELATED PETITION

Petitionsite,Support a Sun Powered Queensland & Protect Our Climate & Reef
 

Victoria P (110)
Wednesday May 31, 2017, 12:00 pm
Petition already signed, thank-you Evelyn for the great news ~♥~
 

Sheryl G (359)
Wednesday May 31, 2017, 4:33 pm
Yippee and petition signed above.
 

Harry Knapp (0)
Wednesday May 31, 2017, 7:04 pm
great news
 

Dawnie W (250)
Wednesday May 31, 2017, 11:19 pm
❤️❤️Noted... ❤️❤️Thank you...Evelyn.❤️❤️

😉💜ღ❤️Ƹ̵̡Ӝ̵̨̄Ʒ😺♥L💙ve, Hugs and Peace go with you all♥😺Ƹ̵̡Ӝ̵̨̄Ʒ💛ღ❤️😉
 

Dawnie W (250)
Wednesday May 31, 2017, 11:21 pm
❤️❤️Noted... ❤️❤️Thank you...Evelyn.❤️❤️

😉💜ღ❤️Ƹ̵̡Ӝ̵̨̄Ʒ😺♥L💙ve, Hugs and Peace go with you all♥😺Ƹ̵̡Ӝ̵̨̄Ʒ💛ღ❤️😉
 

Margie FOURIE (148)
Thursday June 1, 2017, 4:01 am
Great news. Now perhaps other countries will take note.
 

Melania P (123)
Friday June 30, 2017, 10:37 am
Yay! b
 
Or, log in with your
Facebook account:
Please add your comment: (plain text only please. Allowable HTML: <a>)


Track Comments: Notify me with a personal message when other people comment on this story


Loading Noted By...Please Wait

 


butterfly credits on the news network

  • credits for vetting a newly submitted story
  • credits for vetting any other story
  • credits for leaving a comment
learn more

Most Active Today in Business





 
Content and comments expressed here are the opinions of Care2 users and not necessarily that of Care2.com or its affiliates.

New to Care2? Start Here.