Moser Baer of India hopeful of cutting solar energy cost to Rs 4-6 a unit
by Moumita Bakshi Chatterjee, New Delhi, June 3, 2008
Source: The Hindu BusinessLine
http://www.thehindubusinessline.com/2008/06/04/stories/2008060452420100.htm
At a time when crude prices are peaking, a reduction in solar power costs could brighten the energy scenario. The solar photovoltaic (PV) business, which incurs a generation cost of Rs 12-14 per unit, is looking at reducing it to Rs 4-6 a unit in the next three to five years. The reduction would mainly be on the back of anticipated easing of global demand-supply imbalance of silicon, advances in thin-film PV, higher cell efficiency and other innovations. (more…)