"Solar energy prices hit a new record low in January with the auction of 420 megawatts in Rajasthan at 4.34 rupees a kilowatt-hour. In comparison coal tariffs range between 3-5 rupees/kWh."
So the headline here is, as is usually the case with articles in this space, misleading at best. It's slightly cheaper than the highest-end coal, but dramatically more expensive - nearly 1.5X more - than the lower end. Overall, it's still more expensive, and that doesn't include the cost of batteries to deal with the fact that the sun sets each day.
To be sure, advances are being made in this space. But this headline is nothing more than clickbait.
So the headline here is, as is usually the case with articles in this space, misleading at best. It's slightly cheaper than the highest-end coal, but dramatically more expensive - nearly 1.5X more - than the lower end. Overall, it's still more expensive, and that doesn't include the cost of batteries to deal with the fact that the sun sets each day.
To be sure, advances are being made in this space. But this headline is nothing more than clickbait.