Solar beats fossils south of the equator

In bids to build electrical generation plants in India and Chile, unsubsidized solar projects beat the bids of coal-fired utilities.

The contest in Chile was open to all forms of power generation and drew a low bid of US 6.5 cents per kilowatt-hour from a solar power firm. Coal-fueled bids didn’t win, place or show. 

In India, the district of Andhra Pradesh let contracts for 500 new megawatts of electricity. The entire package was won by SunEdison, a US firm, which bid US 7.1 cents per kilowatt-hour, a record-low bid in India.

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