Current Affairs - National - Discussion

According to a report, "Renewable Power Generation Costs in 2018" by the International Renewable Energy Agency (IRENA), India leads in producing solar power at lowest cost globally and is far ahead of other nations in low average production costs. Even India beats China(cheapest manufacturer of everything,) it also left behind the countries of the UK, Canada, and France among others. India's report: India has the lowest total installed cost for new utility-scale solar PV projects that were commissioned in 2018 at $793/Kw(kilowatt), which is 27% lower than in 2017. High cost: Canada($2,427/kW) Russian($2,302/kW) Japan($2,101/kW) South Africa($1,617/kW) and Australia($1,554/kW) are charging high for setting up solar projects. Low cost: China, Italy , France($1,074/kW) and Germany($1,113/kW) have the lowest installation cost.