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India to subsidize Solar Power

January 4th, 2008 · 1 Comment

India is making the choice to seriously subsidize solar power to kick start its solar industry.  While renewables already account for 7.5 percent of India’s electrical generation capacity (of 127 gigawatts), hopes are that this will expand significantly. As for the subsidy levels, “My ministry will provide financial assistance amounting to 12 rupees (30 cents) […]

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Tags: solar · Solar Energy

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