In 2018 India invested more in solar than coal

Jun 05, 2019, 7:58 AM EDT
(Source: Bernd Sieker/flickr)
(Source: Bernd Sieker/flickr)

India, the second most populous country in the world and the third largest national contributor to greenhouse gases, invested more in solar power than coal in the year 2018, a shift that excites climate activists for its potential to shore up decarbonization efforts and bring a sizeable change.

In the recent years, solar energy has received a big boost in India courtesy a mix of favorable policies and decreasing costs of deployment, but challenges are galore and experts are skeptical if this growth can be sustained over time, notes Eco Watch.

However, this win for the solar shouldn’t be construed as falling demand for coal in India. The country remains one of the largest consumers of coal and the trend is certainly to continue for the next few decades, reports World Economic Forum.

 

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