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India Cancels Big Initiative For Coal Power Stations

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Solar prices have been falling across the world, which has caused a dramatic shift in power station production. India has seen that decrease, and because of it, they will no longer be building coal-fueled power stations that would have totaled at 13.7 gigawatts of energy.

Tim Buckley, Director of Energy Finance Studies at the Institute for Energy Economics and Financial Analysis (IEEFA), explained how big this change was to The Independent.