PM backs low-tariff solar power plants in Punjab (6.5cent unit)

[Kabira]

There is a limit to Economies of scale (EoS), the cost reduction in renewable energy production owes a lot to maturing tech via EoS. But there's a limit to product becoming cheaper. 6 Cents is almost as competitive as Hydro Production.

Some are already building solar plants at below 3 cents per unit.

Record low bids submitted for Abu Dhabi’s 350MW solar plant in Sweihan
LeAnne Graves

Abu Dhabi could expand its Sweihan solar project to well over 1 gigawatts after record low bids were submitted on Monday.

Abu Dhabi Water and Electricity Authority’s procurement arm received six bids for the upcoming 350 megawatt solar photovoltaic (PV) plant in Sweihan, with the lowest bid at 2.42 US cents per kilowatt-hour (kWh) coming from an Asian consortium. A local firm bid second-lowest at 2.53 US cents per kWh.

http://www.thenational.ae/business/...d-for-abu-dhabis-350mw-solar-plant-in-sweihan