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Renewables
Improved technological efficiencies and falling capital costs have propelled renewables tariffs towards parity with fossil fuels in real terms. A supportive and maturing policy regime along with institutional framework -including RECs, Power Exchanges, RPOs- is stimulating interest in the sector. Frenzied bidding triggered by the bandwagon effect is witnessed in solar projects. Wind energy, being older and with clear tariff fixation/regulation, presents primarily operational difficulties.
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