Guest: Ashish Fernandes

Everyone knows that India is the second-largest coal importing nation in the world, after China, and that it is the fastest-growing source of global CO2 emissions thanks to its rapid adoption of coal. And it is widely believed that India will remain the world’s fastest-growing market for coal for years to come. But sometimes what “everybody knows” is wrong. Renewables are now hitting grid parity, and are poised to snatch the lead away from coal in India. Plus: We round up the cheapest solar projects ever in the US and the world.