Solar Energy Corporation of India (SECI) has issued a tender for EPC services on two 100MW solar PV projects for state-owned mining corporate Coal India Limited (CIL) in Madhya Pradesh.
The Indian solar industry expressed shock recently when it emerged that multiple Chinese PV manufacturers had been reneging on supply contracts to India, but it seems this strategy may have been a comeuppance for historic behaviour on the part of some Indian developers.
Independent solar power producer Scatec Solar ASA has teamed with Norway’s multinational oil and gas company, Statoil ASA to support the funding of a 162MW solar power plant project in Brazil.
Yesterday’s record-breaking bid opening in Saudi Arabia for 300MW of solar has grabbed headlines, including on PV Tech, but while the exact parameters of the RfP remain covert, the bid levels have sparked debate about whether such low prices can be possible without some kind of escalating tariff mechanism or other distortion.
UPDATED: Saudi Arabia’s 300MW solar tender has seen opening bids go lower than two US cents, setting the tone for a new global solar power tariff record if awarded.
Energy storage could be considered the “great white hope” for the renewable energy industry in Britain, according to the head of policy at the Renewable Energy Association (REA).
Just after UK-based Foresight Solar Fund bought a 48.5% stake in the Bannerton solar plant in Victoria, the Clean Energy Finance Corporation (CEFC) has announced AU$98 million in debt finance for the project.
Major Indian solar developer Azure Power has won a 1.3MW rooftop solar project from an NTPC subsidiary to provide power for 25 years to both Government of India and Ministry of Health and Family Welfare facilities in the states and union territories of Delhi, Puducherry, Uttar Pradesh, West Bengal and Assam.
The European Bank for Reconstruction and Development (EBRD) has issued a US$500 million global green bond that will be used to support the company’s Green Project Portfolio.
