Eskom is conditionally committing to follow through with South African president Jacob Zuma’s announcement that the utility will indeed sign the remaining PPAs under the government’s renewable procurement programme (REIPPPP).
Investment confidence has rebounded in utility-scale Australian renewables with more than 20 projects under or about to start construction this year, according to analysis from the Clean Energy Council (CEC).
Jasmeet Khurana, associate director, consulting, Bridge to India, shares his views on what the record breaking tariffs for 750MW solar in Madhya Pradesh mean for India's entire power sector.
After 33 hours of bidding, Mahindra Renewables, Acme Solar and Solenergi Power have emerged triumphant in the 750MW solar auction in Madhya Pradesh, with the lowest price smashing records at just INR2.97/kWh (US$0.044) in year one before an annual escalation kicks in.
Jacob Zuma, the South African president, announced on Thursday that the country’s biggest utility Eskom will indeed sign the outstanding PPAs won in the fourth round of the successful Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
This week's Movers & Shakers segment features a company rebrand, a global expansion for India's Adani and good news for US solar, which has experienced 25% jobs growth year-on-year.
Indian solar tariffs have reached a paradigm shifting new low after the final reverse auction round for 750MW capacity in Madhya Pradesh followed through into a nail biting second day.
The Minimum Import Price (MIP) agreement between the EU and Chinese solar manufacturers requires urgent reform as the 3 March extension deadline draws near.
Despite an aggressive rollback of climate and renewable energy regulations and initiatives, the solar investment tax credit (ITC) should remain safe from Trump’s reach, finance experts have said.
