India’s large-scale solar space, which has been dominated by Solar Parks in the last two years, now has standalone projects firmly back on the map with multi-Gigawatts of capacity up for grabs and a chance for higher risk-taking players.
India’s Ministry of New and Renewable Energy (MNRE) has issued a clarification in its guidelines for tariff-based competitive solar procurement implying that a change in duties will henceforth be covered as a ‘Change in Law’, which would give developers protection in case a safeguard, anti-dumping or any other duty is imposed.
Canada Pension Plan Investment Board (CPPIB) will acquire a 396MW portfolio of six operational wind and solar power projects in Canada from Florida-headquartered NextEra Energy Partners for US$741 million.
South African court rejects bid to block US$4.7 billion renewable energy deals, Canadian Solar acquires a 97.6MW solar project in Argentina, Nigerian Renewables association decries solar import duty.
UPDATED: Malaysian utility Tenaga Nasional Berhad (TNB) has signed 21-year power purchase agreements (PPA) with KBJ Hecmy and Redsol for two 30MW(AC) solar projects in Malaysia.
Leading integrated high-efficiency monocrystalline module manufacturer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology plans to build a 228MW solar PV project in the Ningxia Hui Autonomous Region of north-central China, according to a Shanghai Stock Exchange filing.
The Sindh government aims to hold auctions for 400MW of solar parks, install 15MW of rooftop solar on public buildings and reach 250,000 households with solar home systems, having released a new environmental framework.
