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.
India’s largest utility NTPC has issued a tender for the development of a 15MW ground-mount solar PV project at its own Kayamkulam thermal power plant in the state of Kerala using local content rules.
Taiwan-based merchant solar cell and module producer Neo Solar Power (NSP) is set to build a 40MW PV power plant on former agricultural land that is suffering from severe land subsidence in ChangHua County, Taiwan.
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.
With many of the top-20 module suppliers to the solar industry now having multi-GW shipment volumes, attention has turned firmly to assessing metrics that companies can use to benchmark the quality and reliability of shipped products against their competitors.
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.
Egyptian PV firm KarmSolar has signed a power purchase agreement (PPA) with two subsidiaries of major food exporter Dakahlia Group for two solar projects totalling 23.5MW in Egypt.
Sonnedix has acquired a controlling interest in Cox Energy Chile, a subsidiary of Spanish firm Cox Energy, and the two firms will partner on building and operating renewable energy projects in Chile.