Chile is forecast to install half of all new solar capacity in Latin America this year. But logistical operations for remote solar projects and the threat of natural disasters are both major considerations for the region. Tom Kenning spoke to Jatin Sharma of GCube Underwriting about the risks associated with the Chilean market.
Global utility E.ON has completed a 20MW solar project in California as the group continues its progress towards becoming solely focused on renewables.
A project developer has bid for solar capacity in the Indian state of Andhra Pradesh for a game-changing INR 4.79/kWh (US$0.073), which takes solar to grid parity with other major sources of power generation in India, sources have confirmed to PV Tech.
PV developer 8minutenergy Renewables has signed a power purchase agreement (PPA) with the Southern California Public Power Authority (SCPPA) for the 191MW Springbok 2 solar farm, located north of Los Angeles in Kern County, California.
CdTe thin-film producer and project developer First Solar has signed an agreement with US-based solar project developer Strata Solar for the supply of 400MW of First Solar’s advanced thin film PV modules.
India-based project developer ACME Solar Holdings has won the highest capacity of projects in yesterday’s solar auction in Uttarakhand with four projects totalling 50MW combined out of the 171MW awarded.
PV solar system provider First Solar has installed approximately half of its 141MW Luz del Norte solar project in Chile, as the first two blocks of the project have been connected to the country’s central grid.
All the winning bids in the latest 170MW Indian state solar auction in Uttarakhand have remained below the INR6/kWh (US$0.09) tariff, despite several bankers commenting on previous auctions that only prices of INR6-6.5 per unit would be workable given India’s market conditions.
India’s energy ministry has amended its invitation for state-owned corporations (CPSUs) to set up 1GW of solar PV plants across India, by bringing forward its funding timelines.
