Indian firm Acme Solar has matched its record – the lowest ever solar bid in India – once again during Solar Energy Corporation of India’s (SECI) 3GW Interstate Transmission System (ISTS) solar auction.
German firm Siemens has won a contract to supply inverter systems and other equipment to investment and construction corporation Trungnam Group’s 258MW solar farm in the southern Vietnamese province of Ninh Tuan.
The US threat of 10% tariffs on solar inverters has been met with a mixture of disdain and composure by authorities and the Chinese solar industry itself.
The Solar Energy Corporation of India (SECI) has issued a tender for two 1.5MW(AC) solar power projects with battery energy storage systems of 0.75MW / 2.5MWh each at two locations in the Indian state of Jammu and Kashmir.
Tariffs in a 1GW solar auction in the Indian state of Uttar Pradesh have hit INR3.48-3.55/kWh (US$0.051-0.052), which is significantly higher than bids in other recent Indian auctions for a range of reasons, including a history of PPA renegotiations.