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.
The largest polysilicon producer GCL-Poly Energy Holdings has secured approximately US$110 million from a new corporate bond from qualified investors in China.
UK developer British Solar Renewables (BSR) and module supplier Vikram Solar have announced a supply agreement the two parties signed at this year’s Solar Energy UK exhibition.
Bangalore-based real estate developer Embassy Group is planning a 200MW solar PV plant in the Indian state of Karnataka, according to Embassy Energy chief executive Anshul Singhal.
Energy storage is likely to be a near future “game changer” for Australia and could make the country the world leader in solar-plus-storage, a new report claims.
Super Solar Energy group, a wholly-owned subsidiary of Thai utility Superblock PCL, will acquire five solar companies, according to a filing on the Thailand Stock Exchange.
International downstream player Conergy is to build Indonesia’s first utility-scale PV plants and says it has closed deals for another 228MW of projects across Southeast Asia.
The European Commission is expected shortly to reject a request to exclude Chinese prices from the benchmarking index used to the set the price at which Chinese cells and modules must be sold in the EU.