Karnataka Renewable Energy Development Limited (KREDL) has awarded 150MW (3x50MW) of solar projects to Giriraj Renewables at a tariff of INR2.92/kWh (US$0.04), and awarded 100MW (5x20MW) to Asian Fab Tec with a tariff of INR2.89/kWh (US$0.039).
South Korea’s government is planning for nearly 3GW of solar PV alongside smaller capacities of wind and batteries on reclaimed land in Saemangeum, an area of land created by a huge Seawall project completed in 2010.
Indian solar developer Azure Power has had a hugely successful period of raising financing, but consultancy firm Bridge to India has said that the overall domestic PV sector is facing hard times in raising debt finance.
Greater Visakhapatnam Smart City Corporation Limited (GVSCCL) has inaugurated a 2MW grid-connected floating solar power project on the Mudasarlova reservoir in the Indian state of Andhra Pradesh.
Taiwan utility Taipower has started feeding electricity to the grid from what will eventually become the largest solar PV project in the country, based in Changhua County.
Akuo Energy and Norton Rose Fulbright reach financial close on 50MW Mali solar project, BayWa r.e. completes self-consumption solar project in Spain, Solar comes top in European survey, CDPQ increases stake in Azure Power.
The Islamabad Chamber of Commerce and Industry (ICCI), which represents more than 3,000 major industrial members in Pakistan, has called upon the government to focus more on renewable energy due to the benefits this would bring to the national economy.