A 200MW solar tender floated by the Grid Corporation of Odisha (GRIDCO) has been significantly oversubscribed with a total of 845MW of technical bids from 14 players.
Sonnedix Japan has reached financial close on a JPY16.5 billion (US$149 million) non-recourse financing with Sumitomo Mitsui Banking Corporation (SMBC) for the 41.6MW Sano solar PV plant in the Tochigi prefecture, Japan.
The Asian Development Bank (ADB) is providing a US$20 million loan and a US$25.44 million grant to support off-grid solar PV pumping for agricultural irrigation in Bangladesh, to replace expensive diesel-based systems.
India’s Ministry of New and Renewable Energy (MNRE) has extended the timeline for implementation of its 40GW Solar Parks scheme from 2019-20 to 2021-22.
Proinso UK, providing procurement and engineering through its EPM unit (Engineering Procurement Management), and Dhaka-based independent power producer Joules Power Limited (JPL) are due to commission a 28MW solar project in Bangladesh this month, which they claim to be the first utility-scale PV project in the country.
Indian solar tariffs have matched their lowest ever in the most recent 2GW auction from Solar Energy Corporation of India (SECI), hitting INR2.44/kWh (US$0.036) for the first time since May 2017, and with much of the capacity expected to be set up in Rajasthan.
Tata completes 100MW of solar projects in Andhra Pradesh, Ecoppia providing cleaning robots for 580MW of SB Energy PV projects in Rajasthan, NTPC tenders 1MW floater in Gujarat.
