Power purchase agreements (PPAs) have been signed for the pioneering Rewa solar park projects, which briefly had the lowest solar tariffs ever in India.
India’s leading renewable independent power producer (IPP) ReNew Power has brought online what is claimed to be the largest PV plant in Telangana with the 143MW Dichpally solar farm.
The theme of this week's Movers & Shakers is international expansion. PAYG off-grid solar provider Azuri Technologies is strengthening its leadership team to target West Africa, while Vancouver, Canada-based Solar Alliance Energy targets US assets and expands its sales team to accommodate for this. ABB appoints new regional heads to ensure direct market contact with Europe and the AMEA region.
The Karnataka Electricity Regulatory Commission (KERC) has reduced the benchmark tariff for grid-connected utility-scale solar in the Indian state from INR6.51/kWh (US$0.101) to INR4.36/kWh (US$0.068).
As part of India’s Green Energy Corridor scheme, the Ministry of Power has proposed setting up a host of Renewable Energy Management Centres (REMCs) across the country to help integrate renewables as their penetration increases.
SB Energy, a joint venture between Softbank, Foxconn and Bharti Enterprises, has commissioned a 350MW solar plant at Kurnool District, Andhra Pradesh, India, claiming it to be the world’s seventh largest PV plant.
German alternative asset management firm Aquila Capital has completed a 38.4MW PV project in Japan and sold it to a local institutional investor for an undisclosed amount.
