Country told competitive bidding could take PV market to ‘tens of gigawatts’ within 10 years, turning the page from grid chaos driven by feed-in tariffs last year.
Project destined to provide power to National Electric Networks of Uzbekistan is first in a 1GW solar programme being developed by the government and the Asian Development Bank.
Deal to sell 74% stake to Mumbai-based financial services group Edelweiss will pave way for ‘partnership’ where Engie will continue running solar assets on buyer’s behalf.
PV might have only seen 30.22GW added throughout 2019 but ‘year-end rally’ hinted at by latest NEA figures may indicate market will rebound more than expected in 2020, analysts say.
Managing director recounts EPC's journey to the heart of Malaysia's current large-scale solar boom and lays out expansion plans in Vietnam and the Philippines.
Middle Eastern kingdom launches third round of renewable programme to find developers for four solar plants, adding to the six PV projects yet to be awarded under the second round.
World Bank body will back competitive bidding process for lowland PV plant, hoped by its sponsors to be the first of series in land-scarce, overcrowded Asian country.
ADB will support plans by Southeast Asian state to auction 350-400MW pipeline of two projects this year and next, in a bid to drive competition after a subsidy rush congested the grid.