Portugal’s first floating solar auction closed with a world record-low price, with utilities EDP and Endesa among the winning bidders, the country’s environment ministry has announced.
Shortlisted bids in Saudi Arabia’s latest solar tender have jumped significantly on the lowest price recorded in the country’s previous renewables programme, reflecting the hikes in PV equipment costs in recent months.
Indian utility Gujarat Urja Vikas Nigam Limited has auctioned 500MW of PV capacity, with winning bids setting a record for the lowest solar tariff seen in India.
Solar tariffs in India hit a record low of INR2/kWh (US$0.0270/kWh) following an auction this week for 1,070MW of PV projects that are set to be developed in the state of Rajasthan.
José Rojo continues PV Tech’s end-of-year review with a look back at Q3 2019 highlights, from solar trade spats to Portugal’s head-turning tender, Tesla’s court woes and a solar-plus-storage bonanza.
Project in Sirdarya follows Helios’ deal for 40MW extension to 300MW-plus Namagan complex and adds to PV growth in Central Asian state, lately known for ultra-cheap solar ventures.
IPP’s success bagging 15-year PPA for ‘very advanced’ project north of Lisbon comes as consultants say tender’s record-low prices underscore greater appetite for merchant risks.
