Bids have ranged between 2.87-2.91 rupees per unit in a 250MW solar auction at a challenging location, known as the Dondaicha Solar Park in the state of Maharashtra.
The first auction for capacity at the Raghanesda Solar Park in the Indian state of Gujarat was scrapped due to high tariffs, but a second attempt has drawn far lower tariffs.
EDF signs PPA for 60MW PV project near Athens, Daystar Power partners with Swedish investment platform to finance solar in West Africa, Solar energy from Total to power GAC Dubai’s warehouses.
Joint venture formed to deploy renewable portfolio of 900MW, featuring four solar plants and two onshore wind projects backed through post-auction 15-year PPAs.