auction

State secretary João Galamba tells PV Tech of plans to boost dispatchable renewables and shares figures and time frames for separate PV auctions this year and next.

Government promises bidders a second chance by Q2 2019 after rejecting all proposals this week over antitrust concerns.

Large-scale event reportedly scheduled for June or July comes as part of government plans to greatly expand still-dormant PV sector.

UPDATED: Solar Energy Corporation of India (SECI) has gone ahead with an auction for its 1.2GW hybrid tender, despite the tender being undersubscribed and attracting just two technical bids.

UPDATED: Winning bids in a 550MW solar auction in Uttar Pradesh, India, have come out between INR 3.02-3.08/kWh (US$0.0429-0.0437), a notable drop from 3.17-3.23 rupees in its most recent 500MW auction in October.

Indian conglomerate Shapoorji Pallonji has won the country’s first major grid-connected floating solar tender for 50MW of capacity at a tariff of INR3.29/kWh (US$0.047) at Rihand dam in Uttar Pradesh.

Solar Energy Corporation of India's 1.2GW hybrid solar and wind auction, the first in the country, drew bids from heavyweight players Adani and Softbank, but was still undersubscribed by 150MW.

Kazakhstan has awarded 170MW of PV in its first solar auction with winning prices ranging between KZT 18.6-22.9 (US$0.051-0.063)/kWh.

The Indian state of Uttar Pradesh has drawn lowest bids of more than 3 rupees per unit for its latest 500MW solar auction, but these were still significantly lower than tariffs from its 1GW auction that was annulled over the summer.

Germany has launched its second combined onshore wind and solar power tender.