The Irish government has approved the country’s long-awaited Renewable Electricity Support Scheme (RESS), with the first auction set to take place in 2019 after state aid approval has been secured from the European Union.
Indian firm Acme Solar has matched its record – the lowest ever solar bid in India – once again during Solar Energy Corporation of India’s (SECI) 3GW Interstate Transmission System (ISTS) solar auction.
Tariffs in a 1GW solar auction in the Indian state of Uttar Pradesh have hit INR3.48-3.55/kWh (US$0.051-0.052), which is significantly higher than bids in other recent Indian auctions for a range of reasons, including a history of PPA renegotiations.
Indian solar tariffs have matched their lowest ever in the most recent 2GW auction from Solar Energy Corporation of India (SECI), hitting INR2.44/kWh (US$0.036) for the first time since May 2017, and with much of the capacity expected to be set up in Rajasthan.
Solar prices in Germany’s latest auction rose for the first time since the country started solar-based tenders in 2015, according to results released by Germany’s Federal Network Agency.
Peru is preparing a reform to its energy policy in order to support more renewable energy penetration, according to the minister of energy and mines, Francisco Ísmodes.
