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.
Assam Power Distribution Company Ltd (APDCL) has awarded 85MW of solar capacity to be built in the Northeast Indian state via a reverse auction held last month.
Indian developer Acme Solar has won a 50MW solar PV project in the state of Uttar Pradesh with a tariff of INR3.38/kWh (US$0.05) via an auction held by Solar Energy Corporation of India (SECI).
An auction carried out under Karnataka’s 860MW solar tender has seen a recalibration of tariffs in India and a surprising outcome for the lowest tariff.