UPDATED: The Indian state of Tamil Nadu’s latest 1.5GW solar auction has received the lowest bids in the state so far with Raasi Green Earth winning 100MW of capacity with a tariff of INR3.47/kWh (US$0.054).
Spain’s next 3GW renewable energy auction has been set for 26 July, having originally been pencilled in for 18 July, according to an announcement by energy minister Álvaro Nadal.
Brazil is primed to surpass 1GW of solar in 2017 as projects from three auctions between 2013-15 start to come online, but the industry eagerly awaits the next government 10-year electricity demand forecasts, according to the Brazilian solar association ABsolar.
India’s first grid-scale solar-plus-storage tender has been held up by the extreme drop in the country’s solar PV prices this year, according to Rahul Walawalkar, executive director of the Indian Energy Storage Alliance.
A total of 12 bidders have been prequalified following the Request for Qualifications (RFQ) for Zambia’s second round of Scaling Solar tenders for up to 300MW of PV projects.
Spain will hold this year's second renewable energy auction of up to 3GW before the summer, but the parameters of the tender, which led to wind wiping the floor of the first auction, look to set to remain.
After Indian solar tariffs breached a jaw dropping US$0.04/kWh earlier this week in a Rajasthan auction, prices have dropped to yet another record in the same location.
India solar prices have continued their downward spiral, this time with record low bids of INR2.62/kWh (US$~0.04) from Phelan Energy Group and Avaada Power in the state of Rajasthan.
A Solar Energy Corporation of India (SECI) tender for 750MW of PV capacity at the Bhadla Solar Park in Rajasthan has been massively oversubscribed, with roughly 8.75GW worth of technical bids received.
Indian solar tariffs reached yet another new low yesterday with the Indian arm of French clean energy firm Solairedirect winning 250MW(ac) of capacity in Andhra Pradesh with a record bid of INR 3.15/kWh (US$0.0494).
