Brazil’s Ministry of Mines and Energy (MME) is proposing to allow solar developers that won projects in the 2014 auction to cancel them with a reduced penalty fee.
Indonesia’s first ever feed-in tariff (FiT) for solar PV projects should generate attractive project returns in Java-Bali and Sumatra, according to a Bloomberg New Energy Finance (BNEF) research note.
Brazil’s energy agency EPE has registered 1,260 wind and solar projects for its 2nd Reserve Energy Auction 2016 to be held on 16 December, the only solar auction in Brazil this year.
The latest Indian solar auction has seen wining tariffs return to extreme lows at INR 4.35/kWh (US$0.065) for 130MW of PV in the Indian state of Rajasthan.
Indian conglomerate Adani Group has become the leading solar developer in India in terms of commissioned and pipeline capacity after winning all 100MW of solar capacity available in the latest auction from the state of Chhattisgarh, according an industry analyst.
The eastern Indian state of Jharkhand has awarded letters of intent (LOIs) to the winners of projects of more than 25MW capacity each from its 1.2GW solar PV auction, in what was seen as a positive step for developers.
The Indian state of Karnataka has released another set of letters of Approval (LOAs), this time for 260MW of solar PV capacity that were allotted in its dispersed 1.2GW solar auction in March.
Eastern US transmission organisation PJM Interconnection’s latest energy auction for capacity in 2019/20 saw 335MW of solar procured, nearly double that of the preceding year.
