auctions

Last week saw solar prices in India blast the Asian giant’s energy sector into a new era, but what happened to all the fears about project viability and unrealistic bidding? PV Tech caught up with financiers and analysts to discuss a new financial environment.

Bangladesh plans to double fossil fuel generation capacity to 24GW by 2021, but the dangers of dependence on conventional energy generation can be avoided through energy imports and solar, according to a new report from the Institute of Energy Economics and Financial Analysis (IEEFA).

Solar has been removed from participating in Brazil’s first renewables auction this year while the second auction has been delayed to 16 December.

Germany has released draft proposals on its Renewable Energies Act (EEG) to cap onshore wind and PV in response to states rallying for renewable energy growth to be curbed due to rising electricity prices and unnecessary strain on the national grid.

Canada-based renewables firm SkyPower will join China-based battery developer BYD in competitive bidding for 750MW of solar and energy storage development in India.

Germany’s renewable energy trade associations have spoken up collectively about their country’s plans to introduce tenders to award rights for new large-scale projects.

The Brazilian Development Bank (BNDES) has qualified 17 solar equipment manufacturers to receive funding in Brazil.

Difficulties in financing Indian solar projects with extremely low tariffs and the wobbling of major solar player SunEdison will not impact the long-term prospects of India’s PV market, according to two senior banking and finance representatives.

Developers of the majority of projects awarded in Brazil’s first solar-only tender round in 2014 have submitted a request to the regulator to delay construction by two years, according to a report.

Germany installed just over 50MWp of new PV in February, marking the lowest tally since the federal registry opened and sparking fears the government could fail to hit its own targets for the third year running.