After two years of tumbling solar tariffs hitting the headlines, the Indian industry is feeling the consequences of its risk-taking for the first time, with a series of reversing market conditions and contract renegotiations sparking serious concern.
Germany-based integrated PV and energy storage firm IBC Solar has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 20MW solar project in the Indian state of Odisha.
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has revealed the awards of its 1.5GW solar auction, with some surprises given the original bid results and capacities.
Energy company EDF Renewable Energy has officially signed off on a power purchase agreement (PPA) with utility company Southern California Edison for a new 500MW PV project, the Desert Sun reports.
A consortium of international chambers of commerce has advised the Vietnamese government that its draft solar PPA template is “non-bankable” and cannot attract financing for PV in Vietnam, particularly for medium and utility-scale projects, according to documents seen by PV Tech.
A 100MW AC (125MW DC) solar farm project in Australia will be sold by global utility-scale solar developer FRV (Fotowatio Renewable Ventures), to two investment groups.