ppa

Vietnam’s final solar power purchase agreement (PPA) has to a large extent ignored recommended changes from a group of international Chambers of Commerce and therefore its attractiveness to foreign investors remains in doubt, according to representatives from law and finance sectors.

Dr. Nguyen Tuan, director at the Renewable Energy Centre, Institute of Energy, Ministry of Industry and Trade (MOIT), Vietnam, discusses the current state of play for solar in Vietnam.

Renewable energy developers SkyPower and Renew Power are involved in legal disputes with the distribution company (Discom) of the Indian state of Madhya Pradesh over solar project deadlines and PPAs, while SkyPower has also claimed to have successfully brought into operation its first ever project in the state.

Given the tight land restrictions of the East Asian island, this would be a huge development.

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.

D. E. Shaw Renewable Investments (DESRI) has acquired a 40MW solar project which is still under construction in California from First Solar.

The Hawaiian Electric Company (HECO) will buy power from 110MW of new NRG-owned solar projects after state regulators approved the deal.

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.

Google will purchase all of the solar power from the 30MW Sunport Delfzijl plant in the Netherlands.