Solar developer Adani Green Energy has announced plans to buy SoftBank-backed renewable energy company SB Energy Holdings a in a deal with an enterprise value of US$3.5 billion.
Solarpack to buy 43MW of Peru solar projects, Ichigo and Softbank bring Japanese solar plants into operation, Armenian government grants VAT adjournment for imports on 55MW solar plant.
Solar Energy Corporation of India (SECI) has carried out a 1.2GW solar auction in which the four lowest bidders stayed with the same tariff as their opening bid level.
UPDATED: Solar Energy Corporation of India (SECI) has gone ahead with an auction for its 1.2GW hybrid tender, despite the tender being undersubscribed and attracting just two technical bids.
Solar Energy Corporation of India's 1.2GW hybrid solar and wind auction, the first in the country, drew bids from heavyweight players Adani and Softbank, but was still undersubscribed by 150MW.
Softbank CEO Masayoshi Son has said its solar projects will provide electricity for free beyond the initial 25-year term of their power purchase agreements (PPAs).
The lowest bid quoted in Indian state-run utility NTPC’s auction for 2GW of interstate transmission system (ISTS)-connected solar was INR2.59/kWh (US$0.037), a 14 paisa rise from the L1 tariff in the most recent 2GW PV auction in India.
Softbank's joint venture, SBG Cleantech has caught the eye by submitting a technical bid for the full 2GW capacity available in an Interstate Transmission System (ISTS)-connected solar tender from Indian state-run utility NTPC.
