Spanish solar developer Grenergy has issued €52.5 million (US$57.55 million) of green bonds to help the company finance a pipeline of projects, including a 1GW portfolio in Colombia.
Bids have ranged between 2.87-2.91 rupees per unit in a 250MW solar auction at a challenging location, known as the Dondaicha Solar Park in the state of Maharashtra.
Distribution company Gujarat Urja Vikas Nigam Limited (GUVNL) has invited expressions of interest (EoI) for development of 1GW of PV capacity in a solar park at Dholera Special Investment Region (DSIR), Gujarat.
India’s Ministry of New and Renewable Energy (MNRE) has extended the timeline for implementation of its 40GW Solar Parks scheme from 2019-20 to 2021-22.
Indian solar tariffs have matched their lowest ever in the most recent 2GW auction from Solar Energy Corporation of India (SECI), hitting INR2.44/kWh (US$0.036) for the first time since May 2017, and with much of the capacity expected to be set up in Rajasthan.
The Indian state of Gujarat has approved what could be the world’s largest solar park once completed, standing at 5GW capacity, according to chief minister Vijay Rupani.
India’s large-scale solar space, which has been dominated by Solar Parks in the last two years, now has standalone projects firmly back on the map with multi-Gigawatts of capacity up for grabs and a chance for higher risk-taking players.
The Sindh government aims to hold auctions for 400MW of solar parks, install 15MW of rooftop solar on public buildings and reach 250,000 households with solar home systems, having released a new environmental framework.
