Indian solar tariffs reached yet another new low yesterday with the Indian arm of French clean energy firm Solairedirect winning 250MW(ac) of capacity in Andhra Pradesh with a record bid of INR 3.15/kWh (US$0.0494).
A Canadian government entity has signed a memorandum of understanding (MoU) with the government of Pakistani province Khyber Pakhtunkhwa (KP) to cooperate on up to 1GW of solar energy projects in the region.
Jasmeet Khurana, associate director, consulting, Bridge to India, shares his views on what the record breaking tariffs for 750MW solar in Madhya Pradesh mean for India's entire power sector.
Indian solar tariffs have reached a paradigm shifting new low after the final reverse auction round for 750MW capacity in Madhya Pradesh followed through into a nail biting second day.
The first round of bidding for the 750MW Rewa solar park in the Indian state of Madhya Pradesh has guaranteed that the highest tariff will be no more than 3.64 rupees per unit (US$0.054).
Andre E. Susanto, senior vice president and founder, PT Inovasi Dinamika Pratama, explains how the new regulation requires all renewable energy-based power plants to sell electricity at or below the state-owned utility PLN’s prevailing generation cost.
Unique tender structuring and a 28% module price drop will bring tariffs in the upcoming 750MW solar auction in Madhya Pradesh to extreme lows, according to the latest update from Bridge to India.
India’s ongoing demonetization scheme, which has divided opinion globally, looks set to improve the finances of Indian distribution companies (Discoms) in what could be a boon to the solar sector, according to consultancy firm Mercom Capital Group.
The regulator in the Indian state of Tamil Nadu has rejected Indian conglomerate Adani’s call for a revaluation of the tariffs it is set to receive for developing the world’s largest solar plant, Adani sources have told Mercom Capital Group.
Participants in Solar Energy Corporation of India’s (SECI) 500MW rooftop solar tender have put in a high variation of bidding levels with some states undersubscribed, according to Jasmeet Khurana, associate director, consulting at Bridge to India.
