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).
Spain has made the second of four steps necessary to carry out its 2-3GW renewable energy tender by passing a ministerial order, but the country’s main solar association has taken issue with with what it believes is a blatant favouring of wind energy in what should be a technology neutral auction.
Spain has approved the first of four norms necessary to carry out a major renewable energy tender, but the size of capacity available remains in doubt.
The energy nodal agency in the Indian state of Tamil Nadu has put in a bid for 50MW of solar in a 500MW retender due to insufficient interest from other players, according to consultancy firm Mercom Capital Group reporting a Tamil Nadu Energy Development Agency (TEDA) official.
India’s largest utility NTPC has invited bids for the development of 750MW of solar capacity at the Pavagada Solar Park in the southern state of Karnataka.
Indian solar developers have been more aggressive than their international counterparts in solar tenders and their risk pricing appears to have been inadequate, according to a new report from consultancy firm Bridge to India.
Zambian State-run firm the Industrial Development Corporation Limited (IDC) has invited expressions of interest for 150MW-250MW of solar PV capacity in Round 2 of the ‘Scaling Solar’ programme.