PV Tech looks behind last week's Indian government announcement that it would issue a 7.5GW solar tender in the high altitude mountain desert region of Ladakh.
India has given the option to solar power procurers to extend the timelines for land acquisition, financial close and PV project commissioning, which should help developers working on interstate transmission system (ISTS)-connected plants.
Peru is preparing a reform to its energy policy in order to support more renewable energy penetration, according to the minister of energy and mines, Francisco Ísmodes.
The Asian Development Bank (ADB) will provide a US$260 million loan to the Government of Pakistan to improve the country’s power transmission network and help offtake of power from new and renewable energy power projects.
The Solar Energy Corporation of India (SECI) has tendered another 3GW of inter-state transmission system (ISTS)-connected solar projects to be set up anywhere in India, adding to the 2GW of similar projects tendered in January.
The European Union will provide €578 million to build a major power link running through the Bay of Biscay to export Spain’s excess renewable energy to France, in a move that has been welcomed by France, Spain and Portugal.
The days of naming financing as one of the major hurdles for Indian solar appear to be coming to an end in 2017 as record low tariffs were enabled by a newly-attractive fiscal environment. PV Tech caught up with Kuljit Singh, partner, Transaction Advisory Services at EY, to discuss a potential spate of Indian solar IPOs, pension fund interest, Masala bonds and the future of the market.
The Asian Development Bank (ADB) has enlarged its support of clean energy transmission projects in India by obtaining co-financing from multilateral development bank Asian Infrastructure Investment Bank (AIIB).
Acme Cleantech Solutions has 410MW of solar PV project completions in the Indian state of Telangana, but is facing a transmission issue for another 80MW, according to the company’s head.
