The Solar Energy Corporation of India (SECI) has cancelled 950MW worth of solar tenders as the extreme dive in solar tariffs across India continues to impact tenders, but it is expected to retender this capacity.
UPDATED: The Indian state of Tamil Nadu’s latest 1.5GW solar auction has received the lowest bids in the state so far with Raasi Green Earth winning 100MW of capacity with a tariff of INR3.47/kWh (US$0.054).
Brazil is primed to surpass 1GW of solar in 2017 as projects from three auctions between 2013-15 start to come online, but the industry eagerly awaits the next government 10-year electricity demand forecasts, according to the Brazilian solar association ABsolar.
Spain’s energy ministry has earmarked its next 3GW renewable energy auction to take place on the 18 July and introduced a bidding parameter change that could give solar PV a stronger chance of succeeding than in the previous auction, under a draft regulation sent to the CNMC.
India’s first grid-scale solar-plus-storage tender has been held up by the extreme drop in the country’s solar PV prices this year, according to Rahul Walawalkar, executive director of the Indian Energy Storage Alliance.
Spain will hold this year's second renewable energy auction of up to 3GW before the summer, but the parameters of the tender, which led to wind wiping the floor of the first auction, look to set to remain.
A Solar Energy Corporation of India (SECI) tender for 750MW of PV capacity at the Bhadla Solar Park in Rajasthan has been massively oversubscribed, with roughly 8.75GW worth of technical bids received.
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).