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.
Ceiling price set at INR2.75/kWh and the L1 price for the auction ends at same level.
The first auction for capacity at the Raghanesda Solar Park in the Indian state of Gujarat was scrapped due to high tariffs, but a second attempt has drawn far lower tariffs.
Country opens consultation for tender offering solar and wind 20-year-PPA support on a competitive basis, with plans to hold event after summer.
EDF signs PPA for 60MW PV project near Athens, Daystar Power partners with Swedish investment platform to finance solar in West Africa, Solar energy from Total to power GAC Dubai’s warehouses.
Joint venture formed to deploy renewable portfolio of 900MW, featuring four solar plants and two onshore wind projects backed through post-auction 15-year PPAs.
LSS2019 special report: Top financiers bullish on European potential but apprehension around government intervention continues to loom over continent.
Solarcentury, Engie projects secure a spot at tender targeting 500kW-30MW installations, with average prices reaching €62.7/MWh.
Grid expansion push is first of nine projects set to help country accommodate renewable surge all the way to 2025.
Onus is now on industry to satisfy rising demand for solar, association PSES says as country prepares to tender 750MW of PV this year.
Contracts for Enel and Emgesa to supply Andean state between 2022 and 2023 mark PV’s first victories at tender designed to mitigate effects of droughts.
A 750MW solar PV auction for capacity in the Indian state of Rajasthan has drawn lowest bids that were four rupees per unit higher than India's record low.
State secretary João Galamba tells PV Tech of plans to boost dispatchable renewables and shares figures and time frames for separate PV auctions this year and next.
Government promises bidders a second chance by Q2 2019 after rejecting all proposals this week over antitrust concerns.
Large-scale event reportedly scheduled for June or July comes as part of government plans to greatly expand still-dormant PV sector.