Average winning solar bids in Spain’s renewables auction this week came in above those for wind as interest among PV bidders faltered against a backdrop of rising equipment costs and regulatory uncertainty.
Solar prices in Germany’s latest auction rose for the first time since the country started solar-based tenders in 2015, according to results released by Germany’s Federal Network Agency.
India’s first major large-scale solar-plus-storage tenders, tied with solar parks, have been cancelled by the Solar Energy Corporation of India (SECI).
India solar prices have continued their downward spiral, this time with record low bids of INR2.62/kWh (US$~0.04) from Phelan Energy Group and Avaada Power in the state of Rajasthan.
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.
Pakistan is set to adopt competitive bidding for new solar PV projects, according to an order published by the National Electric Power Regulatory Authority (NEPRA).
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.
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.
