Solar tariffs in India hit a record low of INR2/kWh (US$0.0270/kWh) following an auction this week for 1,070MW of PV projects that are set to be developed in the state of Rajasthan.
Deal to supply PV power at tariffs of around US$38/MWh for 25 years will see firm deploy colossal fleet by 2025, together with 2GW worth of solar factories by 2022.
ReNew Power, India’s largest renewable energy independent power producer, has signed off on joint venture partnership with South Korea’s GS E&C to help develop a 300MW PV project in Rajasthan, India.
Rajasthan's renewable energy agency is seeking developers to build, own and operate 0.5-2MW solar projects that would be installed near, and interconnected with, state-owned substations.
After record low tariff project gets safeguard duty relief, ACME Solar president tells PV Tech that compensation payment timelines are clear and other state commissions will likely follow centre's lead, while analyst warns of PPA differences.
Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for 750MW of grid-connected solar PV projects in the state of Rajasthan.
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.
Acme commissions 200MW in Rajasthan, BlueWave Solar sells 24MW community solar portfolio to Goldman Sachs, TIU Canada starts building 13.5MW solar project in Ukraine using LONGi modules.