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Indian solar prices at 2.59 rupees in 2GW NTPC auction

The lowest bid quoted in Indian state-run utility NTPC’s auction for 2GW of interstate transmission system (ISTS)-connected solar was INR2.59/kWh (US$0.037), a 14 paisa rise from the L1 tariff in the most recent 2GW PV auction in India.

Abira, Japan

SB Energy, a subsidiary of telecoms group Softbank, and conglomerate Mitsui are close to completing an 111MW PV project in northern Japan.