India’s Ministry of New and Renewable Energy (MNRE) has written to the Solar Energy Corporation of India (SECI) directing it to hold a one-off smaller 1.2GW solar tender with a significantly lower ceiling tariff, with the hope of driving tariffs down further.
Indian firm Acme Solar has matched its record – the lowest ever solar bid in India – once again during Solar Energy Corporation of India’s (SECI) 3GW Interstate Transmission System (ISTS) solar auction.
The Solar Energy Corporation of India (SECI) has issued a tender for two 1.5MW(AC) solar power projects with battery energy storage systems of 0.75MW / 2.5MWh each at two locations in the Indian state of Jammu and Kashmir.
Indian solar tariffs have matched their lowest ever in the most recent 2GW auction from Solar Energy Corporation of India (SECI), hitting INR2.44/kWh (US$0.036) for the first time since May 2017, and with much of the capacity expected to be set up in Rajasthan.
India’s unusual tender for 5GW of PV manufacturing capacity linked with 10GW of solar projects has been called many things, ranging from pioneering to fanciful, but the earliest stages have seen some of the global industry’s biggest names toss their hat in the ring.