UPDATED: The first 600MW phase of the world’s largest solar park, standing at 2GW(AC) capacity at the Pavagada Solar Park in the Indian state of Karnataka, will be inaugurated today, successfully demonstrating a unique lease structure.
Indian Renewable Energy Development Agency Limited (IREDA) has signed an agreement with Rewa Ultra Mega Solar Limited (RUMSL) to finance two major solar parks in the state of Madhya Pradesh with a first loan of INR2.1 billion (US$33 million).
India has announced plans for an unprecedented solar procurement regime that aims to tender 20GW in 2017/18, followed by another 30GW in each of the two following years, but analysts have described the policy as "completely unrealistic".
Cambodia’s national utility and the Asian Development Bank (ADB) hope to tender out the first stage of their 100MW solar park programme in June 2018, according to a prominent ADB figure, who was speaking at the Solar and Off-Grid Renewables Southeast Asia (SORSEA) conference in Bangkok.
The Ministry of Power in the Indian state of Kerala has directed the state utility to provide training on grid-connected solar rooftop systems to its field-level employees, in what has been claimed to be a first in India. Meanwhile, a 200MW solar park has also been downgraded to 50MW.