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).
Sri Lanka will go ahead with an international tender to set up a 100MW floating solar plant on the Maduru Oya Reservoir in the eastern part on the island.
In this week's Movers & Shakers, PV Tech investigates Bill Gates' US$1 billion clean energy fund Breakthrough Energy Ventures, by speaking to new Science lead Eric Toone. We also report on Glasspoint Solar and Lark Energy's US expansions, new executive appointments in Asian firms Kyocera and 3TIER India, and thousands of energy jobs in the pipeline in the wake of Spain's renewable energy tenders.
Solar Energy Corporation of India (SECI) has scrapped 150MW of solar capacity that was due to be auctioned under local content rules, in what may be a sign of the WTO ruling against the DCR taking effect.
The Energy Commission of Malaysia (EC) has issued a Request for Proposal (RfP) document hoping to auction up to 460MW (ac) of large-scale solar capacity.
The Indian state of Tamil Nadu has received just 300MW of technical bids in its second attempt at a tender for 500MW of solar capacity, according to consultancy firm Mercom Capital Group.
Jasmeet Khurana, associate director, consulting, Bridge to India, shares his views on what the record breaking tariffs for 750MW solar in Madhya Pradesh mean for India's entire power sector.
After 33 hours of bidding, Mahindra Renewables, Acme Solar and Solenergi Power have emerged triumphant in the 750MW solar auction in Madhya Pradesh, with the lowest price smashing records at just INR2.97/kWh (US$0.044) in year one before an annual escalation kicks in.
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.
