Indonesia’s first ever feed-in tariff (FiT) for solar PV projects should generate attractive project returns in Java-Bali and Sumatra, according to a Bloomberg New Energy Finance (BNEF) research note.
Brazil’s energy agency EPE has registered 1,260 wind and solar projects for its 2nd Reserve Energy Auction 2016 to be held on 16 December, the only solar auction in Brazil this year.
The latest Indian solar auction has seen wining tariffs return to extreme lows at INR 4.35/kWh (US$0.065) for 130MW of PV in the Indian state of Rajasthan.
Indian conglomerate Adani Group has become the leading solar developer in India in terms of commissioned and pipeline capacity after winning all 100MW of solar capacity available in the latest auction from the state of Chhattisgarh, according an industry analyst.
The eastern Indian state of Jharkhand has awarded letters of intent (LOIs) to the winners of projects of more than 25MW capacity each from its 1.2GW solar PV auction, in what was seen as a positive step for developers.
The Indian state of Karnataka has released another set of letters of Approval (LOAs), this time for 260MW of solar PV capacity that were allotted in its dispersed 1.2GW solar auction in March.
Eastern US transmission organisation PJM Interconnection’s latest energy auction for capacity in 2019/20 saw 335MW of solar procured, nearly double that of the preceding year.
As part of a new plan to bring in 1GW worth of capacity from renewable energy sources, Argentinian President Mauricio Macri announced that the South American country will set aside 300MW worth of solar in the upcoming auction.
The US-headquartered Inter-American Investment Corporation (IIC), part of the Inter-American Development Bank (IDB), will help to finance 100MW of solar projects in the Northern Argentinian province of Jujuy.
