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.
The Indian state of Tamil Nadu has issued a request for submission (RfS) for 500MW(ac) of solar energy, continuing attempts to reach its Renewable Purchase Obligations (RPO), after a previous tender of the same size was undersubscribed.
Indian salt producer Sambhar Salts Limited (SSL), a subsidiary of state-owned firm Hindustan salts, has invited Expressions of Intent (EOI) for the development of a 100MW solar project in the state of Rajasthan, on an EPC basis.
Brazil’s solar industry will still see strong growth despite the cancellation of Brazil’s only solar and wind auction this year, representatives of ‘Silicon Module Super League’ (SMSL) member Canadian Solar have told PV Tech.
Indian rooftop solar tariffs are expected to reach an all-time low under Solar Energy Corporation of India’s (SECI’s) latest 1GW rooftop tender, according to forecasts from consultancy firm Bridge to India.
The first cross-border PV tender in Europe stood as a success, as five companies based in Denmark secured 50MW worth of solar capacity in the German bidding process.
Phoenix Solar and Asunim Turkey bring the country's largest solar plant online, SECI opens a tender for small-scale rooftop solar, Brazil regulators investigate the value of distributed generation and I&M brings its fourth solar plant this year online.
India’s largest utility NTPC has invited bids for a single solar PV project of 250MW capacity to be set up at the Kadapa Solar Park in Andhra Pradesh under open category.
