Indian utility Gujarat Urja Vikas Nigam Limited has auctioned 500MW of PV capacity, with winning bids setting a record for the lowest solar tariff seen in India.
Solar tariffs in India hit a record low of INR2/kWh (US$0.0270/kWh) following an auction this week for 1,070MW of PV projects that are set to be developed in the state of Rajasthan.
The government of Colombia has announced plans to hold a renewable energy auction in the first quarter of 2021 that it says could represent an investment of more than US$6 billion in the country.
Spain has approved a new framework for carrying out clean energy auctions with the first set to go ahead by the end of the year, as the country looks to install around 60GW of renewables by 2030.
Agreement for new solar plants to power all French sites of retail multinational comes as European country eyes post-COVID renewable future, with 152MW in new rooftop tender awards.
Deal to supply PV power at tariffs of around US$38/MWh for 25 years will see firm deploy colossal fleet by 2025, together with 2GW worth of solar factories by 2022.
Update confirms EDF, Hanwha, Innergex will deploy some of the 16 solar-plus-storage and standalone storage projects contracted in mid-May, joining ENGIE and other already-known winners.
Rome’s second CfD auction awards solar 19.4MW of total 500MW while Lisbon sets lower ceiling prices for new PV tender, set to launch one year after exercise that produced €14.76/MWh tariffs.
