Power Grid Corporation of India Limited (PGCIL) has sought loan assistance of US$1 billion from the Asian Development Bank (ADB), according to energy and mines minister Piyush Goyal.
India’s Ministry of Power has confirmed previously announced plans to waive inter-state transmission charges and losses for both wind and solar projects won through competitive bidding.
Chile has appointed five directors for the Board of its Independent Coordinator of the National Electric System, after its major transmission law upheaval.
Brazil’s Ministry of Mines and Energy (MME) has released new guidelines for transmission, which will come into play in time for the wind and solar projects to be tendered in the second reserve energy auction this December.
High costs of capital and low tariffs are causing extremely tight margins for solar developers in India. PV Tech caught up with Gaetan Tiberghien, principal investment officer, South Asia for International Finance Corporation (IFC), to discuss financing in the region.
India’s green energy corridor plan has seen 250MW of transmission capacity completed around Anantpur with a further 1.25GW due in 2017 in the Andhra Pradesh state.
Some Green Energy Corridor projects aiming to expand the transmission network to South India are facing major delays, according to power and mines minister Piyush Goyal.
Chile’s solar PV installations reached 1,267MW at the end of June this year, up 50MW from the previous month, according to the latest figures from Chilean renewable energy research institute (CIFES).
The Chilean Congress has passed a major law on electricity transmission, which will help the development of both renewable and non-renewable energy projects.
