The nation’s Central Procurement Board, on behalf of utility NamPower, has announced a tender to select an engineering, procurement and construction services contractor.
Renewable energy is rapidly being adopted by mining companies as the combination of off-grid power and cheaply available renewables offers a strong business case.
Three solar projects and five wind facilities were contracted in the procurement exercise. The auction’s final average electricity price was COP95/kWh, with a maximum bid of COP110.
The Chinese solar manufacturing giant will supply its latest modules to Singapore-based PV developer Hexagon Peak for a utility scale pipeline in Vietnam.
The central Asian nation and the International Finance Corporation have signed a mandate to develop up to 900 MW of solar capacity through public-private partnerships.
An AFP newswire report this week said Ministry of New & Renewable Energy secretary Anand Kumar had announced plans for 30 GW of generation capacity in the state of Gujarat and 25 GW in Rajasthan, all of it along a 20-25km strip of semi arid land on the border.
With power production up 133% year-on-year, revenues and EBITDA also rose significantly.
Developers have until November 18 to submit bids for projects anywhere in India. The projects are to be set up on a develop, build, demonstrate and transfer basis.
In this op-ed for pv magazine, Roy Torbert and José Juan Terrasa-Soler, of the Rocky Mountain Institute and Resilient Power Puerto Rico, respectively, analyze the cost of Puerto Rico’s energy recovery and the role that microgrids play in reconstruction and resiliency.
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