The decree implementing the auction was published in the country’s official journal on Saturday. Solar seems to have more options compared to the previous 3 GW auction, in which only 1.5 MW of PV was contracted.
Vietnamese conglomerate TTC Group is now seeking investors for 10 to 20 projects, with plans to connect them to the grid by next year, according to recent media reports.
As expected, TANGEDCO’s new tender has attracted unprecedented attention, despite the utility’s previous unpopularity among developers.
The two projects will be funded by the World Bank and the Scaling-Up Renewable Energy Program under the Strategic Climate Fund
The government of the Central American country has approved the new reference price band for the new contracts for power generation from renewable sources.
Kong Sun Yongtai Investment, the Chinese group’s investment holding unit, has acquired three projects in northwestern China.
Only solar and wind power projects will compete in the auction. Wind, however, will probably have the largest share as the bidding rules remain unchanged.
The Canadian renewable energy company has taken full control of the joint venture that acquired the solar unit of Carmanah Technologies Inc. in April. Furthermore, the company has secured a contract to build a 17 MW ground-mounted solar plant near Calgary.
The eight projects being built by Black & Veatch and Blattner for FPL will greatly increase the state’s solar capacity and could catapult it into a leading solar market.
The 50 MW Planta Solar Fotovoltaica Oruro project is scheduled for completion in 2018. Bolivia’s power utility ENDE is currently reviewing 16 bids for the projects.
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