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.
The Chaoyang facility is the largest of the first batch of central-subsidy-free solar projects approved in the world’s biggest solar marketplace. China Power has awarded three construction contracts to entities owned by its SPIC parent company.
The average price in the October round of Germany’s solar capacity procurement program fell back below the five-cent mark, helped by expansion of the quota for solar on Bavarian agricultural land. Nineteen of the 27 projects allocated by the Federal Network Agency were such schemes.
That would take the country to 8.28 GW of generation capacity by the end of the next decade with the government stating up to 6 GW of small scale capacity could be required on top. By that stage, however, coal would still amount to 43% of generation capacity and gas and diesel a combined 8.1%, under the new Integrated Resource Plan.
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