TTC to invest $1 billion on 1 GW in Vietnam — reports
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.
India: TANGEDCO receives technical bids of 3.7 GW for 1.5 GW solar tender
As expected, TANGEDCO’s new tender has attracted unprecedented attention, despite the utility’s previous unpopularity among developers.
Mongolia gets $54.4 million to improve grid and build 10 MW solar plant
The two projects will be funded by the World Bank and the Scaling-Up Renewable Energy Program under the Strategic Climate Fund
Nicaragua reduces ceiling price for solar by 40%
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 buys 100 MW for $80.3 million
Kong Sun Yongtai Investment, the Chinese group’s investment holding unit, has acquired three projects in northwestern China.
Spain’s upcoming 3 GW renewable energy auction expected to be held on July 18
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.
Construction begins on 596 MW of solar in Florida
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.
French Development Agency finances solar project in Bolivia with €11.5 million
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.
NextEnergy Solar Fund heralds arrival of subsidy-free UK solar
Amid falling costs across the industry, Guernsey-based investment company NextEnergy Solar Fund is planning to develop four solar plants totaling 59.8 MW without the U.K. government’s financial backing.
Russia allocates 520 MW of PV capacity in 2017 renewable energy auction
The auction was open to solar, wind and hydropower. Projects selected in the tender must be commissioned between 2018 and 2022.
