Indian renewable power developers queue for initial public offerings
It is expected that more and more Indian developers will be listed on IPOs in the coming years as an effective means to raise the equity for new power projects.
AfDB to co-finance 50 MW of solar in Burkina Faso
The African financial institution plans to help Burkina Faso electrify Northern Dorsal Africa through solar power plants alongside with smaller projects such as solar pumps and lamps in rural areas.
Saudi Arabia’s 300 MW solar tender may conclude with lowest bid ever
A consortium formed by UAE-based Masdar and French energy giant EDF has offered to deploy all the tendered capacity at a LCOE of 0.06697 SAR ($0.0178) per kWh. In addition, seven of the eight bids were under $0.03 per kWh. The tender’s bidders will be announced by the end of January 2018.
Suniva, SolarWorld double down on trade proposals
As the first half of the Section 201 remedy hearing comes to a close, Suniva and SolarWorld have made a case for a combination of tariffs and either quotas or a 74-cent minimum module price, and foreign governments have sought exemptions.
U.S. regulators set expedited timeline for coal, nuclear bailout
The U.S. Federal Energy Regulatory Commission (FERC) has given an October 23 deadline for testimony under a rule intended to subsidize nuclear and coal plants, a schedule which the solar and wind industries are joined by oil, gas and other public power groups in opposing. This could be the beginning of a long fight.
Chile’s installed PV capacity tops 1,748 MW
Developers connected around 700 MW of solar to the Chilean grid In the first eight months of this year.
EU greenlights French support for commercial rooftop, large-scale PV
The European Commission has established that two schemes that France has proposed comply with EU state aid rules.
Germany sees solar grow by another 162 MW in August
Around 48 MW of the new capacity comes from ground-mounted PV plants, while PV systems installed under the tenants’ solar power supply regime in July and August have reached 108 kW.
Argentinean government adjusts standards for locally manufactured PV components
Argentina’s Ministry of Energy and Mines has published new standards for local PV production, mere days before it plans to announce the winners of the second round of its RenovAr auction program for renewables.
Tamil Nadu signs MoUs for 1.5 GW solar auction
The government of the Indian state of Tamil Nadu this week signed MoUs with four companies to set up solar plants, after 16 companies successfully bid for 1.5 GW of capacity.
