Philippines wants auctions for 2 GW of renewables
The government is planning to introduce a procurement regime this year which the Institute for Energy Economics and Financial Analysis says could drive the price of clean electricity as low as PHP3/kWh. It is thought projects which missed the feed-in tariff scheme deadline will be eligible to compete in the auctions.
Mongolia kicks off solar-plus-storage tender
The 5 MW Uliastai solar-plus-storage project will be located in the city of the same name in the western part of the country, around 1,100km from Ulaanbaatar. The facility is part of a plan to deploy 40 MW of solar and wind generation linked to energy storage in the nation’s western and Altai-Uliastai regions.
Vietnam to hold auctions for 400 MW of floating solar
Following its decision to switch from fixed feed-in tariffs to reverse auction bidding for the setting of solar incentives, the Vietnamese government has decided to devote the first two pilot auctions to floating PV. A first procurement exercise, for a project which could reach 100 MW of generation capacity, will be held this year.
Sungrow secures construction contract for 35 MW plant in Bangladesh
The Chinese inverter maker’s EPC unit has tied up the deal to build the plant being developed by Spectra Solar Park in the Manikganj district.
ADB to provide $451 million to strengthen grid in southern India
The funds will be used to build an extra-high-voltage transmission link to transmit 9 GW of capacity, including 6 GW of renewables, to the Chennai–Kanyakumari Industrial Corridor by 2025.
Asian Development Bank hails Bangladesh’s floating PV potential
A delegation from the Asian Development Bank recently paid a visit to the South Asian country to assess the prospects of floating PV in a nation that suffers from a general lack of land upon which to develop new renewable energy projects.
Bangladesh to assess impact of integrating renewables into grid
The government has set a very low bar of achieving just 10% of its electricity supply from renewables as it tenders for consultants to advise it on how to incorporate intermittent generation into the national grid.
Tuvalu granted $6m for renewables ambition
The Asian Development Bank has signed off a grant for the South Pacific island nation to move on its plans to be 100% renewable by 2025.
Bangladesh nears net metering policy for solar irrigation pumps
Firming up the payment system for solar energy exported back into the grid from PV-powered pumps will offer owners a new revenue stream, eat into a $1 billion annual diesel fuel bill and reduce strain on the grid by up to 1.5 GW daily during the agricultural season.
Vietnamese hydropower company secures financing for 47 MW floating PV project
Da Mi has $37 million for a floating solar project it wants to build at its hydropower plant in Binh Thuan province. If built before 2022, the project will be entitled to a feed-in tariff of $0.0769/kWh – provided a draft FIT scheme being considered by the government is passed into law.
