With the national KUSUM program offering farmers the chance to develop projects or lease their land, developers in Odisha will have until June 22 to bid for projects. The state utility will buy the power generated under a 25-year PPA for a maximum INR3.08/kWh ($0.04).
Akuo, Amarenco and Voltalia secured the largest amount of capacity in the procurement exercise.
The selected bidders in a new Indian tender will set up wind-solar hybrid power projects to supply power under 25-year PPAs. Bidding closes on June 8.
Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) is seeking proposals to buy power under 25-year power purchase agreements, while Rising Sun Energy is seeking EPC partners for a 190 MW solar project in the Indian state of Rajasthan.
A unit of Tata Power has secured the rights to develop a 250 MW grid-connected solar project in the Indian state of Maharashtra.
The Korean Energy Agency has included PV projects exceeding 20 MW in size for the first time in its solar energy procurement scheme. Selected projects will be awarded a fixed rate under a 20-year contract under the country’s renewable energy certificate (REC) scheme and will sell electricity to local power distributors.
Twenty large-scale renewable energy infrastructure projects are under construction in New York state, paving the way for it to meet its goal of sourcing 70% of its electricity from renewable sources by 2030.
The first phase of the procurement exercise is expected to be finalized by the end of the week. The record low bid, for Turkey, was submitted for a 10 MW project in the Antalya region, in the sunny southern part of the country.
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