Global bids are invited to develop an aggregate 75 MW of grid-connected solar power projects with an upper tariff ceiling fixed at INR 3.00/kWh ($0.041/kWh) for the entire power purchase duration of 25 years. The projects are to be installed in the Uttar Pradesh Solar Park on a build-own-operate basis.
The tender is aimed at procuring 2 GW of capacity in response to the chronic short-term electricity supply gap that is affecting the country and its mining sector. The South African government has selected three LNG projects that may secure around 60% of the awarded capacity and several renewable energy projects including solar, wind and storage. The procurement exercise attracted a lowest bid of $ 0.0998/kWh.
The South African Department of Energy has launched yesterday the fifth round of the Renewable Energy Independent Power Producer Procurement Program (REIPPPP). It seeks to procure 1 GW of PV and 1.6 GW of wind power.
Through the fourth tender of the LSS program for large scale PV, the Malaysian authorities have pre-selected 30 solar projects with a combined capacity of 823 MW. The lowest bid came in at MYR0.1768/kWh ($0.0429) and the highest at MYR0.2481/kWh.
The Turkish authorities revealed that 131 project proposals, with a combined capacity of 9,440 MW, will compete in the tender.
The government of the South American nation is seeking to electrify with solar-plus-storage several remote communities through eight different tenders.
KTDA Power Company is seeking developers for up to ten small-sized solar parks. The facilities are expected to have a capacity of between 300 kW and 1 MW.
The Turkish government has revealed the tender’s five-day schedule between March 8-12. It also specified how much capacity each of the 36 cities reached by the procurement exercise will have.
The Puerto Rico Electric Power Authority has been ordered to procure a total of 3.75 GW of renewables and 1.5 GW of energy storage.
In the category for PV projects exceeding 5 MW, the final average price was €0.05338/kWh. The tender’s overall final average price, including smaller PV project categories, was 4.7% higher than in the previous procurement exercise.
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