Israel’s second tender for solar-plus-storage concludes with final price of $0.0544/KWh
The Israeli government assigned 608.9 MW of PV capacity through the tender and selected seven developers for 33 projects. A storage capacity of around 2,400 MWh will be linked to the selected solar power projects.
Financial closing for 2 GW solar park in Abu Dhabi
France’s EDF and China’s Jinko Power Technology have finalized financing for the 2 GW Al Dhafra PV2 project. The array will sell electricity to Emirates Water and Electricity Co. at a price of $0.0135/kWh.
Indian PV auction delivers final record low price of $0.0269/kWh
The solar electricity price in India has dipped further to an all-time low of INR 1.99 ($0.0269)/kWh in a recently held 500 MW Gujarat auction, which is 0.5% lower than the previous record of INR 2.00/kWh set a month ago.
Solar claims all the 700 MW allocated in Poland’s latest small-scale renewables auction
Once again, solar was the only technology competing in the procurement exercise for renewables not exceeding 1 MW in size. The ERO reported a minimum price of PLN228.7/MWh ($61.2), which compares to PLN269.0 a year earlier.
Structural factors driving down PV prices in India
An analysis by India Ratings and Research (Ind-Ra) says improvements in PV panel designs and costs, lower financing costs and state-specific sectors, such as the location’s solar potential and certain waivers, have driven the decline in Indian solar tariffs.
Germany’s tender for utility-scale PV concludes with lowest price of €0.0488/kWh
The German authorities allocated around 257 MW in the latest round of the tendering scheme for PV projects exceeding 750 kW in size.
Indian Railways seeks proposals for solar+storage project
The Indian rail operator aims to set up a PV project in Dahod, Gujarat. It will be awarded via a competitive bidding process. Western Railways will serve as the off-taker for a period of 25 years.
Indonesia launches call for IPP solar projects
State-owned utility PT PLN (Persero) is seeking proposals from independent power producers to build large-scale solar plants.
Poland allocates 800 MW of solar in mixed PV-wind auction
Overall, the Polish energy regulator has allocated 1.7 GW of renewable energy capacity in a procurement exercise that was open to projects exceeding 1 MW in size. The auction concluded with a lowest price of $0.051/kWh, slightly up from the auction of the same kind held last year.
Italian grid operator awards 250 MW of storage in pilot auction
Terna’s first auction for reserve storage capacity was largely oversubscribed, with over 1,327 MW of submitted projects. Overall, 23 projects were assigned to 17 operators.
