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CAPEX

SMA: Sustainability and profitability are not mutually exclusive

In the run up to our Greenwashing vs. verifiable sustainability webinar, the CEO of pv magazine’s UP initiative partner SMA Solar Technology, Jürgen Reinert, talks about what the inverter manufacturer is doing to prove its sustainability credentials.

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India added 1,836 MW of rooftop solar in last fiscal year

Maharashtra, Rajasthan, Gujarat, Karnataka and Tamil Nadu were the top five states by annual installation, accounting for 60% of the new capacity.

Solar offers increasingly lower capex in Russia’s renewables auction

Three projects with generation capacities of 5.6-6 MW were pre qualified for a 5.6 MW capacity procurement and Finnish utility Fortum secured the only PV project selected. The capex figure offered by solar developers was lower than that for 71 MW of wind power allocated and lower than for previous PV projects.

Russia’s RE auction concludes with surprisingly low bids

Hevel Solar and Fortum won the 148.5 MW worth of solar PV projects awarded in the auction. The Finnish utility, however, proposed a project CAPEX, which was almost half that of the Russian company’s.

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SECI announces winners of 500 MW rooftop auction in India

The Solar Energy Corporation of India (SECI) has released a list of the winners for projects within the eagerly observed 500 MW rooftop auction, with prices falling to record lows, although full capacity details of the projects have not been included within the list.

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