A UK-German research team analyzed solar auctions in India between 2014 and 2017 and has determined that local content requirements have driven up PV costs by an average of 6% per kilowatt-hour.
Selected projects will secure five-year power purchase agreements and will have to begin commercial operation on January 1.
The transnational West African Power Pool is seeking consultants for an environmental impact study as well as transaction advisors for a project under development since October.
The government is seeking proposals for 200 MW of renewable energy capacity including two 30 MW solar parks to be constructed in either Santa Elena or Guaya provinces.
The national utility has kicked off a procurement round to build the country’s first major PV project.
The Australian Capital Territory (ACT) has awarded a power purchase agreement in its fifth renewables reverse auction. The deal relates to a portion of a project consisting of 1.2 GW of wind, 600 MW of solar, and 900 MW/1,800 MWh of battery storage.
Portugal’s recent PV auction marks a new era of battery storage for the country, says UK consultancy Everoze. It notes that the auction was so competitive that the winners had to cut their expected remuneration in the solar+storage category to negative values. It claims that the real winner is the government, as it is maximizing the value of scarce grid capacity, and argues that the auction could become a benchmark for nations with limited grid space.
The $155,4 million project was secured by the Saudi energy giant through a tender held in 2019. The facility will sell power at a price of $0.02752/kWh.
The German government is planning to tender 5.3 GW in the rooftop segment and 13.5 GW for large-scale PV projects.
The South African Department of Mineral Resources and Energy (DMRE) is requesting proposals for the Risk Mitigation Independent Power Producers Procurement Programme (RMIPPPP). The tender is intended to procure 2 GW of capacity in response to the chronic short-term electricity supply gap that is affecting the country and its mining sector. Renewables are also entitled to compete.
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