Solar Auction Activity Increased in October with 1.3 Gigawatts

Solar Auction Activity Increased in October with 1.3 Gigawatts

Auction activity increased in October 2019 while tender announcements decreased compared to the previous month, according to Mercom India solar tender tracker. About 2.7 GW of solar tenders were floated ...
/ / Mercom Research Focus, Other
ReNew, Avaada, UPC Renewables & Tata Power are Winners in the 960 MW SECI Auction

ReNew, Avaada, UPC Renewables & Tata Power are Winners in the 960 MW SECI Auction

The Solar Energy Corporation of India (SECI) has awarded 960 MW of inter-state transmission system (ISTS-VI) connected solar projects in a recently concluded auction. The auction winners included ReNew Power ...
/ / Solar, Tenders & Auctions
ACWA Power to Develop 250 MW of Solar Projects in Ethiopia

ACWA Power to Develop 250 MW of Solar Projects in Ethiopia

Saudi Arabia’s ACWA Power has won two 125 MW solar projects in Ethiopia in the country’s first round of solar program under Public-Private Partnership (PPP). The projects will be located ...
At 6.5 GW, Solar Tenders Surge While Auctions Plummet in August 2019

At 6.5 GW, Solar Tenders Surge While Auctions Plummet in August 2019

After witnessing a considerable dip in July, the month of August saw a surge in solar tender announcements. Nearly, 6.5 GW of solar tenders were floated, and 695 MW of ...
/ / Mercom Research Focus, Other
Over 1 GW of Solar Tenders Floated But No Auctions in July 2019

Over 1 GW of Solar Tenders Floated But No Auctions in July 2019

After witnessing a huge surge in tender announcements in June 2019, the tender and auction activity slowed down in July. Nearly 800 MW of solar projects were tendered, 300 MW ...
Portugal Solar Auction Results in Record Low Bid of €14.8_MWh

Portugal Solar Auction Results in Record Low Bid of €14.8/MWh

Portugal’s recent solar auction resulted in a record low bid of €14.76 (~$16.4)/MWh, Joao Glamba, the secretary of state for energy told news agency Reuters. In the 1,150 MW auction, ...
Sembcorp to Infuse ₹5.169 Billion in its India Arm to Push Renewable Business

Sembcorp to Infuse ₹5.169 Billion in its India Arm to Push Renewable Business

Sembcorp Industries has increased its equity stake in its India arm Sembcorp Energy India (SEIL) from 93.73% to 94.05%. The company has infused ₹5.169 billion (~$75.33 million) into SEIL to ...
/ / Finance and M&A, Other
Gujarat Asks Winners of its 1 GW Wind Auction to Match the Lowest Tariff

Gujarat Asks Winners of its 1 GW Wind Auction to Match the Lowest Tariff

Clouds of uncertainty are hovering over 1,000 MW of wind projects in Gujarat. After awarding the capacities in May 2019, the Gujarat Urja Vikas Nigam Limited (GUVNL) has now asked ...
/ / Other, Wind
13 GW of Solar Projects Tendered in June as Procurement Activity Surges Post Elections

13 GW of Solar Projects Tendered in June as Procurement Activity Surges Post Elections

The month of June 2019 witnessed a big surge in tender announcements, compared to just 119 MW tendered in May 2019. Solar project auction activity also increased slightly in the ...
BHEL Bags Orders Worth ₹1.25 Billion for Two Solar Projects in Gujarat

Gujarat Auctions 700 MW of Solar Capacity, Engie Quotes Lowest Tariff of ₹2.65/kWh

Engie has emerged as the lowest (L1) bidder in the auction to award 700 MW of solar photovoltaic (PV) projects conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The solar ...
Lowest Tariff of ₹2.55/kWh Wins SECI’s 1.2 GW ISTS Solar Auction

Lowest Tariff of ₹2.55/kWh Wins SECI’s 1.2 GW ISTS Solar Auction

ReNew Power has emerged as the L1 bidder by quoting the lowest tariff of ₹2.55 (~$0.035)/kWh to develop 300 MW in the recent auction conducted by the Solar Energy Corporation of ...
/ / Solar, Tenders & Auctions
Uttar Pradesh’s 550 MW Solar Tender Oversubscribed by 245 MW

Uttar Pradesh’s 550 MW Solar Tender Oversubscribed by 245 MW

Eight bidders have submitted bids aggregating 795 MW in response to Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA)’s 550 MW grid-connected solar photovoltaic (PV) tender. The capacity, which ...
/ / Solar, Tenders & Auctions
3 GW of Solar Projects Tendered in October

3 GW of Solar Projects Tendered in October

More than 3 GW of solar projects were tendered in the month of October, which is more than double compared to September, according to Mercom’s India Solar Tender Tracker. This is ...
/ / Solar, Tenders & Auctions
Key Government Policy Announcements for India’s Renewable Sector in September 2018

Kazakhstan Auctions 202 MW of Solar Projects

Kazakhstan has auctioned 202 MW of grid-connected solar photovoltaic (PV) capacity in two separate auctions. To begin with, the Kazakhstan electricity and power market operator (JSC KOREM) has auctioned 30 ...
/ / Markets & Policy, Solar
India Auctioned 550 MW of Solar Projects in September 2018

India Auctioned 550 MW of Solar Projects in September 2018

Solar auction activity in the month of September plummeted to approximately 550 MW. This is just one fourth of the total capacity auctioned in August, and only one tenth of total ...
/ / Solar, Tenders & Auctions
MNRE Urges Ministry of Finance to Exempt Ongoing Solar Projects from Safeguard Duty

Wind and Solar Auctions with Unreasonable Bids Will be Cancelled: R.K. Singh

The government will continue to cancel solar and wind auctions if it finds that the prices discovered through reverse bidding are high. "We will accept bids which are reasonable. If ...
/ / Markets & Policy, Solar
India Auctioned 2 GW of Solar Projects in August 2018

India Auctioned 2 GW of Solar Projects in August 2018

The auction activity in the month of August plummeted to almost a third of July, which saw the highest auction activity in the year with 6 GW of solar projects ...
/ / Markets & Policy, Solar
SECI, Solar, PV, Grid-Connected, Standalone

India Auctioned 6 GW of Solar Projects in July 2018

The month of July saw the highest auction activity in the year so far with 6 GW of solar projects auctioned. The auctioned capacity was more than all of the ...
/ / Markets & Policy, Solar
Recent 1 GW Solar Tender Floated by Uttar Pradesh Stands Annulled

Recent 1 GW Solar Auction by Uttar Pradesh Stands Annulled

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has cancelled the recent auction for the development of 1 GW of grid-connected solar photovoltaic (PV) projects across the state ...
Jinko Solar Signs 240 MW Solar Module Supply Deal in Vietnam

NSEFI Requests Uttar Pradesh to Honor Tariff Discovered in Recent Solar Auction

The National Solar Energy Federation of India (NSEFI) has written to the energy minister of Uttar Pradesh to honor the tariffs discovered in the recently concluded 1,000 MW solar photovoltaic ...
Over 30 GW of Solar Tendered in the First Half of 2018 in India

Over 30 GW of Solar Tendered in the First Half of 2018 in India

Over 30 GW of solar projects have been tendered in the first half of calendar year. Auction activity lagged tender announcements in the first half by a large margin. Auctions ...
China Ends Wind Feed-In Tariffs and Opts for Auctions

China Ends Wind Feed-In Tariffs and Opts for Auctions

China’s renewable story is going through a transformation in 2018.  After many years of growth in renewable energy, the country is beginning to change its policies that will influence its ...
/ / Other, Wind
Lack of ISTS Connectivity Results in Postponement of 4 GW of Solar Tenders

Lack of ISTS Connectivity Results in Delay of 7 GW of Solar Auctions

The lack of inter-state transmission system (ISTS) connectivity is hampering the growth of renewables, especially solar in India. In the past few days, the implementing agencies have postponed bid-submission deadlines ...
Indian Solar Developers Urge MNRE to Postpone Auctions Due to Transmission Issues

Indian Solar Developers Urge MNRE to Postpone Auctions Due to Transmission Issues

The Solar Power Developers Association (SPDA) has written to the Ministry of New and Renewable Energy (MNRE), seeking postponement of scheduled auctions for projects, considering the ongoing transmission issues. The project ...
Approximately 1.3 GW of Solar Tendered and 40 MW Auctioned in India During April 2018

Approximately 1.3 GW of Solar Tendered and 40 MW Auctioned in India During April 2018

In April 2018, approximately 1.3 GW of new solar projects were tendered, over 1.6 GW was retendered, and only 40 MW of solar was auctioned across the country, according to Mercom’s ...