Bids in 300MW Saudi solar tender breach two cents

UPDATED: Saudi Arabia’s 300MW solar tender has seen opening bids go lower than two US cents, setting the tone for a new global solar power tariff record if awarded.

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GCL-SI to supply 62MW of solar modules to Brazilian projects built by WEG

‘Silicon Module Super League’ (SMSL) member GCL System Integration Technology (GCL-SI) has secured a 62MW module supply deal with Brazil-based engineering company, WEG.

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NTPC tenders 225MW of solar under DCR in Uttar Pradesh

India’s largest utility NTPC has tendered 225MW of solar using local content rules at Billhaur in the state of Uttar Pradesh.

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ADB and AIIB expand financing for India’s Green Energy Corridors

The Asian Development Bank (ADB) has enlarged its support of clean energy transmission projects in India by obtaining co-financing from multilateral development bank Asian Infrastructure Investment Bank (AIIB).

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India ponders how to mandate storage with large-scale solar and wind

India’s Central Electricity Authority (CEA) is debating how and whether to introduce a mandate for solar and wind projects above a certain size to be coupled with energy storage.

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Mobisol partners with responsAbility for SPV financing deal

PV company Mobisol announced that it has signed off on an off-balance sheet debt deal with two energy funds managed by responsAbility — a leading asset manager in the field of development investments.

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Vietnam utility and World Bank install solar measurement stations to encourage deployment

The World Bank and Vietnam’s monopoly utility EVN have installed five solar measurement stations in order to promote renewables deployment.

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Enel starts operations at Brazil’s two largest solar projects

Enel subsidiary Enel Green Power Brasil Participações (EGPB) has started operations for 546MW of solar PV projects in Brazil.

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Brazil registers more than 18GW of solar for December auction

Brazil’s energy agency EPE has registered 574 solar PV projects, totalling 18,352MW in capacity, for it’s A-4 Reserve energy auction that will be held in December.

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Vietnam’s final solar PPA still short of bankability

Vietnam’s final solar power purchase agreement (PPA) has to a large extent ignored recommended changes from a group of international Chambers of Commerce and therefore its attractiveness to foreign investors remains in doubt, according to representatives from law and finance sectors.

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Soltec to supply 38MW of PV trackers for PV project in Brazil

Single-axis solar tracker manufacturer Soltec announced Wednesday that it is supplying 38MW of solar trackers to the Assuruá PV power plant in the Brazilian state of Bahia.

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