India Allocates 500 Megawatts Of Solar At 4.1¢/kWh
At a recent auction conducted by the Gujarat government for 500 megawatts of solar projects, tariffs have risen slightly from the record lows in India.
At a recent auction conducted by the Gujarat government for 500 megawatts of solar projects, tariffs have risen slightly from the record lows in India.
The World Bank and the Vietnam’s Ministry of Industry and Trade (MoIT) have joined hands to implement a pilot auction program for solar projects.
One of the largest solar power projects in the world has reached another crucial milestone as inverters have been ordered for it.
As I noted in my article earlier today, Bloomberg New Energy Finance’s Future of Energy Summit just wrapped up in London. Michael Liebreich, BNEF’s Founder* and now Chairman of the Advisory Board, knocked the ball out of the park in his keynote presentation (whoops, wrong continent for that metaphor).
SkyPower Global has found itself in a legal tussle with the government of Madhya Pradesh and could end up losing two of the three 50 megawatt solar power projects it won in the state’s competitive auction.
Dubai will soon be home to the world’s largest concentrated solar power facility. The 700 megawatt facility will cost more than $4 billion to construct. The cost of energy from the plant is set at 7.3 cents per kilowatt-hour.
The Ministry of New and Renewable Energy in India has put a notification to impose heavy penalties if states or project developers unilaterally modify or move to renegotiate solar power purchase agreements.
The Navajo Nation’s first utility-scale solar energy project is now generating enough electricity to provide for the needs of around 13,000 area homes, according to recent reports.
Duke Energy has announced it is abandoning work on its proposed Levy Nuclear Project and will build 700 megawatts of solar power plants over the next four years instead.
Almost every nuclear power plant in the US is losing money. New nuclear facilities will never be profitable says BNEF. Green Tech Media says solar in the US will equal nuclear in installed capacity by the end of this year.