Another Indian Solar Tender Sees 1.5x Subscription
The Indian state of Rajasthan continues to attract solar power developers from across the country with continued high subscription rates against the capacity offered in tenders.
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1.5X Oversubscription In India’s Latest Solar Tender
Finally, a ray of hope for the Indian renewable energy market with massive oversubscription in the latest and fourth national-level solar power tender issued by the Solar Energy Corporation of India. The massive oversubscription reported for this tender comes after capacity offered in a slew of state and central-level tenders remained unsubscribed by project developers.
India Renewable Energy Developers Line Up US$1 Billion Green Bonds
Two large private renewable energy developers in India are planning to raise US$500 million each through sale of green bonds. The move highlights the tightening flow of funds in the Indian market due to the sustained crisis in the banking sector.
India Auctions 1.2 Gigawatts Of Solar At 3.59-3.68¢/kWh
The first national-level solar power auction organized by the Solar Energy Corporation of India (SECI) witnessed a healthy competition among Indian and foreign project developers and a tariff bid that would make the government happy.
Gujarat Solar Auction Yields India’s Lowest Bid
The Indian state of Gujarat has managed to match neighboring Rajasthan in terms of the lowest solar power tariff quoted by project developers. So far, only Rajasthan could boast about having the cheapest solar power projects.
SoftBank-Backed SB Energy Accused Of Cartelization In India’s Largest Solar Tender
Sector experts were puzzled when the Solar Energy Corporation of India (SECI) partially cancelled the country’s largest-ever solar power auction. The fact that SECI had offered 3 gigawatts of capacity in one go was a milestone in India’s solar power sector. Several developers — Indian and foreign — had collectively offered to set up 10.3 gigawatt capacity.
India Cancels 2.4 Gigawatt Solar Capacity Awarded In Largest Tender
In a shocking decision by the Solar Energy Corporation of India (SECI), five major solar power developers lost 2.4 gigawatts of capacity they had secured last month in the country’s largest-ever solar power auction.
India’s Largest Solar Tender Yields Lowest Tariff Ever
Two of India’s leading solar power developers have managed to win possibly the largest capacities ever awarded in a single tender in the country.
Solar Power Development Heats Up In India’s Uttar Pradesh
Uttar Pradesh, one of the largest power consuming states in India, has long been a laggard in setting up solar power projects, and increasing the share of solar power in its energy mix. All that, it seems, is about to change very soon.
Indian Solar Tariffs Stable At 4¢/kWh After 1 Gigawatt State Tender
Solar power tariff bids in India seem to have stabilized around ₹2.71/kWh (4¢/kWh) in the latest major auction for utility-scale solar power projects.
