SB Energy Scores 200 Megawatts Of Solar In India At 4.16¢/kWh
SoftBank-led SB Energy has secured yet another win in India’s highly competitive market in an auction organized by the Solar Energy Corporation of India (SECI).
SoftBank-led SB Energy has secured yet another win in India’s highly competitive market in an auction organized by the Solar Energy Corporation of India (SECI).
In a short span of two years, SoftBank-backed SB Energy has emerged as one of the leading solar power developers in India. SB Energy has made significant inroads into the rapidly growing solar power market in India through expansive and aggressive participation in competitive auctions.
India auctioned off 750 megawatts of utility-scale solar power capacity over the last few days to wrap up a highly eventful 2017 that saw new records being created in terms of tariffs.
Trina Solar recently issued a press release boasting of the fact that its solar modules have started feeding electricity to the grid in India from a large-scale project of SB Energy, a joint venture company of Softbank, Foxconn Technology and Bharti Enterprises.
A large-scale solar power park in southern India is slowly reaching its planned capacity of 1 gigawatt as more and more developers commission their projects.
SoftBank led SB Energy has stated that India’s lowest solar power tariffs are financially viable given the sharp fall in module prices and ample supply of debt finance for energy projects.
A joint venture of Softbank, Foxconn Technologies, and Bharti Enterprises has announced that it has commissioned the world’s seventh largest solar power project in India.
Originally published on Sustainnovate. The rapidly increasing competition in solar power auctions in India have promoted utilities to take advantage of the falling tariffs and procure electricity to meet their renewable purchase obligations. Delhi-based power utility BSES has announced plans to procure renewable energy power purchase agreements amounting to 700 … [continued]
Originally published on Energy Post. By Rudolf ten Hoedt A first gold rush driven by generous subsidies led to an uncontrolled boom in solar power projects in Japan, of which, however, only a very small percentage actually got built. Now, however, the government has taken charge and serious developers are entering … [continued]