auctions and tenders

Spain has actually revealed its 4th renewables auction round, to be held on 22 November, with 1.8 GW of solar capacity sought to accelerate the decarbonisation of the country's power system.

United States power grid operator PJM Interconnection's latest capacity auction for 2023/2024 saw 1,868 MW of solar PV procured, up 25% from the previous auction.

Germany's federal government is planning to slash red tape for new renewables projects as part of a new package of procedures that will certainly see the nation's already ambitious solar deployment targets be raised even further.

Portugal will certainly aim to raise the share of renewables in electricity manufacturing to 80% by 2026, four years previously than previously prepared, its brand-new government introduced ahead of the nation's most recent solar public auction.

Italy has alloted 975MW of solar PV as well as wind capacity in its 7th renewables public auction, according to figures from power monitoring agency GSE.

The European Commission (EC) has revealed brand-new rules to assist in EU nations' financial investments in renewables and also help them reach their clean energy targets.

Global solar PV deployment gets on track to grow by 17% this year despite surging commodity prices raising production costs, according to the International Energy Agency (IEA).

Portugal has introduced its most current solar public auction that is set to allocate 262MW of floating PV to be installed at 7 dams throughout the country.

Germany's renewable energy sector has actually stated new federal government plans to more than triple the PV capacity included in next year's auctions do not go far sufficient in sustaining long-term solar implementation.

LONGi Solar will provide its high-efficiency modules to 2 projects in Malaysia totalling 190MW that were granted in the third round of country's large-scale solar tender program.

The Federal Energy Regulatory Commission (FERC) has revealed key choices this week giving quality as well as to solar developers within the United States, while signalling state support further down the line.

The outcomes of Spain's public auction today for 3GW of renewables capability have actually been widely welcomed by the nation's solar field, yet calls have actually been made to fine-tune future public auctions to sustain smaller-scale projects in addition to motivate the engagement of proposals with power storage.

Solar PV bidders protected two-thirds of assigned capacity in the first of Spain's brand-new renewable resource auctions, which was held the other day (26 January) as well as was more than three times oversubscribed.

Azure Power and Tata Power were amongst the champions in a reverse auction for 1.2 GW of solar projects under India's ISTS programme which saw winning tariffs of INR2.43/ kWh (US$ 0.0324).