Solar Tariffs News
IRENA predicts LCOE of solar will drop to $0.01-0.05 by mid century
The latest study published by the International Renewable Energy Agency says the average solar electricity cost of $0.085/kWh produced by projects commissioned last year is set to fall to $0.048 next year, and $0.02-0.08 by 2030.
Nov 13, 2019 // Tariffs, USA, Saudi Arabia, Chile, South america, Asia, Oceania, United Arab Emirates, Mexico, North America, Peru, SUB-SAHARAN AFRICA, WORLD
Germany added 2.9 GW of solar in nine months
In September, PV systems with a total generation capacity of 287 MW were registered in the country. The feed-in tariff has fallen again for this quarter as a result of the new capacity additions.
Nov 1, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, Rooftop PV, Germany, Europe
Algerian 150 MW solar tender secures final price of $0.069/kWh – and only a third of the capacity
The Algerian Electricity and Gas Regulation Commission has concluded a tender launched in June. The one solar project selected will sell power at DZD8.28/kWh. The authority reportedly only published ceiling prices for energy bids on the day the exercise was completed.
Oct 30, 2019 // Markets & Finance News, Tariffs, tender, Africa, Algeria, Malek Drif, CREG, Al-Muchkat’s Drif
China installed 920 MW of household solar last month
Hopes are high up to 5 GW of residential solar capacity will have been added by the time this month’s figures are added, as the household solar feed-in tariff still applies – but only until Thursday. However, the AECEA consultancy has again revised down its overall new capacity expectation for the year.
Oct 30, 2019 // Residential, Markets & Finance News, Tariffs, Rooftop PV, China, AECEA, Asia, rooftop PV
CleanChoice brings community solar to municipal level
CleanChoice Energy is introducing town partnerships for its CleanChoice Community Solar offerings. The company’s first Community Solar Partnership is with the Village of Wappingers Falls, where CleanChoice Energy will serve as the town’s preferred provider of community solar, allowing local residents to realize savings while working toward the town’s sustainability goals. Wappingers Falls’ residents can subscribe to CleanChoice Energy’s new portfolio of local community solar farms and save up to 10% on their utility bills.
Oct 26, 2019 // Plants, Large-Scale, Commercial, Residential, Grids, Tariffs, Rooftop PV, USA, cleanchoice energy, North America, Matt Alexander, Tom Matzzie
German PV tender brings average solar price of €0.049/kWh
The average price in the October round of Germany’s solar capacity procurement program fell back below the five-cent mark, helped by expansion of the quota for solar on Bavarian agricultural land. Nineteen of the 27 projects allocated by the Federal Network Agency were such schemes.
Oct 21, 2019 // Markets & Finance News, Tariffs, Germany, Europe, tenders
German Greens call for larger PV auctions as tariffs drop below 5-cent-per-kWh mark
Germany is crippling solar’s ability to produce large volumes of ever-cheaper electricity even as it retains too-large tenders for wind that end in undersubscription, the country’s Greens have said.
Oct 21, 2019 // Markets & Finance News, Tariffs, Germany, tender, Europe, auction, tariffs
Race Heats Up For Title Of Cheapest Solar Energy In The World
Dubai has narrowly missed out on reclaiming the title of having the world’s cheapest solar photovoltaic (PV) energy, after receiving bids for the latest phase of a massive solar park on the desert outskirts of the city.
Oct 17, 2019 // Markets & Finance News, Tariffs, China, Asia, ACWA Power, Dubai, Tom Heggarty, mbr solar park, Abu Dhabi, Concentrated solar power
Andhra Pradesh regulator approves solar power tariffs
The latest blow in the political battle between clean energy project developers and an anti-renewables state government has seen the electricity regulator order power distribution companies to honor PPAs signed after a public tender.
Oct 17, 2019 // Tariffs, Policy, PPAs, India, Asia, APERC, Andhra Pradesh
DEWA bags $0.016953/kWh tariff for 900MW of Dubai solar park
The Dubai Electricity and Water Authority (DEWA) has confirmed that it fielded a tariff of US$1.6953 cents per kWh in a recent tender for a 900MW plot of its 5GW Mohammed bin Rashid (MbR) solar parks – a bid it claims sets a world record for the indepedent power producer (IPP) model.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Tariffs, Dewa, Asia, United Arab Emirates, Saeed Mohammed Al Tayer, tenders, ACWA Power, Dubai, gulf
German report makes recommendations for private PPA adoption in China
The German Energy Agency has drawn up a list of proposed measures which it says could help the world’s biggest solar market accelerate its clean energy plans through the adoption of subsidy-free – private – power purchase agreements.
Oct 15, 2019 // Markets & Finance News, Tariffs, Policy, PPAs, Germany, China, Europe, Asia, tariff, Dena, subsidy-free PPAs
India releases guidelines for Solar-Wind Hybrid procurement
India has released new draft guidelines for the bidding process under its Wind-Solar Hybrid Policy, which includes e-reverse auctions and allows for the addition of energy storage capacity.
Oct 15, 2019 // Plants, Large-Scale, Commercial, Storage, Tariffs, India, SECI, hybrid, Asia, tariffs, mnre, curtailment, cuf, penalty
900MW tranche of Dubai’s MBR solar park sees bid of $0.0175/kWh
The Dubai Electricity & Water Authority (DEWA) has allegedly attracted the second lowest global solar bid for a 900MW tranche of the 5GW Mohammed Rashid Al-Maktoum (MBR) solar park in Dubai.
Oct 15, 2019 // Plants, Large-Scale, Commercial, Tariffs, First Solar, Asia, tenders, ACWA Power, Dubai, UAE, mohammed rashid al-maktoum solar park, mbr solar park, gulf
India rebukes analyst claims it will miss clean energy targets
Expert warnings that India will be falling short of its renewable deployment targets have sparked a strong-worded rebuke from the government, which has slammed them as “ill-founded”
Oct 10, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, Policy, India, Asia, auction, tariff, Vinay Rustagi, CRISIL, narendra modi, mnre
India to fall well short of 175 GW renewables target
A report by Indian ratings agency CRISIL points to a rising rate of tender failures, an inconsistent policy approach from central and state governments and restrictive solar energy tariff caps and says India could have just 104 GW of renewables capacity by 2022.
Oct 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, India, SECI, Asia, tariff, CRISIL
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