Record-setting solar auction could open India up to foreign investment

Developers from France and Germany and investors with access to cheap U.S. and U.K. finance were among the winners in a 2 GW procurement round which saw Spanish company Solarpack lodge a record-low price for Indian solar power of $0.031/kWh.A 2 GW solar auction held by national body the Solar Energy Corporation of India (SECI) has attracted an historic low Indian solar electricity tariff of INR2.36/kWh ($0.031) from Spanish developer Solarpack, which secured 300 MW of project capacity, according to data shared with pv magazine by the National Solar Energy Federation of India. The procurement exercise ...

Den vollständigen Artikel lesen ...