Auction

SJVN Concludes 1500 MW Wind-Solar Hybrid Auction With Competitive L1 Tariff of Rs 3.43/kWh

Satluj Jal Vidyut Nigam Limited (SJVN), a renewable energy sector company has announced that it successfully concluded a reverse auction for a 1500 MW wind-solar hybrid project on February 20. The auction witnessed competitive bidding, resulting in the establishment of an opening L1 tariff of INR 3.43 per kWh. During the auction, Juniper Green Energy […]

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US Sets Sights on First Offshore Wind Auction in Gulf of Mexico

The United States has come up with a proposal for the first sale of offshore wind power development rights in the Gulf of Mexico. The sale currently under planning is an effort towards Joe Biden’s administration to set up wind turbines along all the coastlines of the USA, which looks to achieve 30 GW of […]

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Ireland Awards 414 MW Of Wind, 1534 MW Of Solar Projects At $101.80/MWh

EirGrid, state-owned power grid of Ireland, has recently released the list of final bidders winning the auction of twin deployments – 414 MW onshore wind and 1534 MW solar – under the aegis of Renewable Electricity Support Scheme 2 (RESS 2). The auction put to rest the price bands as the average price of the […]

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Croatia to Launch Renewable Auctions by Q3 2022

Croatia’s Ministry of Economy and Sustainable Development is considering announcing auctions for large wind farms and solar power plants by the third quarter of 2022. About a year back, the Ministry had announced preparations for auctions for premiums for large power plants using renewable energy sources, which were then postponed to the autumn season. According […]

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Italy Renewables Problem Continues; Wind Energy Auction Highly Undersubscribed

The conundrum of Italy’s renewable sector continues unabatedly as it’s evident from the results of its latest renewables auction published. The Italian government had about 3,300 MW of renewable energy on offer. This also included the non-awarded capacity from the previous auction which also witnessed under-subscription. The travesty continued this time too and the government […]

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Winning Bids at Rs 2.20/kWh in First Solar Auction After BCD Announcements

The very first solar auction after the Basic Customs Duty announcement on cells & modules has fetched a winning bid of Rs 2.20/kWh in Gujarat. The very first solar auction conducted after the announcement made by the Ministry of New and Renewable Energy (MNRE) of the Basic Customs Duty on Solar Cells and Modules from […]

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Tariff Rises to Rs 2.25/kWh in Rajasthan With NTPC’s 190 MW Solar Auction

Rising Sun Energy has won in the latest NTPC auction for developing 190 MW solar power project(s) in the Nokh Solar Park in Rajasthan New Delhi-based independent power producer Rising Sun Energy has won with its bid in the latest NTPC auction for developing 190 MW solar power project(s) in the Nokh Solar Park in […]

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How India has Become the World’s Largest Clean Energy Auction Market: BNEF

BNEF has released a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market Bloomberg Philanthropies and BloombergNEF (BNEF) released “India’s Clean Power Revolution,” a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market – and a model […]

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