Soft Bank, Total-EDF Subsidiaries Score 900 Megawatts Of Solar In India

Soft Bank, Total-EDF Subsidiaries Score 900 Megawatts Of Solar In India

The largest winner in the auction was SB Energy, a subsidiary of Softbank.

The company secured 600 megawatts of capacity at ₹2.50/kWh (US¢3.39/kWh).

This is SB Energy’s largest-ever win in an Indian solar power auction.

AMP Energy,

a new entrant to large-scale solar power auctions, managed to grab 100 megawatts while the experienced EDEN Renewables secured 300 megawatts.

Both the companies matched the lowest bid of ₹2.50/kWh (US¢3.39/kWh).

ReNew Power,

one of India’s largest renewable energy companies,

secured rights to develop 200 megawatts of the 600 megawatts of capacity it had bid for. The company bid at ₹2.51/kWh (US¢3.40/kWh).

CleanTechnica

https://cleantechnica.com/2020/03/06/soft-bank-total-edf-subsidiaries-score-900-megawatts-of-solar-in-india/