
Auctioning 2,310GWh per year to supply energy needs for a period of 15 years from 2026, the tender closed with average prices of US$23.78/MWh, 27% lower than the country’s auction in 2017.

“We currently see prices at around $60/kWh (cell price + shipping + currrent tariff); in 2026 the increase seen will come from the increase in tariff to 25%,” Iola Hughes, head of research at Rho Motion tells pv magazine ESS News. The tariff hike will take effect in January 2026.

The lowest bid came in at 4.99 NPR ($0.037) and the highest reached 5.55 NPR. Power generated from the plants will be sold to NEA for 25 years, with the successful bidder responsible for supplying the power via a power purchase agreement.

“We currently see prices at around $60/kWh (cell price + shipping + currrent tariff); in 2026 the increase seen will come from the increase in tariff to 25%,” Iola Hughes, head of research at Rho Motion tells pv magazine ESS News. The tariff hike will take effect in January 2026.

The latest reverse auction has resulted in a record low tariff of Rs 3.32 per unit for a “Solar + 4-hour ESS”. This tariff was achieved in a tender by SJVN Ltd for a project that includes 1200 MW of solar power combined with 600 MW/2400 MWh of energy storage.

Released quarterly, the ESS PFR offers a comprehensive four-year cost and pricing outlook for Lithium Iron Phosphate (LFP) and Nickel Manganese Cobalt (NMC) battery containerized systems.

The 2026/27 BRA delivered historic capacity prices, reaching the FERC-approved price cap. The RTO-wide clearing price of $329.17/MW-day represents a 22% increase from last year’s BRA for 2025/26, which itself was an 833% increase from 2024/25.

From traditional loans to PPAs & leasing models, you’ll explore the full landscape of funding options available to C&I developers in Zambia. The pros & cons of each model, aligning finance with project goals & structuring deals that minimise risk while delivering real returns.

Bolivia has embarked on a transformative $325 million solar electrification project aimed at bringing renewable energy to its rural communities.

The South Korean government plans to grow the renewable energy sector in the country. The country plans to use 20 percent renewable energy by 2030. The new plan will include a goal of 35 percent renewable energy by 2040. In the past, coal and nuclear power have been the pillars of South Korea's development.. . The country's national Renewable Portfolio Standard (RPS) previously required a gradual increase of the renewable share of from 2% in 2012 to 10% in 2023. The 9th Basic Plan for Long-term Electricity Supply. . In 2020, South Korea declared that it would seek to achieve carbon neutrality by 2050. In April 2021, the country pledged to end all new financing for coal-fired power plants abroad. . • • • • •

The 50 MW (CPV) power plant was constructed in , in Western Cape, South Africa in December 2014. A 75 MW solar power plant started production on September 13, 2013 in Kalkbult, in the (implemented by Scatec). Two other PV plants were completed by the same company in 2014. These are located a.