Tag: foreign investors

Indonesia must push for renewables pivot from coal backers Japan and China

On the surface, such competition between the regional powers may seem to have provided Indonesia with a golden opportunity to extract favourable terms to advance key projects. The theory, it would seem, is that this allows Indonesia to pit one side against the other, bringing about a competition that offers options such as generous financing terms and advanced engineering know-how, which would otherwise be unavailable under normal circumstances.

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India’s latest solar auction witnesses tariffs dropping to an all-time low of $0.027 per unit

Solar power tariffs dropped to a historic low in the state-run Solar Energy Corporation of India’s (SECI’s) latest auction for 1,070 MW of solar capacity to be set up in the Indian state of Rajasthan. The lowest tariff of Rs 2 per unit ($0.027 per unit) was quoted by Saudi Arabian firm Aljomaih Energy and Water Company and Singapore headquartered Sembcorp’s India arm’ Green Infra Wind Energy Ltd to win 200 MW and 400 MW of solar capacity respectively.

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