17 Apr '18, 4pm

India A Step Closer To First Offshore Wind Energy Auction

Since India introduced competitive auctions in the wind energy sector last year, nearly 7.5 gigawatts of capacity has been allocated to project developers. Minimum tariff bids in these auctions have collapsed by nearly 30% in a matter of just 12 months. Offshore wind energy auctions are expected to be highly competitive as well, even though the capital cost of at least the initial projects is expected to be high.

Full article: https://cleantechnica.com/2018/04/17/india-a-step-closer-...

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