US EditionSolar tenders plunge 53% YoY in Q1 2025, auctions drop 39%
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Solar tenders plunge 53% YoY in Q1 2025, auctions drop 39%
The government released around 14.4 GW of solar tenders in Q1 2025, a 53.1% drop compared to 30.7 GW in Q1 2024, reported Mercom. The Centre set an annual bidding target of 50 GW for renewable projects, with a minimum allocation of 10 GW for wind power. The four implementing agencies, NTPC, NHPC, SECI, and SJVN, together issued tenders amounting to 77% of the 50 GW annual target for FY25, the energy news portal noted. They were responsible for 4…
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