View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Uncategorised
July 1, 2020

Coronavirus company news summary – Seychelles floating solar array delayed – Indian solar auction attracts record low bids

By Matt Farmer

1 July

GE Gas Power has concluded operations & maintenance work on generators at Iraq’s Besmaya Power Plant. There, work was carried out on four 9F.03 gas turbines, two steam turbines and six generators. The company claimed the service will minimise the risk of inadvertent downtime at the site, meaning it can supply up to 3GW of power to the national grid.

The construction of a floating solar photovoltaic power facility in the Seychelles has been deferred because of the challenges posed by the Covid-19 health crisis. The Seychelles News Agency has reported that the 5MW project will be the world’s biggest seawater-floating solar system. An offtake deal for the 5.8GWh of electricity produced per year will finalise in the next few months.

The latest auction conducted by state-run Solar Energy Corporation of India attracted a record-low price bid of $0.032/kWh (Rs2.36/kWh). This bid was made by Spain’s Solarpack Corporación Tecnológica. Six foreign firms won most of the 2GW of projects on offer.

Siemens Gamesa has announced plans to shut down its factory in Aoiz, Spain to improve its long-term competitiveness as a result of the disruption caused by the Covid-19 pandemic. The plant specialises in small turbine models often used domestically and the closure will impact a total of 239 people employees.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy


Thank you for subscribing to Power Technology