POWER UTILITY | Staff Reporter, Singapore

Renewable energy auctions in Asia Pacific rise five-fold in H1

32 auctions were made in the period.

Asia-Pacific renewable energy auctions in H1 2019 totalled 32, marking a huge rise compared with one auction in H1 2018, according to analytics firm GlobalData. The H1 total for renewable energy auctions was up 540% year on year compared with the total of five auctions in H2 2018.

India held the top position with 21 auctions and a share of 65.6% during H1 2019, followed by Kazakhstan with eight auctions and a share of 25% and Uzbekistan with two auctions and a share of 6.3%. In fourth place was Malaysia with one auction and a share of 3.1%.

Solar accounted for the largest proportion with 23 auctions and a 71.9% share, followed by wind with five auctions and a 15.6% share and hydro with three auctions and a 9.4% share.

Renewable energy auctions in H1 2019: Top companies by auctioned capacity

  1. Solar Energy Corporation of India (India): 12,969.5MW from eleven auctions
  2. NTPC (India): 2,015MW from three auctions
  3. Maharashtra State Electricity Distribution (India): 1,500MW from two auctions.

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