According to the statement, the rise in price was primarily due to increase in demand and low base. There was a sharp slump in electricity prices in April 2020, due to a stringent nationwide lockdown. The average spot power price rose by nearly 53 per cent to Rs 3.70 per unit in April at the […]
John Laing reels as solar performance issues, power price forecasts bite
Ongoing project performance issues and tumbling power price forecasts cost renewables infrastructure investor John Laing £95 million (US$124.61 million) in the first half of the year. Reporting its H1 2020 results, the UK-based company revealed its Australian assets were particularly hard hit, suffering £43 million of project performance losses. Its 255MW Sunraysia solar project was […]
