Australia’s Clean Energy Finance Corporation (CEFC), the government body aiming to mobilise capital investment in the country’s renewable energy sector, has introduced an AU$250 million (US$175 million) financing programme for the development of large-scale solar.
PV developer SunEdison has installed eight solar systems for India’s Delhi Metro Rail Corporation (DMRC), which is the biggest consumer of electricity in the state of Delhi.
Brazil must establish a “specific industrial policy” for domestic PV manufacturing so it can produce the 2GW of solar equipment necessary to operate 61 solar plants planned for 2017, according to the Brazilian Association of Photovoltaic Solar Energy (Absolar).
UK government proposals to cut its feed-in-tariff (FiT) rates for solar PV installations by as much as 87% have shocked the solar industry, which is already reeling from a recent wave of potentially damaging policy proposals, according the UK's Solar Trade Association (STA).
Brazil’s largest solar panel manufacturing facility will be inaugurated on Friday (28 August) by manufacturer Globo Brazil, providing a major boost towards financing domestic PV projects.
News in brief from the PV Tech Storage site: Australia gets its largest battery storage system to date, Tesla man persuaded to go back to Sonnenbatterie and Gildemeister installs PV-linked flow battery systems in Czech Republic.
India is expected to install 2.5GW of solar in 2015, significantly up from the previous forecast of 2GW, under the latest quarterly ‘India Solar Market Update’ from Mercom Capital Group.
