India’s central government aims to introduce a US$1 billion private equity fund dedicated to the renewable energy sector, according to India’s energy minister Piyush Goyal.
Leading CIS thin-film producer Solar Frontier is building a 5MW power plant with TSK in Kuwait as part of a benchmarking project with c-Si technology for the Kuwait Institute for Scientific Research (KISR).
The Inter-American Development Bank (IDB) has approved US$450 million of financing to initiate an Energy Efficiency Green Bond Facility in the Latin America region.
India as a nation is set to contribute more than any other country to the rise in global energy demand over the next 25 years to meet rising incomes and population, however, its energy demand per capita will still be 40% lower than the global average, according to a report from the International Energy Agency (IEA).
Germany’s Fraunhofer ISE has made a modest, 70-panel installation of new crystalline PV cell and module technologies produced by the institute on the outside of one of its laboratories.
Sonnenbatterie, Germany’s market leader for residential energy storage, has launched an energy trading platform that the company believes in time could make it even bigger than today's existing utility companies, rebranding as Sonnen in the process.
The Latin America region saw 181MW of utility-scale solar PV come online in Q3 2015, down 50% from the historic 363MW of installations in Q2, but still helping the market's ability to strengthen growth and move towards maturity in 2016, according to GTM Research’s ‘Latin America Q3 Playbook’.