2015 was a landmark year for the Indian solar industry, with the 100GW by 2022 target approved and a significant ramp up of deployment. Bridge to India's Jyoti Gulia discusses the challenges ahead regarding project delays, transmission infrastructure and financing.
Dutch specialist sun simulator equipment provider Eternal Sun has purchased the PV volume production equipment sun simulator business unit of struggling US-based Spire Corp for US$1.5 million.
Developers in Japan with large-scale PV projects in the pipeline have been given just over a year to prove their projects will go ahead, or will lose their feed-in tariff (FiT).
Troubled renewables firm SunEdison has continued to come under pressure from hostile investors to change some of its business strategies, remove certain executives and force a sale of the business, as well as further class action law suits being filed against the company.
France has pledged a €300 million contribution to the International Solar Alliance, the climate change-driven initiative to promote solar, backed by more than 120 countries.
Two Spanish parties have presented non-legislative proposals to repeal some of the most harming aspects of the Royal Decree against self-consumption of solar energy in Spain.
India’s government has approved significant amendments to the nation’s power ‘Tariff Policy’, including increasing the Renewable Purchase Obligation (RPO) to 8% for solar energy by March 2022.
India’s fifth largest private sector bank YES Bank plans to list a Green Bond of up to US$500 million on The London Stock Exchange by December this year.
