Rooftop PV is the fastest growing renewable energy sub-segment in India, with individual system sizes increasing and the C&I sector maturing, but a new report by Bloomberg New Energy Finance (BNEF) predicts that India will still only reach 9.5GW out of its 40GW target by 2022.
The case for solar remains strong in Southeast Asia since power demand is still growing rapidly in many of its markets, but traversing the unique regulations and policies of each country and knowing which PV segment is most suitable remains challenging. Here are some of PV Tech’s key takeaways from last week’s Solar and Off-Grid Renewables Southeast Asia (SORSEA) 2017 conference in Bangkok, Thailand.
Australia’s Northern Territory is targeting 50% renewables by 2030 and has released a Roadmap to Renewables report unveiled by chief minister Michael Gunner this week.
Renewable energy power purchase agreements (PPA) driven by solar are set to take a significant chunk of the market in Southeast Asia over the next few years, according to panellists at the Solar and Off-Grid Renewables Southeast Asia (SORSEA) conference in Bangkok.
Verv, an energy monitoring and AI company, has laid claim to launching the UK’s first energy trading community at a housing estate in Hackney, East London.
SPONSORED: To date, the electric vehicle and the PV energy markets have existed independently of each other. By combining EV charging with PV energy, both industries are able to benefit and can potentially hasten the adoption of each technology, writes Lior Handelsman.
For the most part, it will take some years for solar-plus-storage in the ASEAN region to become economically viable on a large scale, but panellists at the opening day of Solar and Off-Grid Renewables Southeast Asia event in Bangkok, have warned that investors who come on board quickest are going to gain a huge advantage.
France-based floating PV specialist Ciel & Terre is expecting to launch a floating solar equipment manufacturing facility in Thailand next March and is in the final stages of approving a Vietnam facility.
Melbourne-headquartered mining giant BHP, in partnership with the Rocky Mountain Institute (RMI), has projected 500MW of potential capacity combining solar, wind and energy storage at its old North American mining sites.
