India’s ongoing demonetization scheme, which has divided opinion globally, looks set to improve the finances of Indian distribution companies (Discoms) in what could be a boon to the solar sector, according to consultancy firm Mercom Capital Group.
More than 160 UK-based NGOs, public institutions and businesses – including major brands such as Sainsbury’s and IKEA – have come out in support of solar over proposed increases to rateable values.
US-based PV project developer Swinerton Renewable Energy’s O&M subsidiary, SOLV said it had added 1.25GW of PV assets to its operating fleet in 2016, taking PV asset management to 3.25GW.
Finland-based energy firm Fortum has invested €5.2 million in Exeger Sweden AB, dye-sensitized solar cell start-up to help support the launch of commercial products in 2017.
China-based PV project developer SPI Energy said it had finally received its first feed-in tariff (FiT) payments on a 10MW power plant that was grid connected in December, 2013.
An open fund for solar energy and energy storage in various emerging markets has been launched by Franck Constant, the co-founder of Sonnedix Group and director of Sithe Pacific, PV Tech can reveal.
Political changes over the last four years and the recent death of King Bhumibol has brought some inertia to the Thailand market, but industry members expect the market will return to strong growth in the second half of 2017.
