Markets & Finance

India’s Ministry of New and Renewable Energy (MNRE) has finally received funds to pay a 30% subsidy promised to rooftop solar installations.

Dubai Electricity and Water has shortlisted developers for the tender for the 100MW second phase of Mohammed Bin Rashid Al Maktoum Solar Park.

Shunfeng Photovoltaic International has secured a RMB20 billion (US$3.25 billion) line of credit.

The UK is now the world’s fifth largest utility-scale solar market, according to figures published by Wiki-Solar.

Australian based renewable energy developer, CBD Energy, has bought a 30% stake of the Environmental Engineering Group (EEG) Thailand.

Analysts are split on Jigar Shah’s prediction that the US will install more solar power capacity than anyone else in 2016.

According to a new report from GTM Research, the US is expected to add 180MW of solar carports in 2014, setting the stage for another record year for the growing market.

Canadian solar has beaten guidance in its Q2 2014 results with yield cos driving up demand, and prices, for projects.

The US will be the largest solar market in the world in 2016, according to industry stalwart Jigar Shah.

Brazil’s national development bank, BNDES, has released details of the new local content requirements solar projects must fulfil to access finance.