The International Finance Corporation (IFC) has made an equity investment of US$15 million into Indian rooftop solar specialist CleanMax Solar, the financier’s first foray into grid-connected distributed generation.
The Saubhagya scheme to bring electricity to every household in India was launched in the state of Manipur by the Minister for Power and New & Renewable Energy.
GTM Research’s latest ‘Global Solar Demand Monitor’ report has highlighted that 13 countries by the end of 2018 would exceed the 1-gigawatt level of annual PV installations, up from eight in 2017.
Bitcoin and other cryptocurrencies can overcome Africa’s relative lack of financial infrastructure and unlock its solar potential, according to the CEO and founder of The Sun Exchange.
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.
Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), a subsidiary of state utility PLN, and the UAE's Masdar have signed an agreement to develop the world’s largest floating solar project with a capacity of 200MW in Indonesia.
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.
