Unsubsidised, commercial solar-plus-storage projects of the type being executed in Puerto Rico could demonstrate how to overcome many of the challenges imminent for the world’s PV markets, according to one company with experience in the field.
A hybrid off-grid project from renewables firm Energy Developments Limited’s (EDL) including 4MW wind, 1MW solar and a 1MW/250kWh battery system in South Australia has reached financial close.
Recharge A/S, an investment fund specialising in renewables, will take a 50.1% stake in a €24 million (US$26.7 million) micro grid on a remote Portuguese island that could prove the validity of such projects as an asset class.
Spanish parties representing a majority in parliament have signed an agreement to remove the controversial Royal Decree against self-consumption of solar energy within 100 days of a government being formed.
India is targeting an ambitious 40GW rooftop solar by 2022 even after a slow start in this sector. Anand Nagarajan, founder of Dexler Energy, discusses the potential for solar rooftop technology in India, consumer attitudes and the intricacies of an unsubsidised industrial and commercial sector.
One in three off-grid households worldwide will use solar products by 2020, according to a new report from the World Bank and Bloomberg New Energy Finance (BNEF).
Brazil’s solar energy sector will create between 60,000 and 90,000 new job opportunities up to 2018, according to the Brazilian Association of Photovoltaic Solar Energy (Absolar).
