India’s green bond market took off this year becoming the seventh largest labelled green bond issuer with US$2.7 billion issued as of 12 October, according to the Climate Bonds Initiative (CBI).
Independent renewable energy project developer Invenergy has announced Long Island’s largest renewable energy project to date. The Clean Energy Link, as it is known, is comprised of four wind and two solar farms with a combined capacity exceeding 700MW.
Solar PV has a strong role to play in the Philippines where energy demand continues to grow and the power mix remains expensive. While significant utility-scale solar deployments peaked ahead of a deadline to qualify for the Feed-in-Tariff in March this year, a new subsidy quota is on the horizon. PV Tech caught up with Pete Maniego, senior policy adviser of the Institute for Climate & Sustainable Cities and of Counsel of Dime & Eviota Law, to gather his insights on solar subsidies and how PV can compete with fossil fuels in the Southeast Asian country.
The distribution companies (Discoms) of Rajasthan, which were the highest loss-making in all of India, could be the first to turn around a profit in 2017, according Piyush Goyal, minister of power, coal, new and renewable energy and mines.
The losses of Indian distribution companies (Discoms) that have joined the government’s major rescue package Ujwal Discom Assurance Yojna (UDAY) could more than halve from their current level by FY2019, according to new research from global analysis firm CRISIL.
