Aiming to make its local solar manufacturers competitive on the global stage, the Indian government has proposed direct financial support of INR110 billion (US$1.7 billion) and a 12GW allocation of public sector tenders mandated to include locally sourced PV equipment.
As part of an initiative by the Australian government, the Australian Renewable Energy Agency (ARENA) awarded a total of AU$29.2 million for 20 research projects to propel the development of PV technology.
Representatives of India’s two largest solar power off-takers, SECI and NTPC have said the central government’s plan to tender 17GW of solar PV before April next year is totally reliant on the willingness of states to buy power.
Israel-based waterless solar cleaning solutions provider Ecoppia has completed a US$13 million round of funding, led by Swarth Group, GlenRock, Gandyr, and a new investor, Israel's largest insurance group, Harel Group Insurance and Finance.
Nine of Europe’s industrial power giants and most prominent green bond issuers have clubbed together to put green bonds - mechanisms that are beginning to draw huge traction worldwide - at the heart of their financing strategies.
Chinese clean energy firm Linyang Energy has signed an MoU with Singapore-based solar developer Sunseap to work on distributed solar, floating solar, module supply and energy efficiency projects locally in Singapore.