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.
Laser micromachining specialist 3D-Micromac said it was supplying Hanwha Q CELLS solar cell plant in Qidong, Jiangsu-province, China with its microCELL OTF laser system for its recently announced transition from Al-BSF (Aluminium Back Surface Field) to PERC (Passivated Emitter Rear Cell) technology.
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.
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.
Applications made to the government of New South Wales in Australia for two solar farms totalling 285MW of capacity are open to comment from stakeholders and members of the public.
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.
