Indian developer Mytrah energy has received a direct loan facility of up to US$175 million from the Asian Development Bank (ADB) to help fund the development of solar and wind projects in Mytrah’s pipeline.
The Indian state of Gujarat has introduced a subsidy for residential grid-connected rooftop solar systems on top of any benefits provided by India’s Central government.
Former integrated PV manufacturer LDK Solar has entered liquidation proceedings in the Cayman Islands, while its mainland China assets undergo restructuring.
India could file trade cases against the US over violation of World Trade Organisation (WTO) norms related to the protection of solar panel producers in various US states, says energy minister.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements for March, 2016 has revealed over 7.3GW of planned future expansions of solar cell and module production.
Google is providing a seed grant to the Centre of Resource Solutions (CRS) to establish a coalition of stakeholders, which will support expansion of renewable energy market infrastructure throughout Asia, starting in Taiwan.
Sharp Corporation’s energy solutions business, which includes its activities in solar, will continue to operate as a brand in its own right, following the sale of a majority share in the group by Foxconn.
Solar capacity grew by 47GW (26%) during 2015 as a result of module prices dropping as much as 80% over the same period, according to the latest data from the International Renewable Energy Agency (IRENA).
The World Bank Group unveiled an ambitious new plan to aid developing countries fulfil their COP21 pledges by adding 30GW of renewable energy – doubling its current contributions to global energy capacity.
