Yes Bank, India’s fifth largest private sector bank, has said it will mobilise US$1 billion of financing for solar projects in India up to 2023 and US$5 billion up to 2030, while at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi.
Sunseap signs 4MW commercial solar PPA with PSA in Singapore, Luxcara acquires 45MW solar project in southern Spain for institutional investors, Equis commissions 5MW of solar in Taiwan, Local firm completes 1.5MW PV project in iran.
Major oil company Shell and European utility ENGIE are among investors to have pumped US$20 million into Husk Power Systems, a developer of microgrids which is expanding its efforts in Asia and Africa.
Australian university signs deal to become 100% renewable, IBC Solar installs 4MW rooftop project in Turkey, EBRD supports France’s Urbasolar in Kazakhstan
Sri Lanka’s CEB tenders 10MW of solar in North Central Province, Minas Gerais looking at special financing for micro and mini-generation, Energy 4 Impact granted US$1 million for small-scale solar irrigation in Rwanda
A preliminary recommendation from India’s Directorate General of Safeguards Customs and Central Excise to impose a provisional 70% safeguard duty on solar cells imported from China and Malaysia has been branded as “ridiculous” and potentially catastrophic, by PV industry members involved in finance, project development and analysis.
