Emerging market investor Sun Group has entered a joint venture partnership with Japanese financial services group Orix, to develop commercial and industrial (C&I) solar projects in India.
In a 33-0 vote, the Florida legislature has passed SB 90 – the bill that would implement Amendment 4 and make solar and renewable energy equipment on commercial buildings exempt from property taxes for 20 years, beginning in 2018.
Ecoligo is a Berlin-based crowdfunding start-up for solar projects in Africa’s commercial and industrial (C&I) market. Even though it is a company still very much in its infancy, it is already making waves by providing competitive alternatives to traditional bank loan products and connecting German private investors to tailored off-takers.
San Francisco-based SunFunder is a solar finance business with a mission to unlock capital for solar energy in emerging markets. It primarily aggregates investment capital through its beyond-the-grid and Solar Empowerment funds, thereby giving accredited investors the opportunity to invest in their on-grid and off-grid solar portfolio. Andrea Griffin, SunFunder’s vice president of global business development, stopped by PV Tech to discuss investment, currency risk and energy storage in West Africa.
Alongside finance and political considerations, customer education has been identified as a key driver of Africa’s emerging commercial and industrial (C&I) solar sector, according to market experts.
EDF Renewable Energy has created a new business unit, Distributed Electricity and Storage (DES), which will focus on distributed solar and storage projects up to 30MW.
China-based renewables firm Unisun Energy Group and consumer goods provider Unilever North Asia are partnering on a 13.4MW distributed generation solar PV project in China’s Anhui Province.
Commercial, industrial and residential solar provider SolarAfrica has installed what is claimed to be East Africa’s largest industrial solar system in Kenya.
The rooftop solar market in India has grown at a CAGR of 98% in the last four years. As of 30 September 2016, total installed capacity stands at 1,020MW. Bridge to India's Jyoti Gulia looks at both the causes and the path ahead.
