Corporate funding in the global solar sector was dampened by inflation and high interest rates during the first nine months of the year, according to research from Mercom Capital Group.
Module price increases, higher raw material costs and logistical challenges will pull down the return on equity (ROE) for 25GW of India solar projects, with 5GW of those at high risk given when they submitted their bids.
Europe’s community of solar developers, financiers and asset owners are braced for broader impacts and headwinds caused by the ongoing conflict in Ukraine, with inflation and spiraling commodity prices highlighted as of particular concern.
Projects can stay money-making for cost-savvy developers and investors but tariffs below INR 2.5/kWh (3.47 US dollar cents per kWh) are ‘unviable’, say IEEFA experts.
Thanks to “innovative business models” and the combination of PV with batteries, Japan’s “solar boom” is far from over, market expert Izumi Kaizuka of RTS PV has said.
Ali Imran Naqvi, Vice President of India-based advisory and engineering firm, Gensol Group, discusses the tight-rope walk that Indian solar developers are risking with their most recent low bids in the state of Gujarat.