Free-market success will require accepting merchant risks and even ‘reverse subsidy’ logic of paying for grid access, say developers, investors and utilities gathered at Munich event.
ABSOLAR: Solar’s first-time access to new-generation auction marks moment of ‘justice’ and clears way for industry to enter six tenders all the way to 2021.
Japanese conglomerate invests in GridMarket, a company focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.
According to Asia Europe Clean Energy (Solar) Advisory Co (AECEA), analysis of China’s National Energy Administration (NEA) consultation paper, released April 10, China will have a subsidy-free solar market with clear policies and frameworks in place, beginning in 2021.
Competitive tenders, better investment conditions and removing market distortions would enable solar to meet its potential, says developer speaking anonymously.
Sprng Energy, an India-focused renewable energy arm of London-based investor Actis, has acquired a 194MW operational solar portfolio from Mumbai headquartered conglomerate Shapoorji Pallonji Infrastructure Capital (SP Infra) in order to grow its India PV portfolio.
Macquarie’s Green Investment Group (GIG) has acquired the PV and energy storage unit of Tradewind Energy, a subsidiary of Enel Green Power North America.
