India has become the third-largest country by installed renewable energy capacity, reaching 274.68, with over 150GW of solar PV capacity, according to statistics from the Ministry of New and Renewable Energy (MNRE).
Italy is the most attractive European country for solar development, according to the chief of staff of German independent power producer (IPP), Encavis.
kWh Analytics subsidiary, Solar Energy Insurance Services, has launched a data-sharing initiative that rewards renewable energy assets for efforts in extreme weather mitigation.
Sangam Solar One, a subsidiary of Indian solar PV manufacturer Waaree Energies, has commissioned a 3GW PV module manufacturing facility in Samakhiali, Kutch, Gujarat.
According to Ember, solar-plus-storage could supply up to 90% of India’s electricity demand at a levelised cost of electricity (LCOE) of INR5.06/kWh (US$56/MWh).