Indian rooftop PV specialist CleanMax Solar has secured equity financing of up to US$100 million from an affiliate of global private equity firm Warburg Pincus, in order to continue growth in the rooftop and open access solar power markets in India, as well as the Middle East and Southeast Asia.
Solar energy Corporation of India (SECI) has issued a tender for an 8MW grid-connected rooftop solar project at Banaras Hindu University (BHU), Varanasi, in the state of Uttar Pradesh.
ReneSola has been awarded 5MW of agricultural PV projects in Thailand, Vonovia and E.ON are to install 2.2MW of solar systems in Dresden, Redavia has opened a Ghana office.
UPDATED: The Goa Energy Development Agency (GEDA) has invited comments on its ‘Solar Policy-2017’, attempting to move away from the state's reliance on thermal power from other parts of India.
India’s Goods and Services Tax (GST) Bill was enforced on 1 July bringing in a 5% tax on solar PV modules, but there is still uncertainty around taxes on other solar equipment, according to consultancy firm Bridge to India.
Sharp Corporation, through its Thailand subsidiary company Sharp Solar Solution Asia, has signed off on an agreement to develop rooftop PV projects for Big C, one of Thailand’s largest hypermarket retailers, through Impact Solar.
India’s 175GW by 2022 renewable energy target could create up to 330,000 jobs in the next five years, predominantly in the rooftop PV sector, according to a report from India's CEEW and NRDC.
