Sungrow is backing a long-term strategy for the Indian solar market, targeting growth in the rooftop segment while lining up more deals with independent power producers in the country.
Discom finance woes could raise C&I grid tariffs boosting business case for installing solar but contract reneging a concern for wider PV industry, SunSource exec tells PV Tech.
Significant deployment uptick expected for the next two years even as sector faces land acquisition and network challenges, says Bridge to India report.
Sale plans by financial owner follows years of meteoric growth of firm owning 500MW PV portfolio for businesses in India, Middle East and South East Asia.
Cache Logistics Trust has contracted Sembcorp Industries to install and operate rooftop solar systems at three logistics warehouses in Singapore owned by Cache.
Starting with a 250MW first phase factory by July next year, the director of Pakistan-based conglomerate ACT Group has said it should be able to sell PV modules to the customer's doorstep at equal to or cheaper than Chinese import prices.
A new zero upfront cost solution for rooftop solar PV for commercial and Industrial (C&I) customers has been launched by the renewables arm of Malaysian power giant Tenaga Nasional (TNB) and a similar solution for the residential segment will be available by year-end.
Singapore-headquartered C&I rooftop PV specialist Cleantech Solar has received a US$50 million equity investment from climate-focused investment manager Climate Fund Managers (CFM) to support its growth from 200MW to 450MW solar capacity in Asia.
