Global governments could divert massive amounts of public funds from cancelled, large-scale power generation projects, such as nuclear, towards solar and other renewables to deliver consumers more value for money.
Pretty much everything that could go wrong for Indian solar in 2018, did go wrong, but 2019 will be brighter, according to the 'India Solar Compass Q4 2018' report from Bridge to India.
Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has annulled a 1GW solar auction that it held earlier this month and retendered just 500MW of PV capacity.
The Subic Bay Metropolitan Authority (SBMA) has aborted a proposed 200MW solar project and industrial area development at the Redondo Peninsula, due to the developer’s apparent lack of both funding and experience.