Wood Mackenzie expects Indian solar installations to drop 42% this year
The global newly installed PV capacity for this year would be around 115 GW–5% more than that of 2019 despite the Covid-19 crisis. India will add just 4.9 GW due to strong Covid measures taken.
India added 883 MW of rooftop solar in nine months despite Covid-19
With 380 MW of generation capacity, Gujarat accounted for 43% of new rooftop solar installations during the January-to-September period.
Rockefeller Foundation commits US$1 billion to catalyze a green recovery from pandemic
The new billion-dollar investment is aimed at scaling distributed renewable energy across developing countries in Africa, Asia and Latin America.
Corporate funding for battery storage up 75%
Analysts at Mercom Capital Group have tallied up corporate funding, venture capital and debt and public market investment for battery storage, smart grids and energy efficiency companies. From a financial perspective, the industry appears resilient to the Covid-19 crisis and ready to grow further.
Fall in off-grid solar sales deprives 5m people of access to clean power
The latest edition of the Global Off-grid Solar Market Report by the World Bank and GOGLA has called for regulatory and financial support to help off-grid distributors create jobs lost to the Covid-19 pandemic.
Mitigating supply chain risks
Rajendra Khandalkar, group head of supply chain management at infrastructure EPC services company Sterling and Wilson, speaks to pv magazine about learning from the Covid-19 crisis and the importance of smart supplier management to bolster company resilience.
Solar development amid changing landscape
Ranjit Gupta, CEO, Azure Power, speaks to pv magazine about solar development in India against the backdrop of Covid pandemic and government’s push for self-reliant India, and the progress of their manufacturing-linked project.
India aims to become a hub for cutting-edge solar manufacturing
With a huge market and relevant manufacturing advantages, the country aspires to become a giga-scale manufacturing destination for the breakthrough PV technologies across the value chain.
IRENA presents $2tn plan to drive 5.5m renewables jobs by 2023
Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.
Auctions show Indian renewables still primed for growth
A report by the Institute for Energy Economics and Financial Analysis says there is plenty of investment capital available for Indian renewables despite pandemic disruption.
