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Asia

Public sector investment crowding out private investors

Since 2014, around 29 GW of utility scale solar tenders have been issued in India. Most of this capacity (81%, 23.5 GW) has been tendered by NTPC, SECI, DISCOMs and other public sector entities for project development by the private sector. But there is also a sizeable 19% (5.5 GW) tendered in the form of […]

Energy storage shines bright in India

IESA and IEEMA have together organized a masterclass to develop advanced energy storage manufacturing in India. The event has also witnessed increased government support for the sector as energy storage opportunities in India are expected to attract investment of more than $3 billion in the next three years.

Potential for PV to snap significant share of $40 billion distributed energy industry in frontier markets – BNEF

There is potential for solar PV and storage to snap a significant share of the distributed energy industry in frontier markets, says BNEF. Both telecoms and agriculture present interesting opportunities; SE Asia is an emerging micro grid hotspot; pay-as-you-go solar is seeing strong growth; and China is recording substantial business.

India solar installs hit 2.2GW in Q3

Record growth continues as India installed 2,247 MW of solar projects in Q3 2017, up 15% from Q2 2017. The total installation at the end of 2017 is expected to range from 9.5 GW to 10 GW. The 7 GW solar installation in first nine months covered more than one-third of total new power capacity addition in 2017.

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Global emerging markets become opportunities for Indian renewable firms to evade risks

Renewable developers, mainly solar firms, are now looking abroad, especially in Southeast Asia, the Middle East and Africa to diversify their assets and business portfolio, finds report.

Sunsure Energy look at $30.8 million revenue in FY2018

The New Delhi based solar developer is marking its second consecutive year of growth. Sunsure Energy founded in 2014, until now, has commissioned 6+ MW and is executing 25+ MW solar installation across India.

India-World Bank signs $100 million loan agreement for Solar Parks

India signs loan agreement with the World Bank for $100 million for large-scale solar power projects named as “Shared Infrastructure for Solar Parks Project”.

Climate Policy Initiative presents financial solutions for rooftop solar in India

CPI has summarized the present rooftop sector of India, its economics, and the financial facilities to the industry from government and banks. The analyst and advisory firm has presented the solutions for the current financial obstacles to the growth of rooftop solar. The team has advised two Indo-U.S. collaborative initiatives, USICEF and USICFP, with which these solutions can be implemented.

ISRO presents the SPACE usage for solar technology

Indian Space Research and Observatory (ISRO) presented the usage of space technology for solar energy. The space center has included solar radiation data on the existing observation system VEDAS (Visualization of Earth Observation Data and Archival system). ISRO also presented the rooftop potential for smart cities, a government initiative to develop sustainable cities with world-class facilities.

Interview: Ujaas Energy JMD talks on Indian solar sector

Vikalp Mundra, Joint MD and promoter of Ujaas Energy Ltd, speaks to pv magazine about the solar manufacturing and quality importance for India. The company has installed more than 200 MW of solar at utility-scale, rooftop, and residential. He also defended the Renewable Energy Certificate, but explained its drawbacks.

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