The India government and the US Government’s development finance institution, the Overseas Private Investment Corporation (OPIC), have launched a US$20 million finance initiative to fund renewable energy projects in India.
China has released its latest five-year plan for the solar industry with a focus on tackling curtailment, improving project quality and further reducing its feed-in tariff.
Phoenix Solar and Asunim Turkey bring the country's largest solar plant online, SECI opens a tender for small-scale rooftop solar, Brazil regulators investigate the value of distributed generation and I&M brings its fourth solar plant this year online.
The island plans to add 1.52GW over two years between mid-2016 and July 2018, which will help it to join Thailand in the top 10, according to EnergyTrend, a division of TrendForce.
The decreasing cost of distributed generation and storage technologies is changing the way value is created in the energy sector, according to a new report launched by SolarPower Europe in Brussels today.
While seeming “tech breakthroughs” garner a great deal of media attention, the three key factors in determining the likely impact of storage tech companies are innovative technology, scalability and a proven track record, a Bloomberg New Energy Finance analyst has said.
Brazilian public bank Banco do Nordeste (Northeast Bank) has expanded the financing options available from its Northeast Constitutional Financing Fund (FNE) to include solar PV projects, wind farms, small hydro and biomass sources utilization plants.