Tapping into the high potential for the implementation of microgrid projects for reliable electricity supply to rural areas, the Indian utility is piloting two such installations in the state of Bihar.
As emerging economies in the ASEAN region search for new ways to access power amid growing demand, the Asian Development Bank (ADB) is looking to encourage development of renewable energy projects. This time, it has spent more than $50 million on shares of Thailand’s B. Grimm Power Public Company, which is looking to diversify its energy generation portfolio.
In order to meet its 10.5 % renewable purchase obligation by FY 2021-22, the government of the Indian state of Mizoram has adopted a solar power policy that envisages deployment of 80 MW of solar projects in 2017.
The solar PV giant announced the commercial operation of four solar PV power plants in Japan in the first half of 2017
As demand is becoming geographically diversified, with strong growth of emerging markets set to make up for slowing demand in East Asia, GTM Research is now tracking 17.4 GW of confirmed solar tenders between Q2 and the end of 2019 across the globe, 9.6 GW of which is expected to be awarded in Q3 2017.
After its 1.5 GW tender stirred unprecedented interest among developers attracting technical bids of 3.7 GW, the Tamil Nadu utility is now set to sign PPAs at the rate of INR 3.47 (~$0.054)/kWh for a period of 25 years.
The floating solar PV project will be located at Mudasarlova reservoir in the Indian state of Andhra Pradesh.
Although originally opened for two months between February and April, InnoEnergy’s Investment Round for the year 2017 is now accessible all year round to support innovative solutions that may reshape the future of the energy industry.
The 10-year green bond paying a hefty annual yield of 3.965% stirred up strong interest of investors on the London Stock Exchange.