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Financing key to scaling up SME rooftop solar in India — Deloitte

India’s Micro, Small and Medium Enterprises (MSME) sector is expected to make a significant contribution to the country’s rooftop PV target of 40 GW by 2022. However, a range of issues — including low public awareness, the scarcity of low-cost financing and the need for rooftop aggregation models — must be addressed before rooftop solar can be aggressively scaled up, according to a new report from Deloitte and the Climate Investment Funds (CIF).

Australian renewables investment to slump after 2020 on policy uncertainty — report

In a recent briefing on Australia’s renewables investment boom, BIS Oxford Economics estimates that solar and wind will attract AUD $20 billion ($14.2 billion) of private investment in fiscal 2018 and fiscal 2019, spread across more than 70 projects. But the consultants warn that investment will slow beyond 2020, pointing to the upcoming Australian federal election as critically important for the future of the country’s renewables pipeline.

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Will India’s RE push kill the critically endangered great Indian bustard?

Amid the hubbub surrounding India’s renewable energy ambitions, few people have likely heard the last wails of a critically endangered great Indian bustard as it chars to death on a power transmission line or fatally collides with a wind turbine.

OPG finishes 44 MW of solar in Ontario

Ontario Power Generation (OPG) has completed the Nanticoke solar project on schedule and according to budget. The array has been built at the former Nanticoke Generating Station site, on the shores of Lake Erie near the town of Port Dover.

Solargiga posts sharp net loss in 2018

Solargiga Energy Holdings has posted a net loss of CNY 222.4 million ($33.08 million) for 2018, a sharp reversal from the CNY 107.5 million net profit it recorded in the preceding 12-month period.

NDB to provide $180m to Eskom for grid development

The New Development Bank has agreed to offer a $180 million loan with sovereign guarantee to Eskom. The utility, which is based just outside of Johannesburg, plans to build new infrastructure to integrate 670 MW of unspecified renewables into the South African grid.

Philippines lowers FIT levy

The country’s energy regulator has decided to reduce the levy that finances the FIT program for renewable energy from P 0.2563/kWh to P 0.2226 ($0.004)/kWh. The lower levy is expected to go into effect next month.

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Australian government unveils $35.7m pot to power remote communities

Australia’s Coalition government has announced funding to support up to 50 off-grid and fringe-of-grid feasibility studies that will investigate whether building a microgrid is cost-effective and whether existing off-grid capabilities can be upgraded with more up-to-date technology.

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Japan’s METI cuts C&I FIT by 22%

It is official: METI has cut the feed-in tariff for Japan’s C&I solar segment by 22% to roughly $0.13/kWh.

EBRD spearheads effort to auction off renewables in Azerbaijan

The European Bank for Reconstruction and Development (EBRD) has issued an open call to hire a consulting firm to help the government of Azerbaijan to design and launch auctions for renewable energy.

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