Power demand to boost the ESS market in Europe| 6Wresearch
Gaining popularity of solar plus storage systems in the residential sector along with integration of renewable energy sources in grid are the key factors that would drive the energy storage systems (ESS) market in Europe. However, lack of common regulatory policies across Europe is a major hurdle for the market as it is creating uncertainties among companies and investors.
India has a very promising solar resource, with tropical and sub-tropical regions. The DNI map of India depicts that several states in India are suitable for solar thermal projects.
Lack of accurate DNI data and forecasting techniques are roadblocks
With India eyeing such ambitious targets to magnify its solar capacity to 100 GW by FY 2022, the growth in the sector has been promising, but requires more impetus. On the policy front, although all the states have come up with dedicated solar policies with well-defined targets, there is barely any focus on CSP.
GCC solar equipment market to reach $8,852.5 mn by 2022 - 6Wresearch
Growing energy requirements, infrastructure development, decrease in global oil prices along with the increased focus on renewable sources especially solar energy are some of the key factors that would spur the demand for solar equipment in GCC region.
Renewables 2016 | Global Status Report
The world now adds more renewable power capacity annually than it adds (net) capacity from all fossil fuels combined. Wind and solar PV had record additions for the second consecutive year, while hydro power represented most of the remainder.
SOLAR GETS $1.7 BILLION Funding IN Q2
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the solar sector in the second quarter (Q2) of 2016.
Will CSP weather the PV storm?
The Ministry of New and Renewable Energy´s (MNRE) ambitious programme-Concentrated Solar Power (CSP)-has seen no major participation from private players and has been marred by lack of implementation in a correct way.
Rajasthan, Reliance Power sign MoU for 6,000 MW solar projects
Reliance Power and the Rajasthan government have signed a Memorandum of Understanding (MoU), to develop 6,000 MW of solar power projects in the State in the next ten years. The MoU has been signed in the presence of Chief Minister Vasundhara Raje and Reliance Power Chairman Anil Dhirubhai Ambani.
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