Malaysia's PETRONAS Decides to Invest in a Rooftop Solar Startup

Malaysia’s PETRONAS Decides to Invest in a Rooftop Solar Startup

PETRONAS, Malaysia's state-owned gas and oil company, signed an agreement to invest in SOLS Energy Sdn Bhd, a solar energy startup. The investment will help provide renewable energy to residential ...
/ / Finance and M&A, Solar
Technology and Financing Could Unlock Underserved SMEs in Rooftop Solar_ Interview

Technology and Financing Could Unlock Underserved SMEs in Rooftop Solar: Interview

After five consecutive years of growth, the rooftop solar market in India had a rough year in 2019 with installations totaling 1.1 GW, which was a 33% decline year-over-year. Now ...
IFC Announces $212.5 Million Loan to Vietnam Bank to Boost Lending for Renewables

IFC Announces $212.5 Million Loan to Vietnam Bank to Boost Lending for Renewables

The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it would provide a loan to the Vietnam Prosperity Joint Stock Commercial Bank (VP Bank) ...
Can Solar Kits Propel the Growth of Residential Rooftop Market in India?

India’s Rooftop Solar Market – Where is it Now and Where is it Going?

India’s rooftop solar installations have been growing at a healthy pace so far but could slow down  in the short-term, following the imposition of the safeguard duty earlier this year ...
/ / Mercom Research Focus, Other
No Safeguard Duty on Solar Imports for Now, Says Ministry of Finance

Parliamentary Report Says Solar Jobs Have Been Lost Due to Poor Enforcement of DGAD Findings

A parliamentary standing committee report has alleged that thousands of jobs may have been lost due to dumping of solar panels. The report does not cite a credible source or ...
/ / Markets & Policy, Solar
Higher Power Tariffs, Not Policy Support, Driving India’s Rooftop Market

Higher Power Tariffs, Not Policy Support, Driving India’s Rooftop Market

The total combined capacity of rooftop solar installed in India has crossed 1.3 GW to date. As of the third quarter of 2017, rooftop solar projects totaling 1.3 GW had ...
/ / Markets & Policy, Solar