28 Jun '17, 3am

#renewables

India takes the No. 1 spot on this trends list for its sheer volume of activity in the solar sector in 2016. The country is mobilizing to meet Prime Minister Narendra Modi’s plans to boost solar capacity in the country to 100 GW by 2022, if not sooner. This year, India issued its first call for solar power projects with energy storage and set out about $3 billion in state funding for developing the country’s solar panel manufacturing infrastructure. Meanwhile, the global investment community has begun backing activity in the country, with more than $100 billion in commitments that support solar development. As the foundation for large-scale solar in India continues its momentum in 2017, expect the path for adoption of distributed energy, off-grid systems and local storage options to become clearer. As well, India next year will demonstrate leadership in green finance as it...

Full article: http://www.renewableenergyworld.com/articles/2016/12/top-...

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