Energy investors 'underwhelmed' by United Kingdom renewables market

Energy investors 'underwhelmed' by United Kingdom renewables market

Tata Power Solar, which is rated tier-1 module manufacturer by Bloomberg New Energy Fund, has shipped 1 GW modules to over 30 countries. The Chinese are financing the project with Kenya's positioning as a strategic clean energy source in mind, as the plant is expected to facilitate massive technology and skill-exchange between countries in the region, and internationally. More than 10Gw solar energy is added from 2015 to 2017. India has established itself as a very attractive market for solar energy, which has attracted numerous developers to the country.

"While the need for managing intermittency of renewable energy is often highlighted, flexibility in our generation resources is desirable".

The Clean Energy Council made the announcement this week at the inaugural Large-scale Solar Industry Forum in Brisbane.

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No doubt solar power will help reduce carbon emissions in India so this will be of benefit to those people living in that vast, heavily populated country. In spite of this solar makes up nearly 10 percent of the country's energy mix and is set to double in the next decade; Eurostat has even suggested that Italy could exceed its 2020 target.

Part of the projects are 12 photovoltaic power stations that will generate 200 megawatts of electricity, and plants will also be built in the Aqaba Special Economic Zone and in Hosha, Mafraq Governorate, generating 10MW and 20MW, respectively.

Tata Power Solar, with 27 years of deep domain expertise, is one of the pioneering solar manufacturers in the world and India's largest specialised EPC player. The government had also vowed to increase the installed capacity to 40% by the year 2030. The country has focused heavily on solar energy due to the ample sunlight many Indian states receive year-round.

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Southern Power owns one of the largest utility-scale solar portfolios in the state, now operating three large-scale projects.

With long established technology and manufacturing sectors, Japan was a natural early adopter of solar generation and continues to innovate in the sector, aiming for solar to meet 10 percent of the country's energy demands by 2050. "With China and India now leading the way in terms of investment attractiveness, the United Kingdom needs to give clarity and leadership to the future jobs and investment clean tech will bring, or risk being left behind and stuck with more expensive and higher carbon energy". The proposed solar farm, with around 210,000 solar panels in place, is by far be the biggest in East and Central Africa, constructed through a concessional loan from the China's Export/Import Bank (Exim Bank).

"The project recipients will use the bill savings where it matters most, directly benefitting our low-income customers", said Jesse Murray, director of renewable energy programs at NV Energy.

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