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The solar-powered islands of Diu and T’au have set an example for other such land masses to meet their power requirements through green energy.  

The International Solar Alliance said that securing financing for renewable energy projects in Pacific Island Countries (PIC) may be complex due to the need for stand-alone solar energy systems and mini-grids, which to be viable for larger investments would require aggregation at a sectoral or programmatic level to become feasible. In its monthly column for pv magazine, the organization describes the types of finance required to scale technologies.

Italy’s Barrel claims that solar kits packed in barrels are ideal for remote areas and conflict zones. Its standard packages consist of 6 kW solar modules, 5.6 kW single-phase hybrid inverters, and 3.55 kWh lithium batteries.

The International Financial Services Centres Authority (IFSCA) and Climate Policy Initiative – India (CPI) have signed a Memorandum of Understanding to support the mobilization of sustainable finance in India.

Africa50 and International Solar Alliance (ISA) will leverage each other’s networks to mobilize funding and raise awareness of African solar projects in European and Indian markets.

Solar-powered water pumps with a total capacity of 186 kWp have been installed in the Sarlahi and Siraha districts, benefitting 11,865 residents. The projects are a collaborative effort of Nepal’s Alternative Energy Promotion Centre (AEPC), the Government of Japan, and the United Nations Development Programme (UNDP). 

In a meeting with the French delegation, India’s power minister emphasized the role of insurance for renewable energy projects, payment security mechanism, and debt financing in attracting investment into renewable energy.

IRENA’s report Renewable Capacity Statistics 2023 shows that in 2022, Asia accounted for nearly 60 percent of the worldwide increase in renewable energy generating capacity, resulting in a total of 1.63 Terawatt (TW) of renewable capacity by year end. A huge part of this increase occurred in China.

A research group in Ghana has conducted a series of tests to assess the performance of polycrystalline solar modules in PV systems operating in their home country for at least 5 years. They found that the vast majority of the panels may ‘fail’ before 20 years in operation under outdoor conditions.

Bangladesh has introduced tax exemptions to reduce water production costs and promote the use of solar power in 19 coastal districts. This initiative comes in response to grid electricity shortages caused by a decline in coal and fuel imports. The goal is to enhance reliance on solar-powered water desalination in these areas.