India

Enters into agreement with China Development Bank and PetroChina.

Japan intends to provide nuclear energy for India.

May issue notes denominated in US$ to fund 2012 repayment.

Will do so despite not having Free Trade Agreement (FTA) with India.

Sri Lanka, however, concerned with project cost.

Power produced will be sold to Turkey.

Construction could start in two or three years.

Failure led to 25% loss in electricity from renewable energy sources in 2012.

Calls it a win–win solution for both countries.

Says opening controversial nuclear power plant is in the national interest.

US$1.7 billion deal to ease a Bangladesh’s huge electricity shortage.

Residents will pay 1.5% more for three months beginning May.

Invests US$30 million in NSL Renewable Power Private Ltd.

Contract value is US$131 million.

Commissions 21MW wind project in Rajasthan.

Post 2010, a demand slump following the abolition of feed-in-tariff policies in Italy & Germany caused a supply glut in global markets leading to a fire-sale of solar modules. This, indeed, was the underlying cause for the succession of anti-dumping cases in the US & EU (and now India). Causing a 30-40% drop in solar PV system prices (an all-time low), this, perhaps, accelerated deployment, if anything, in India. The solar market boom had begun.