Korean policy analyst focusing on solar power plant siting and permitting, Daun Kim, has reported on her recent trip to India’s Bhadla Solar Park. The analyst highlights how clear siting policies and streamlined permitting helped India scale renewables, something that South Korea can learn as it pursues a 100 GW renewable energy target by 2030.
The PPA price for pure photovoltaic projects has fallen by 20% over the past year, making such contracts less competitive. However, clear structures for bankable hybrid PPAs are now beginning to take shape, says Pieter van der Meulen, Senior Account Manager at LevelTen Energy, in an interview with pv magazine.
The International Energy Agency (IEA) said global solar capacity additions are projected to average 540 GW a year through 2035, as outlined in its World Energy Outlook 2025 report.
With the latest additions, the company’s cumulative commissioned capacity crosses the 1 GW milestone.
Reliance Power arm, Reliance Nu Energies, has received the letter of award for the largest allocation in SJVN’s tender for 1,500 MW/6,000 MWh firm and dispatchable renewable energy. It secured 750 MW/3,000 MWh, representing 50% of the total tender allocation in the competitive bidding based online auction process.
ACME Solar Holdings (ACME Solar) has been awarded 450 MW capacity for assured peak supply of 1,800 MWh (450 MW × 4 hours) from renewable energy projects connected with the interstate transmission system. It secured the capacity in SJVN’s FDRE-IV tender by placing a winning tariff bid of INR 6.75/kWh for 25 years.
The Solar Energy Industries Association (SEIA) says more than half of all power capacity planned through 2030 is under threat from mounting political interference that could stall US renewable deployment.
Sembcorp will develop around 750 MW of renewable energy capacity, supported by battery energy storage systems, to ensure a firm and dispatchable supply of renewable power to SJVN.
ReNew Energy Global Plc has reported a total Income (or total revenue) of $898 million for H1 FY26, a 45.7% increase YoY. Net profit surged 83.3% YoY to $110 million, driven by the company’s expanding operational RE capacity and solar manufacturing capacities.
With over 50 GW of renewable capacity stranded nationwide as of June 2025, the message is clear: identifying and overcoming the challenges in India’s construction sector is no longer optional but essential to sustain the country’s solar growth.
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