France adds 601 MW of new PV systems in Q1
France reached 17.15 GW of cumulative installed PV capacity at the end of March.
Punjab tenders for purchase of 1.2 GW of solar power
The selected bidders will set up grid-connected solar projects anywhere in Punjab to supply the power.
US solar market expected to triple in size by 2028
The US solar industry had its best first quarter in history as supply chain challenges started to fade, according to the US Solar Market Insight Q2 2023 report.
Amp Energy India receives $250 million from SMBC, ICG, and AIIB
Indian developer Amp Energy has secured up to $250 million in growth capital from Japan’s Sumitomo Mitsui Banking Corp. (SMBC), UK’s Intermediate Capital Group (ICG), and China’s Asian Infrastructure Investment Bank (AIIB).
Dubai’s tender for 6th phase of giant solar park attracts lowest bid of $0.0162154/kWh
DEWA said it will announce the preferred bidder for the 1,800 MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park in the third quarter of this year.
Arctech to supply 662 MW of trackers for Indian solar plants
Arctech has signed tracker supply deals with Sterling & Wilson and Torrent Power for solar projects in Rajasthan and Gujarat, respectively.
IH2A submits plan for $5 billion national green hydrogen hubs by 2030
Industry body India Hydrogen Alliance has submitted a plan to the government to build five large national green hydrogen corporations with a collective enterprise value of $5 billion by 2030. The plan shows public finance support, in the form of CAPEX and offtake incentives for National Green H2 Hubs, is crucial for creating financially viable green hydrogen infrastructure, especially in the initial 2024-30 period.
ReNew trims net loss to $61 million in FY 2023
ReNew Energy Global posted a net loss of $61 million for FY 2022-23, compared to $196 million for FY 2021-22.
NTPC’s 20 MW Gandhar solar project now fully operational
The 20 MW Gandhar solar project in Gujarat is now fully operational, with its second portion of 10 MW commissioned recently.
Global solar additions to hit 310 GW in 2024, says IEA
The International Energy Agency (IEA) said in a new report that solar will remain the main source of global renewable capacity expansion in 2023, accounting for 286 GW. In 2024, the figure is set to grow to almost 310 GW, driven by lower module prices, greater uptake of distributed PV systems, and a policy push for large-scale deployment.
