US, China dominate solar investment
China and the USA have been consistently attracting the most annual solar investments. Together, these have received about 50% of all solar investments since 2015, according to a new report released by the International Solar Alliance at its sixth assembly in New Delhi.
Global PV must grow to 5,400 GW by 2030 to limit global warming
The International Renewable Energy Agency said in a recent report that the scale of the energy transition needs ‘urgent’ acceleration to meet Paris Agreement climate emergency targets. Solar PV deployment, in particular, must ramp up and increase fourfold by the end of the decade.
SJVN launches 1.5 GW solar tender
SJVN has invited bids to develop 1.5 GW of interstate transmission grid (ISTS) connected solar power projects on a build-own-operate basis anywhere in India. Bidding closes on Dec. 15.
India hosts sixth session of International Solar Alliance Assembly in New Delhi
The Assembly has decided to increase the viability gap funding for solar projects in member countries from 10% of the project cost to up to 35%, depending on the capacity and needs of the countries and their respective projects.
ISES Solar World Congress comes to Delhi
The International Solar Energy Society’s Solar World Congress 2023 has started in New Delhi, alongside the sixth session of the International Solar Alliance Assembly.
NTPC tenders EPC package for 650 MW solar in Rajasthan
NTPC Renewable Energy Ltd (NTPC REL) is accepting bids to install and commission 650 MW of grid-connected solar PV projects in the Bikaner district of Rajasthan. Bidding closes on Dec. 12.
Europe to add 58 GW of solar in 2023
Europe’s solar installation levels are exceeding expectations and are on track to grow 30% this year from 2022, according to Rystad Energy.
Waaree Energies lands 200 MW solar module supply contract with Engie India
Waaree Energies Ltd will supply 200 MW of its AHNAY 545 Wp bifacial modules to Engie India’s PV project in Gujarat.
Adani Green Energy posts INR 371 crore profit in second quarter
Indian developer Adani Green Energy Ltd reported a 53.7% year-over-year increase in consolidated total income to INR 2,589 crore ($311 million) in the second quarter (July-Sept) of FY 2024. Net profit (profit after tax) soared 150% YoY to INR 371 crore.
Gentari, Greenko founders partner on green ammonia production and export from India
Gentari and Greenko founders-owned AM Green will jointly invest in the green ammonia platform, AMG Ammonia, to produce and export green ammonia from India. Both partners bring complementary capabilities across the green hydrogen value chain, including renewable energy, electrolyzers, and ammonia production and marketing capabilities. GIC will also invest in AMG Ammonia.
