Rising costs weigh on solar deployment in Bangladesh
Rooftop and ground-mounted solar deployment is reportedly slowing down in Bangladesh due to rising prices of panels, inverters, and other PV system components.
Global solar demand to reach 190 GW this year, says IEA
The International Energy Agency expects solar, wind power, and other renewable energy technologies to achieve triple-digit global growth this year, with new PV additions set to reach almost 200 GW.
World Bank spells out how Pakistan can hit 13 GW of clean power
With its growing population and rapidly increasing energy needs, Pakistan’s energy security is undermined by the overriding share of imported fossil fuels in its energy mix. But, by turning to its untapped, tremendous solar, wind and biomass potential, the South Asian country could spur social and economic development, while improving energy access, says IRENA.
Bangladesh secures $200m from Asian Infrastructure Investment Bank to support renewables
The China-led Asian Infrastructure Investment Bank (AIIB) has extended a $200 million long-term credit facility to Bangladesh to finance a range of infrastructure projects, including renewable energy expansion.
The long read: Sky-scraping solar
As people have gradually migrated to the world’s cities, urban areas have migrated upward to scrape the sky. And yet, while one of the first principles of power generation is to generate as close as possible to the point of consumption, energy systems have long been designed to deliver electricity to major cities from distant hubs. But now, thanks to recent advances in solar panel energy density and building-integrated PV, vertical cities could soon be standing tall under their own power.
Adani Solar expands PV panel retail distribution to Tamil Nadu
The solar manufacturer, with a 3.5GW cell and module production capacity, has expanded its retail sales footprint to Tamil Nadu with Festa Solar as the official distribution partner for the region.
Bangladeshi fabrics maker invests in 100 MW solar plant
The solar park will sell power to the Bangladesh Power Development Board at a price of $0.1195/kWh under a 20-year power purchase agreement.
UK government warns of global warming risks related to hydrogen leaks
The UK Department for Business, Energy and Industrial Strategy has published new research showing that hydrogen leaks could have an indirect climate-warming impact, partly offsetting efforts to reduce carbon dioxide emissions.
APAC to lead global battery storage market, clock 68% share by 2026
The global battery energy storage market will grow to $10.84 billion in 2026, with around two-thirds of the demand concentrated in the Asia Pacific region.
India’s utility-scale PV capacity hit 41.7GW in December
India installed 41.7GW of cumulative utility-scale solar capacity as of Dec. 31, 2021. It has another 44.6GW in the pipeline.
