Jordan’s government will fund a five-year program to install grid-connected solar systems at 1,000 homes of disabled people and their families, starting in 2026.
The investment package features a $200 million loan for the implementation of the project and a $50 million preferred equity investment. The approval is said to have been opposed by several members of IFC’s board of executive directors.
Saudi Arabia has inked five solar power purchase agreements (PPAs) with a developer consortia led by ACWA Power covering 12 GW of new capacity. Alongside two wind PPAs totaling 3 GW, the seven projects have been billed as the largest renewable energy capacity signed for in a single phase globally.
Cyprus curtailed more than half of its potential renewable power in early 2025, including record residential solar cuts, as grid limits and a lack of storage strain its energy transition. Without swift investment in flexibility, analysts warn the country risks eroding public trust and delaying decarbonization.
SolarEdge Technologies, an Israel-based solar inverter and battery energy storage specialist, has inaugurated a new state-of-the-art R&D and Technology Center in Bengaluru. The facility will play a key role in supporting SolarEdge’s global innovation pipeline while addressing the unique needs of the Indian market.
The Turkish authorities claim to have found evidence of dumping practices by Chinese PV junction boxes and frames manufacturers, which allegedly caused substantial damage to domestic producers.
India’s BGR Tech Ltd has joined hands with Dubai-based EPC company Chemie-Tech to execute multi-megawatt green hydrogen and ammonia projects on lump sum turnkey basis worldwide.
Larsen & Toubro has won new EPC orders for power transmission and distribution infrastructure in India and Middle East.
Erisha E Mobility has secured $1 billion investment from a UAE-based investor to expand its operations in the UAE, Saudi Arabia, USA, Europe, and various African nations, in addition to strengthening its existing business in India.
The facility will manufacture TrinaTracker’s Vanguard series of solar trackers and smart control systems. Commercial operation is set to begin during the first quarter of this year.
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