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IRENA presents $2tn plan to drive 5.5m renewables jobs by 2023

Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.

Chinese manufacturer Risen signs 140 MW module supply deal with UPC-AC Energy Solar

The contract, for mono PERC solar modules, follows 165 MW of orders supplied by Risen to Indian renewable energy developer Sprng Energy last month.

Singapore’s Cleantech Solar secures US$75 million green loan from ING Bank

The commercial and industrial solar developer, which commands a significant share in the Indian market, will use the amount to fund rooftop PV installations for corporates across Southeast Asia.

Larsen & Toubro wins 20 MW floating solar project for NTPC

The grid-connected solar project shall come up at a reservoir of NTPC’s Auraiya Gas Power Plant in Uttar Pradesh. It is to be developed under Open category, allowing use of solar cells and modules of any origin.

AC Energy and UPC Solar form new JV for Asia Pacific

The joint venture company targets the construction of over 1 GW portfolio in the next few years, with an initial focus on India, South Korea and Taiwan.

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India powers ahead as Asia set for 355 GW of PV by 2023

Despite political hurdles in key markets including China and Japan, Asia remains highly active. This year, 59 GW of solar is expected to be installed and due to further system price declines, a phase-out of subsidy schemes can be offset.

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