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While global investments in renewable energy have climbed gradually in recent years, they remain much below the levels required to put the globe on course for a climate-safe future.

The Asian Development Bank (ADB) has authorized a $600 million financing to aid the State Electricity Corporation (PLN), Indonesia's state-owned power firm, expand power access and also advertise renewable energy in eastern Indonesia. The program additionally includes 2 gives, at $3 million each, from the Japan Fund for Poverty Reduction and also the Asia Clean Energy Fund.

UAE-based solar programmer Yellow Door Energy has increased $31.2 million finance to develop dispersed solar projects in Jordan.

Dubai Electricity and also Water Authority (DEWA) has actually inaugurated a pilot project for energy storage at the Mohammed bin Rashid Al Maktoum Solar Park making use of Tesla's lithium-ion battery remedy. The project has a power ability of 1.21 MW and also an energy capability of 8.61 MWh with a life span of approximately one decade.

The United States Bureau of Land Management (BLM) is soliciting rate of interest for utility-scale solar projects on almost 90,000 acres of public land situated throughout Colorado, Nevada and also New Mexico, making up the firm's largest solar rate of interest given that 2012.

Polysilicon prices have actually continued to climb up in China in the middle of limited supply as suppliers are hit by power rationing.

Under the structure of the four-nation grouping 'I2U2 ′ (India, Israel, USA and UAE), the United Arab Emirates will certainly make a financial investment worth $2 billion to develop a collection of integrated food parks throughout India.

Rishi Sunak and Liz Truss remarks on PV projects raise 'deep concern' at Solar Energy UK

Catalyst Capital anticipates the Skelton project to be operational in the 4th quarter of 2022

Viridi RE as well as Solar Ambition will certainly establish solar portfolios up until properties get to ready-to-build standing. The portfolio will also have a prospective to balance out greater than 390,000 tonnes of carbon discharge a year.

Battery storage space is making renewables a lot more viable for Scottish Water, the business has actually said complying with the setup of Invinity Energy Systems' vanadium flow batteries.

Solar project developer and also possession owner Photon Energy Group saw its profits reach a brand-new high last year thanks to the sale of electrical power from its growing portfolio of PV plants.

Engie has secured a power purchase agreement (PPA) for a solar plant to back the operations of Saudi Arabia’s self-styled largest listed food group.

The Shapoorji Pallonji Group’s solar EPC business will hit the capital markets with an initial public offering on Aug. 6.

The Rural Areas Electricity Company wants to build hybrid plants in 11 non-interconnected areas of the sultanate. The projects will have a total of 48 MW of solar power generation capacity and 70 MW of diesel and the storage component will have total installed power of 28 MW and a storage capacity of 14 MWh.