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With its rapid economic growth and increasing need for power services, India is well-placed to invest a lot more in clean, cheap reliable sources of power, especially in the solar sector. Nonetheless, this potential stays mainly untapped. The Indian federal government has set an objective of 100 gigawatts (GW) of solar energy capacity by 2022, yet it had actually just installed 34 GW by mid-2020.

The European Bank for Reconstruction as well as Growth (EBRD) has an interest in providing financial support for the construction of solar power plant Trebinje 1, the first photovoltaic facility to be built by the Republic of Srpska's state power utility Elektroprivreda Republike Srpske (ERS).

Spanish eco-friendly power store Holaluz Clidom SA (BME: HLZ) has authorized a power purchase agreement (PPA) to procure electrical energy from a 5.1-MWp solar farm in main Spain, the business introduced on Wednesday.

Eneos Holdings invests AUD 200 million in Queensland to pioneer green hydrogen production, driving forward the future of sustainable energy and global carbon reduction efforts.

Energy firm Verbund AG (VIE: VER) and electric utility Burgenland Energie AG are intending to build Austria's largest electrolysis plant in the state of Burgenland which must produce 40,000 tonnes of green hydrogen annually by 2030.

The official opening was held in Turkey's Konya province of Kalyon Energy's solar power plant of 1.35 GW in peak capacity or 1 GW in connection terms. The photovoltaic or pv panels were created in Kalyon Holding's manufacturing facility in Ankara, with domestic participation in materials, services and work of 76%.

The Indian Subsidiary of Malaysian oil and gas conglomerate Petronas, Amplus Solar has actually awarded a significant solar EPC order to Jakson Green, the new energy transition platform supported by the Infrastructure and also Renewables giant Jakson Group, which has its headquarters in India.

Haryana-headquartered solar power options service provider Vikram Solar revealed today the completion of an 85 MW solar plant project appointed for National Thermal Power Corporation Limited (NTPC) at Bilhaur, Kanpur, Uttar Pradesh.

A substantial site localization research has actually been done, which suggests that the Skaraborg area in Sweden is an optimal location for the plant. The Volvo Group plans to progressively raise capacity as well as reach large-scale series production by 2030.

German municipal utilities Stadtwerke Muenchen (SWM) as well as Stadtwerke Augsburg (SWA) are preparing to construct a 100 MWp solar park on the island of Ruegen in the Baltic Sea which is expected to provide green electrical power to some 40,000 households from 2025 on.

German power group RWE AG (ETR: RWE) has actually commissioned a 14.4-MWp solar park tied to a 9.6-MWh battery storage space system in the Rhenish mining region in western Germany as part of a method to green the location.

EPC firm Sterling & Wilson has completed its initial solar PV job in Oman, a 125MW DC plant making use of bifacial panels, with the India-headquartered company entering its 10th gigawatt of tasks worldwide.

Spanish eco-friendly power firm Capital Energy stated today it has started construction of a 20-MW solar farm in Spain's Extremadura independent community

Juniper Green energises its 42 MW AC solar plant in Maharashtra 17 months early, securing ISTS savings and marking the first phase of a 75 MW hybrid project.

Vietnamese firm Da Nhim–Ham Thuan–Da Mi (DHD), a subsidiary of national utility EVN, has bagged a US$37 million loan from the Asian Development Bank (ADB) for a 47.5MW floating solar project that is claimed to be the first and largest such project in the Southeast Asian nation.