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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).

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.

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.

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.

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

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.

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.

The Haryana-based designer will spend Rs 1500-2000 crore in establishing the solar cell and also module manufacturing facility, which will at first have a production ability of 2 GW per year.

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.

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.

Rajasthan based SunAlpha Energy on Wednesday stated that it has participated in partnership with Flair Composing Industries Ltd, country's one of the leading manufacturers of composing instruments, to solarise its manufacturing center.

A contracted 32MW solar-plus-storage project just north of Chad’s capital N'Djaména is one step closer to fruition after the African Development Bank (AfDB) provided it with an €18 million (US$19.6 million) loan with a partial risk guarantee.

The unsubsidized market is taking another step forward in Germany with the news of two projects all set to market power to the wholesale market along with through PPAs.