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IRENA Urges Faster Renewables Growth to Meet 2030 Goal
Global renewables capacity must accelerate to meet COP28 goal of tripling renewables by 2030, says IRENA. Current growth rate falls short, highlighting the need for faster progress.
Jul 12, 2024 // Market Research, IRENA
Singapore's Solar Surge: Volatile Prices Fuel Demand
Discover how Singapore is overcoming its volatile electricity prices and lack of space for traditional renewables by embracing solar energy. Learn how residential rooftop solar installers are responding to rising energy bills and climate impact, and how solar now contributes to Singapore's energy mix.
Jun 20, 2023 // Markets & Finance News, Asia, Singapore
A lot more utility-scale solar has been mounted this year than all other forms of power
Utility-scale solar and also wind each added a lot more creating capacity than natural gas during the initial nine months of 2022, according to a SUN DAY Campaign evaluation of FERC information. FERC's newest three-year forecast suggests that installed natural gas capacity will certainly begin to decline by 2025 while solar as well as wind continue to rapidly increase.
Nov 8, 2022 // Markets & Finance News, USA, North America
Bangladesh’s first state-owned solar plant comes online
The new generation facility was financed by the Asian Development Bank and built by Chinese company ZTE Corp. The project will sell power to the grid for $0.065/kWh, a record low for solar in the country.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, China, Bangladesh, Asia, rooftop solar, Asian Development Bank, ZTE Corp, Floating solar
Renewables Supplied 54% of Portugal’s Power in August
Renewables met 54% of Portugal’s electricity needs in August, with hydropower, wind, and solar driving a 71% share from January to August, REN reports.
Sep 2, 2025 // Markets & Finance News, Grids, Portugal, solar pv, Europe, hydropower, Wind Energy, REN grid operator
Auren, AES Brasil Merger: Creating 8.8-GW Renewables Giant
Merger between Auren Energia and AES Brasil creates 8.8 GW renewable energy platform. AES Corp to sell stake for $640 million, simplifying portfolio for US market focus.
May 16, 2024 // Plants, Large-Scale, Commercial, AES, Brasil, Auren
Brazil's Dec 2024 Renewable Energy Tender Guidelines Released
Get ready for Brazil's renewable energy tenders in December 2024! Secure your spot for hydro, wind, solar, and thermal power projects with long-term power purchase agreements.
May 24, 2024 // Markets & Finance News, South america, Brazil
Marubeni inks MoU to construct 100-MW solar farm in Bangladesh
Japan's Marubeni Corporation (TYO:8002) has signed a memorandum of understanding (MoU) with state-owned Electricity Generation Company of Bangladesh Ltd (EGCB) for the joint development of a 100-MW solar project in the nation.
May 24, 2021 // Plants, India, Asia, Marubeni, MoU, PV Power Plant
ReNew Power Makes First Hydro Acquisition, Includes 359 MW Acquisitions
The two acquisitions include a 99MW hydropower project in Uttarakhand, and a 260 MW/330MWp solar projects in Telangana The firm remains to construct its possessions pipe, with key success already under its belt from solar tenders in 2021.
Aug 11, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, ReNew Power, Sumant Sinha, SPAC, L&T Uttranchal Hydropower Limited, SBHEP, Singoli Bhatwari hydroelectric project
US solar to represent bulk of new generation capacity
FERC forecasts utility scale PV additions to virtually reach 73,000 MW between December 2022 and November 2025
Jan 19, 2023 // Markets & Finance News, USA, FERC, North America
Portugal's Renewables Surge to 73% Power Supply
Portugal's renewable energy soared to 73% of electricity needs in early 2024, led by hydropower and wind. A greener future is on the horizon!
Oct 2, 2024 // Markets & Finance News, Portugal, Europe
More floating PV for Thailand
French floating PV specialist Ciel&Terre is teaming up with SCG, an Asian petrochemical company, to develop floating solar plants at hydroelectric dams in Thailand.
Aug 5, 2019 // Plants, Floating PV, Ciel&Terre, SCG, Thailand, floating PV, EGAT, Asia
Austria-based Enery preparing to build Bulgaria's biggest solar park
In case there are no hold-ups, the building and construction of the Chirpan solar energy plant in Bulgaria can start this year. The 160 MW project is owned by Enery from Austria. It would currently be the biggest in the nation.
Feb 24, 2023 // Plants, Large-Scale, Commercial, Europe, Austria, PV Power Plant, Bulgaria
Austrian Firm Enery Ready To Construct Bulgaria's Biggest Solar Park
Austrian firm, Enery, managed by Three Seas Initiative Investment Fund (TSIIF) via Amber Infrastructure, is currently operating among both largest PV facilities in Bulgaria. Founded in 2019, Enery is a leading renewable resource developers in Central and also Eastern Europe. In 2020, it acquired a solar park on 100 hectares with a 60.4 MW peak as well as additionally 50 MW in connection power in Karadzhalovo near Plovdiv.
Feb 27, 2023 // Plants, Large-Scale, Commercial, solar park project, Enery, Jade Power Trust Fund, photovoltaic park, renewable energy developer, renewable resource
Juniper Green Launches 100-MW Solar Park for Bhutan
Juniper Green Energy's 100-MW solar park in Rajasthan powers Bhutan, boosting cross-border renewable energy collaboration and sustainable growth in South Asia.
Mar 12, 2025 // Plants, Large-Scale, Commercial, Asia, PV Power Plant, Bhutan, Juniper Green Energy