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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.

RP Global secured EBRD financing for the 21-MWp Novalja solar plant, advancing Croatia’s decarbonization with bankable, grid-friendly daytime capacity.

DESRI closed a USD 129 million preferred equity investment to support a 250-MW solar portfolio in Texas, advancing procurement and construction milestones.

China's Huawei as well as Turkey's Tosyali Holding are constructing the rooftop solar project with an investment of $71 million. The 140MW project will assist cut 116,525 MT of carbon emission from the steel market of Turkey every year.

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.

TMEIC is powering up Texas! Relocating HQ to Houston and launching a 9 GW PV inverter factory—renewable energy just got a major boost!

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.

EDF has actually protected an agreement to lead the development of a 240MWp floating solar project in Laos that will certainly be co-located with a 1.08 GW hydropower plant.

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.

Lithuanian state-owned power business Ignitis Group has actually signed an agreement to get solar parks in Poland with a total capacity of up to 170MW from programmer Sun Investment Group (SIG).

Sembcorp Industries' Singapore-based subsidiary has actually been chosen to construct the biggest drifting PV plant in the Southeast Asian state, standing at 60MW on Tengeh Reservoir.

Spanish solar trackers manufacturer Soltec Power Holdings SA (BME: SOL) revealed on Friday that it will construct a 5-MW solar distributed generation (DG) plant approximately Murcia, south-eastern Spain, making use of a self-developed kit.

Doral Renewables secures $1.5B for Mammoth Solar, powering 275,000 homes with US-made tech by 2026.

Equator Energy commissioned a 10-MW solar park for Mombasa Cement in Kenya, cutting costs, emissions, and grid dependence at an energy-intensive facility.

Plus Power’s 150-MW/300-MWh Cranberry Point battery in Carver, MA—New England’s largest standalone BESS—is online, supporting ISO-NE capacity and Clean Peak goals.