ICRA expects India’s installed solar power capacity to grow to 104 GW by March 2025 from 72 GW as of October 2023, led by strong policy support and moderation in solar module prices.ICRA expects India’s installed renewable energy capacity (from solar, wind, and other RE...
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The International Solar Alliance's Global Solar Facility (GSF) includes payment guarantee, insurance and investment fund components to catalyze solar investments in underserved geographies.The International Solar Alliance (ISA) has announced the initiation of the first pilot project under its Global Solar Facility (GSF). The project was...
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India's Alpex Solar has filed a draft prospectus for an initial public offering (IPO) on the NSE Emerge trading platform in Mumbai. It plans to use the net proceeds to expand its PV panel capacity from 450 MW to 1.2 GW and set up an...
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The Greek government and Masdar have agreed to develop 7 MW of solar on Poros Island as part of the "GR-Eco Islands" initiative. However, the authorities and Abu Dhabi-based renewables developer have not disclosed the project costs.The Greek government and renewables developer Masdar have agreed...
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Hindustan Petroleum Corp. Ltd will build the 100 MW solar project at Galiveedu for self-consumption.Andhra Pradesh chief minister, YS Jagan Mohan Reddy, laid the foundation stone for Hindustan Petroleum Corp. Ltd’s 100 MW mega solar project at Galiveedu Solar Park in Andhra Pradesh recently. The...
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Greece’s energy regulator has published a call for the country’s second energy storage tender to take place in February 2024.Greece is gearing up for its second competitive auction for standalone, front-of-the-meter energy storage facilities connected to the electricity transmission network. The auction is part of...
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GreenGo, a Danish developer, has unveiled plans for the Megaton Moon project in Mauritania. It will purportedly feature 60 GW of visible-from-space wind-solar capacity and 30 GW of green hydrogen capacity.Denmark's GreenGo has launched the Megaton Moon project in Mauritania, a 60 GW solar-wind power...
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Sterlite Power has secured a transmission project for the evacuation of power from Rajasthan Renewable Energy Zone Phase-IV.Sterlite Power, a private-sector power transmission developer, has secured a transmission project for the evacuation of renewable power from Rajasthan Renewable Energy Zone (REZ) Phase-IV (Bikaner Complex). With...
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Poor planning, overambitious projects and “weak” human and institutional expertise are just some problems plaguing the Ethiopian government's best efforts to procure renewable energy projects, according to a new study.Renewable energy academic Seife Ayele told pv magazine that some of the issues afflicting the Ethiopian...
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Exide has forayed into lithium-ion-based home power backup systems with the launch of wall-mount lithium battery inverters in 450 W and 720 W sizes. The Exide Integra wall-mount lithium battery inverter features an integrated pure sine-wave inverter system with an inbuilt Li-ion battery. It is available...
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