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Land Issues Slowing Down RE Projects In South Asia: Bloomberg

According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […]

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News Brief May 23 – Atiaia Energia, Babcock & Wilcox Solar Energy, MG Motors

V.tal Signs Solar Energy Agreements with Atiaia Energia and Atlas Brasil Energia Digital services and telecommunications infrastructure provider V.tal has inked two major agreements for solar energy self-production. These CADE-approved agreements comprise collaborations with Atlas Brasil Energia and Atiaia Energia, two generators. As per the terms of the deal with Atiaia Energia, V.tal will form […]

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Waaree Energies To Supply 445 MW Solar Modules to Statkraft

Waaree Energies Limited is set to illuminate single-location solar projects in Bikaner, Rajasthan, with a supply of 445 MW of its 540/545Wp dual glass bifacial modules. The delivery is scheduled for delivery between May and August 2024. Hitesh Doshi, Chairman and Managing Director of Waaree Energies Limited said, “This partnership with Statkraft India represents a pivotal […]

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Soleos Solar Energy Secures Rs 48.5 Crore Renewable Energy Funding

Soleos Solar Energy has announced that it has raised Rs 48.5 crore for portfolio development and working capital for the renewable energy business. According to a release from Soleos Solar Energy, participants in the investment round included Faruk G Patel, CMD of KP Group, Pawan Agarwal, Head of PCG at InCred Capital, Madhuri Madhu Kela, […]

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Are Green Stocks Struggling To Meet High Expectations

On a day when heatwaves across the country and soaring power demand indicates a hot summer ahead, the focus was clearly on coal stocks, and not green energy stocks today. Consider how despite a dropping share of generation capacity, thermal’s share of actual generation has only been climbing, with power plants set to enjoy their […]

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SolarPower Europe Unveils Digital Agrivoltaics Map

Solar trade body SolarPower Europe has launched a digital map to showcase agrivoltaics projects in ten countries in Europe, including Italy, France, Germany and the Netherlands. The map includes more than 200 projects across the continent, amassing a combined capacity of 2.8 gW. The map showcases various technologies used in agriPV projects, whether it be […]

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China’s World Beating Solar Manufacturers Struggle To Make Profits As Prices Continue Freefall

In a situation that has gone from concern, to worrisome to almost panic level some might say, China’s solar manufacturing juggernaut faces a period of low to no profits thanks to prices that have crashed to unprecedented levels. Taiwan-based Infolink Consulting, which tracks solar supply chain prices in China and beyond, in its latest report […]

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Construction Of 2GW Offshore Solar Plant In China Starts

China National Nuclear Power (CNNP) has kicked off the construction of the country’s largest offshore solar power plant next to the company’s nuclear power station in eastern Jiangsu province. Called the Tianwan Offshore Photovoltaic Power Station, the 2 GW solar project entails an investment of CNY9.9 billion (USD1.4 billion) and comes with a 400 MWh […]

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US To Invest $71 Million In Supporting Solar Manufacturing Research

U.S. Department of Energy (DOE) has announced a $71 million investment, including $16 million from the President’s Bipartisan Infrastructure Law, in research, development, and demonstration projects to grow the network of domestic manufacturers across the U.S. solar energy supply chain. The selected projects will address gaps in the domestic solar manufacturing capacity for the supply […]

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