India Adds 6 Gigawatts Solar In H1 2018, Up 46%
India continues to add record volumes of solar and wind energy capacities even as the net capacity additions in the coal sector remain stunted.
Author: Mridul Chadha
Panasonic To Increase Solar Module Production Capacity To 1 GW
Encouraged by the rapidly developing solar power market in Japan, Panasonic is planning to significantly increase its solar photovoltaic modules production capacity. Panasonic has announced that it plans to increase the production capacity of its HIT (Heterojunction with Intrinsic Thin-layer technology) modules to 1 GW over the next few years. … [continued]
ACWA Power Secures $2 Billion For Morocco CSP Projects
Saudi Arabia’s ACWA Power has reported progress on the financial front of two landmark solar power projects in Morocco. A consortium led by ACWA Power announced that it has closed debt funding worth $2 billion for two concentrated solar power (CSP) projects in Morocco. ACWA Power will work with Spanish … [continued]
Jordan Closes 200 MW Solar Tender With Record-low Tariffs
Project developers eager to set up solar PV power projects in Jordan took a shot at the lowest-ever tariff in the second round tender under the country’s solar power program. Jordan allocated 200 MW of solar PV power projects in the second round auction, after a total of 33 companies had … [continued]
EU Funds Morocco’s Largest Solar Power Project
Morocco’s ambitious Noor-Quarzazate project has received financial backing from the European Union. The European Union (EU) has granted a $47.8 million loan to the Moroccan Agency for Solar Energy (MASEN) for the 150 MW Noor III concentrated solar power project. According to media reports, the agreement was signed by EU Commissioner for … [continued]
Turkey Gets Blockbuster Response To Wind Energy Projects Auction
Yet another renewable energy projects auction, this time in Turkey, has attracted an overwhelming response from project developers. Turkey, an emerging renewable energy market, had invited bids to auction pre-licensed wind energy projects of cumulative capacity worth 3 GW. Turkey’s Energy Market Regulatory Authority announced earlier this month that it received … [continued]
Brazilian State Minas Gerais To Invest $324 Million In Solar PV Projects
Minas Gerais, the south-eastern state of Brazil, has announced that it will start auctions of solar photovoltaic power plants later this year. The state government recently announced that it will facilitate auction of large-scale solar power projects in August. It will also support the development of these projects by investing $324 … [continued]
Enel Green Power Plans $9.9 Billion Investment, 7 GW Capacity Addition By 2019
Italian renewable energy project developer Enel Green Power has announced an expansive capacity addition and capital investment program. Enel Green Power plans to invest $9.9 billion over the next 5 years, focusing mostly on enhancing generation capacity. The company hopes to add 7.1 GW of new capacity before the end of … [continued]
South Africa To Add 6.3 GW Capacity In Future Renewable Energy IPP Auctions
The South African government is planning to seek more interest in renewable energy development through their successful Renewable Energy Independent Power Producers Procurement Programme, which has already seen four rounds of auctions. Through the first 4 auctions under the Renewable Energy Independent Power Producers Procurement Programme (REIPPPP), South Africa managed to … [continued]
Dubai Will Invest $3 Billion To Boost Solar Power Project Capacity To 3 GW
Solar energy seems to be the new go-to investment segment in the small Middle East country of United Arab Emirates. The power and water utility servicing the iconic city of Dubai will invest $3 billion to boost the generation capacity of the country’s largest solar power plant from 1 GW … [continued]
