India’s renewables share reaches 45%
India’s installed power generation capacity hit 453 GW as of September 2024, with renewables (including large hydro) accounting for 45% of the total.
US Midwest coal mines to host solar arrays under new partnership
A renewable energy developer and major US coal company have announced a partnership for 5.5 GW solar development plan – enough to power more than 850,000 homes.
BESS are becoming more attractive
As battery energy storage system costs plunge, energy price volatility is shortening payback times for storage solutions. This shift, driven by a surge in intermittently generating renewables, and ongoing innovations in battery manufacturing, marks a pivotal moment for energy markets worldwide.
Maxeon Solar pivots business to focus exclusively on U.S. market
The solar panel manufacturer announced a five-year lease of a factory in Albuquerque, New Mexico.
Chinese PV Industry Brief: PowerChina launches 300 MW offshore PV project
PowerChina has unveiled plans for a 300 MW offshore PV pilot project in the Bohai Sea, using advanced solar panels designed to endure extreme marine conditions.
Japan’s 22nd solar auction concludes with lowest bid of $0.049/kWh
Japan has allocated 56.4 MW of PV capacity in its latest procurement exercise. The lowest bid came in at JPY 7.5 ($0.049)/kWh, while the average final price was JPY 8.17/kWh.
Somalia launches tender for off-grid solar-plus-storage at 25 health facilities
Somalia’s Ministry of Energy and Minerals said the solar-plus-storage systems will be deployed in the Marodi-Jeeh and Awdal regions.
More than 19 GW of solar projects set for implementation in Poland
Poland’s Institute for Renewable Energy (IEO) says that building permits have been issued for nearly 1,500 solar projects totaling over 12.3 GW. Some of these projects may secure authorization in Poland’s upcoming renewables auction, set for December.
Indian utility seeking consultants for floating solar projects
THDC India Ltd. is seeking technical consulting agencies to submit expressions of interest (EOI) to prepare detailed project reports on floating solar projects across India.
Australian venture plans 50 MW CST plant
FPR Energy has raised AUD 15 million ($9.7 million) in seed funding to commercialize its concentrated solar thermal (CST) technology. The system is designed for long-duration energy storage, supporting industrial processes, green fuel production, and dispatchable power generation.
