Vietnam is set to expand its solar and wind capacity as a supportive regulatory environment and growing investor confidence spur on new project development, according to consultancy Fitch Solutions.
India will provide additional support for domestic solar equipment manufacturers to help meet the country’s soaring renewable energy generation capacity, Prime Minister Narendra Modi has said.
Solar tariffs in India hit a record low of INR2/kWh (US$0.0270/kWh) following an auction this week for 1,070MW of PV projects that are set to be developed in the state of Rajasthan.
Questions have been raised about the need for Spain to roll out a new renewables auction mechanism to drive up PV installation rates and meet its 2030 green energy targets.
US renewables owner Vesper Energy is set to accelerate the development of its solar and storage pipeline in North America after closing a letter of credit facility for up to US$100 million.
Lots for PV projects on dams and beside motorways are set to be included in Portugal’s third solar tender, the country’s state secretary for energy, João Galamba, has said.
Hydrogen and artificial intelligence are set to play a “critical role” in supporting grid stability and scaling up green energy, new research from EY says.
Chilean authorities have announced plans to carry out an auction next year, looking to procure 2,310GWh of renewable power from generation and storage.
Spanish utility Iberdrola aims to accelerate the production of green hydrogen after signing an agreement with Norwegian company Nel and creating a new venture dedicated to the installation and maintenance of electrolyser plants.
