India's solar module exports to the US and Europe will likely to peak in 2025 and experience a decline starting from 2026 as domestic manufacturing plants will be operational in these regions, according to a recent research from energy analyst JMK Reseach.
Solar Module Super League (SMSL) member and global solar manufacturer Canadian Solar will build a 5GW solar cell production facility in Jeffersonville, Indiana.
US-based independent power producer Enfinity Global has closed €300 million (US$316 million) in equity funding from global alternative asset manager ICG, with another €100 million expected to close within a year.
The agreements cover two solar projects and one onshore wind project as they are the first phase of a 10GW pipeline of renewables projects in Azerbaijan signed in 2022.