India installed 12.9GW of renewable energy capacity in 2023, over 10GW of which was solar PV capacity. This represents a 28% decline in PV additions and an 18% drop in overall renewables capacity additions year-on-year.
Infrastructure investment manager I Squared Capital has agreed to invest up to US$400 million in Brazilian distributed generation company Órigo Energia.
A consortium of EDF Renewables and Korea Western Power Corporation (KOWEPO) has reached financial close on a 500MW solar PV plant in the Sultanate of Oman.