Markets & Finance

With solar-plus-storage project development increasing across the globe, PV Tech looked at its current challenges and advantages.

Greenvolt Power has sold two renewable power projects to Polish electric utility Energa Wytwarzanie, with a total solar capacity of 32MW.

French energy major TotalEnergies has fully acquired independent power producer (IPP) Total Eren, increasing its operating income and tapping into the opportunities in multiple foreign markets.

Argentina’s latest renewables auction awarded more than 630MW of capacity out of 620MW initially intended, of which 501.1MW from solar PV.

India installed 6,794MW of solar PV in H1 (January – June) 2023, a 19% decrease year-on-year from 2022 according to energy analyst JMK Research.

Japanese conglomerate Itochu Corporation has announced a plan to invest US$2 billion in renewable energy generation assets in the US and Canada.

Indian state-owned utility SJVN will develop 1.2GW of solar PV projects to supply power to the Punjab State Power Corporation Limited.

The Australian government has announced AU$50 million (US$33.7 million) in investment to develop renewable energy supply chains – notably for solar and energy storage – in the Indo-Pacific.

ReNew will receive US$7.8 billion in funding from two Indian government departments to develop clean power projects in the country.

Utility-scale solar will overtake coal in North Carolina's net electricity generation thanks to the declining costs of deploying solar, but the leading position in solar deployment will be threatened in the upcoming years.