Policy

Indian renewables developer Avaada Energy has secured a 1050MW contract in a tender issued by the government’s Renewable Energy Implementing Agency (REIA) and National Thermal Power Corporation (NTPC).

The US government has proposed new regulations regarding tax credits for the owners of renewable energy and energy storage facilities eligible for support under the Inflation Reduction Act (IRA).

Juan Monge, principal analyst at Wood Mackenzie, says the EPBD timeline is plausible, although “the devil is in the detail”. 

Responsibility for awarding permits for new renewable projects in Michigan will remain with the state’s Public Service Commission.

The European Council has adopted the EU’s Net-Zero Industry Act as the EU looks to bolster its clean energy manufacturing industries.

Indian solar installations increased by over 400% in the first quarter of 2024 to the highest quarterly deployment levels in its history.

Installed solar and wind capacity is set to treble from now until 2030, and treble again between 2030 and 2050 to reach 31TW, according to BloombergNEF (BNEF).

The flurry of recent tariff changes for solar imports to the US is likely to make products from Southeast Asia less attractive to buyers, according to renewables analysis firm Clean Energy Associates (CEA).

The European Solar Manufacturing Council (ESMC) has called on increasing work around inverters’ cyber- and data security.

The US Department of Energy (DOE) will invest US$71 million into specific solar manufacturing projects across the value chain.