Solar manufacturer Involt Energy has broken ground on its first solar cell manufacturing plant in the western Indian state of Gujarat, with an initial annual nameplate capacity of 1.78GW.
Indian solar module manufacturer Vikram Solar has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO) and raise capital through the public markets.
Independent power producer (IPP) Enlight Renewable Energy is expanding its Gecama Wind Project in Castilla La Mancha, Spain, by integrating solar PV and battery energy storage systems.
Independent power producer (IPP) Grenergy has acquired 1GW (298 units) of inverters from Spanish manufacturer Ingeteam for its 2GW/11GWh Oasis de Atacama solar-plus-storage project in Chile.
Tariffs on US imports will increase the cost of US solar PV and energy storage technologies and slow the rate of project development, according to analysis from Wood Mackenzie.
Danish renewables firm European Energy has secured a €145 million (US$158 million) long-term loan to finance a 78.5MW solar park co-located with a 50MW battery storage plant in Anykščiai, Lithuania.