Projects

Solar irradiance in Southeast Asia last year was 10% higher than long-term averages - the best-performing region across the globe - according to Solargis.

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.

US community solar company Nautilus Solar Energy has acquired a portfolio of 16 community solar projects with a combined capacity of 75.6MW.

Indian independent power producer (IPP) ReNew Power has sold a 300MW solar project in Rajasthan for US$199 million to India Grid Trust.

Iberdrola says that of the agreed amount €170 million has already been committed to finance onshore wind projects in Poland.

The China Energy Engineering Corporation (CEEC) has commissioned 400MW of a 1GW solar project in Uzbekistan.

Korean-owned solar PV manufacturer Qcells has signed an agreement with technology company Microsoft, supplying 12GW of modules and engineering, procurement and construction (EPC) services through 2032.

Xcel Energy has retired one of three coal generation units in Minnesota, which it plans to replace with 710MW worth of solar PV capacity.