Projects

Indian integrated power company Tata Power’s subsidiary Tata Power Renewable Energy has signed a power purchase agreement (PPA) for a 510MW hybrid project.

Renewable energy company Vena Energy has reached financial close on a 176MW solar and wind project in India.

The EU Commission has announced new measures to support multiple sectors, including the renewable energy industry, to keep them in Europe.

Spanish developer Grenergy has signed a 15-year power purchase agreement with chemical company LyondellBasell for a 259MW solar PV plant in Spain.

Solar PV will lead the energy transition in Malaysia and could reach up to 153GW of installed capacity by 2050.

Q4 2022 saw a marked uptick in renewable energy investment in Australia, and a 17% total bump in year-on-year investment was recorded compared with 2021. Despite this, more is needed to reach the country’s Renewable Energy Targets according to the Australian Clean Energy Council.  

Households in European countries could save up to 84% on their household bills by installing both solar PV and heat pumps compared to homes relying on gas heating, according to a recent study conducted by trade body SolarPower Europe.

Solar capacity will remain a key focus of the Indian government’s spending this year, but some existing challenges for the industry could still hamper growth, according to experts. 

US utility Duke Energy’s subsidiary, Duke Energy Sustainable Solutions (DESS), has started operating a 250MW solar PV plant in Navarro County, Texas.

Spanish PV developer Enerside has entered into a joint venture (JV) with Alternative Green Energy Italy Holco 2 (AGE) to support 2.6GW of solar PV projects in Italy.