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.
Indian commercial and industrial (C&I) renewables developer Serentica Renewables has secured funding for a 530MW round-the-clock hybrid project in India.
Chinese solar tracker manufacturer Arctech has expanded its business to Turkey by forming a partnership with Alpon Energy, a solar company specialised in solar trackers, as well as EPC works.