A consortium led by private equity giant BlackRock Real Assets has acquired a 10.53% stake in Tata Power Renewables through a INR4,000 crore (US$525 million) investment.
Solar developers Quantum Power Asia and ib vogt are planning to construct a 3.5GW PV plant and 12GWh energy storage facility in Indonesia that will export electricity to Singapore via a subsea cable.
LONGi Solar has raised prices for its 182mm wafers once again as upstream costs continue to edge upwards this week, exacerbated by constraints caused by COVID-19-related lockdowns in China.
Major capacity additions in Asia’s non-hydropower renewables sector will facilitate the region's ability to supply electricity amid rising power consumption needs, which look set to outpace all other regions as economies continue to expand after the easing of COVID-19 restrictions, according to a Fitch Solutions’ report.
Technology company Aqua Aerem has entered into a joint development agreement with Japanese energy producer Osaka Gas for its 10GW Desert Bloom Hydrogen project in Northern Australia.
India is set to fall well short of its 2022 solar target of 100GW of installed solar capacity due to the slow uptake of rooftop solar, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research.
The Philippines looks set to significantly ramp up its solar deployment, according to Fitch Solutions, which has revised up its forecasts for the country’s non-hydro renewables sector in line with a rapidly-expanding project pipeline and growing regulatory support.
Large-scale solar deployment in Australia jumped 38% year-on-year in 2021 as its three largest PV plants were commissioned, but financial commitments for new renewables projects in the country fell, according to a new report.
Solar, wind and energy storage will do much of the heavy lifting in decarbonising the energy sector, with fossil fuel assets left stranded, however time is running out to realise that shift and limit global warming.
Tata Power Solar has commissioned a 160MW solar project in the north-western Indian state of Rajasthan as it continues its PV roll-out across the country.
