Corporate investment in solar projects reached US$10 billion in the second half of last year, recovering from economic shock induced by COVID-19, new research by Mercom has revealed.
Independent power producer (IPP) Amarenco Group has secured €150 million (US$176.8 million) in funding as it looks to ramp up solar project development in Europe and Asia.
Despite recording a 70% year-on-year reduction in utility-scale solar installations in the first nine months of 2020, India’s renewable energy market is beginning to show signs of improvement, figures from JMK Research & Analytics reveal.
Eden Renewables India, the EDF and Total-owned joint venture, has cemented its status in India’s solar market by picking up awards for 1.35GW of new-build solar PV.
India installed just 205MW of solar capacity in the second quarter of 2020, down 86% year-on-year, according to a new report from research and consulting firm Mercom India Research.
Azure Power has seen its pipeline of interstate transmission solar in India swell by another 2GW after a greenshoe option in an existing contract with Solar Energy Corporation of India (SECI) was exercised.
Repsol has strengthened its commitment to renewable generation with the creation of a joint venture in Chile that will develop more than 1.6GW of green energy projects by 2025, comprising two solar facilities and three wind farms.
Country's largest PV auction to date targets smaller projects and locally-owned developers to ensure procurement drives ‘immediate’ boost to post-COVID economy.