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.
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 climate investment firm HASI has invested an undisclosed sum into a 605MW solar and solar-plus-storage portfolio owned by US utility AES Corporation.
US utility American Electric Power (AEP) has signed an agreement to sell its 625MW of solar PV assets in the state of New Mexico to investment firm Exus Asset Holdings.
Spanish PV developer Solarpack has begun construction on its 300MW San Martin solar project in Peru. It said that the site will be the “largest” in the country upon completion in Q2 2025.