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A Summit Ridge Energy project in Illinois.

McKinsey: US and Europe need nearly 200GW of new clean energy deployments

August 27, 2024
Europe and the US could need to announce close to 200GW of new clean energy capacity by 2030 to meet the world’s energy transition goals.
Vikram Solar will use INR793.36 crore (US$95 million) from the IPO to build a 3,000MW solar cell and module facility.

India adds 12.2GW of solar capacity in H1 2024, exceeds 2023 renewable power installation total

August 13, 2024
India added around 12.2GW of new solar capacity in the first half of the year, according to figures from JMK Research.
A 70MW solar project in New South Wales. Image Nextracker.

Western Australia eyes 6.5TWh of solar and wind with new Federal agreement

July 23, 2024
Western Australia has become the second state to sign a Renewable Energy Transformation Agreement with the Federal government, aiming to support renewable energy generation technologies, such as solar.
The financing, led by SEB Lithuania and Swedbank Lithuania, will support three renewable energy assets.

Ember: wind and solar have cut European fossil fuel generation by one-fifth

June 4, 2024
A report from Ember Climate notes that wind and solar generation in the EU have cut fossil fuel generation by one-fifth between 2019 and 2023.
BlueWave deployed bifacial panels on single-axis trackers at its Rockport project. Image: BlueWave

BlueWave raises US$91 million for new Massachusetts solar projects

September 11, 2023
BlueWave has raised US$91 million in new funds to support five solar agrivoltaic projects in the US state of Massachusetts.
irena

IRENA: global solar LCOE fell 3% between 2021 and 2022

August 30, 2023
An IRENA report into the cost of producing power has found that the levelised cost of electricity in the solar PV sector fell by 3% in 2022.
new energy equity

Michigan approves DTE Energy’s plan to add 6.5GW of solar capacity by 2042

July 27, 2023
The Michigan Public Service Commission has approved a plan put forward by US energy company DTE Energy to install solar and wind in the state.
Voltalia's Oiapoque solar farm in Brazil.

Voltalia begins production at 260MW Solar Serra do Mel facility in Brazil

July 4, 2023
French renewable power company Voltalia has started production at four solar projects in its Solar Serra do Mel (SSM) facility in Brazil.
Vattenfall's agriPV pilot project in the Netherlands with a capacity of 0.7MWp. Credit: Vattenfall

Dutch government invests up to €412 million in solar power in latest funding round

July 3, 2023
The Dutch government will invest up to €412 million into “circular solar panels” under its National Growth Fund.
Solar panels in India.

Avaada Group closes solar and green hydrogen funding round with US$1.3 billion

June 29, 2023
The Avaada Group has closed its latest funding round, which generated US$1.3 billion for the group’s solar and green hydrogen businesses.

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