utility-scale solar

2022 saw the solar PV market enter a ‘new growth dimension’, where 239GW of solar capacity was added across the world representing two thirds of all new renewables capacity.

The US solar industry had the most growth of any quarter in its history in Q1 2023, as delayed projects from 2022 came online and supply chain constraints showed signs of loosening.

British renewables company Savannah Energy has signed a memorandum of agreement (MoA) with the government of Niger to develop up to 200MW of solar PV.

US utility-scale solar power company OCI Solar Power has sold a 110MWac PV project in Texas to Japanese conglomerate Mitsui USA.

Renewables developer Oracle Power PLC has signed a cooperation agreement with Chinese state-owned energy company PowerChina to jointly develop a 1GW solar PV project in Pakistan.

Solar developer OX2 has acquired the project rights to a 475MW solar PV project in Finland from Finnish PV developer SAJM Holding Oy.

India added 12.8GW of solar PV in the FY2023, an 8% decrease year-on-year according to JMK Research. 2022 saw the country experience significant module shortages as it strains to build out its domestic manufacturing profile and lessen its dependence on imports from the east.

The projects consist of a 90MW floating solar project in Madhya Pradesh and a 100MW utility-scale solar PV project to be built in Gujarat

Chinese state-owned energy company PowerChina has invested in a new solar PV plant with a 343MW capacity in Brazil.

Indian independent power producer Hero Future Energies has planned to invest INR30,000 crore (US$3.6 billion) in renewables in the Indian state of Andhra Pradesh.