Category: Solar Power

Saatvik Solar to develop 4 GW module manufacturing facility in India

Saatvik Solar Industries Private Limited, a wholly owned subsidiary of Saatvik Green Energy Limited (SGEL), has commenced work to develop a 4 GW solar PV module manufacturing facility in Odisha, India. The facility will be set up on 57 acres of land sub-leased from Tata Steel Special Economic Zone Limited, located at the Gopalpur industrial park in Ganjam district. The cell manufacturing facility is scheduled to become operational by the end of financial year 2026-2027.

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Energy Investment Trends in US and LAC

The United States has made substantial energy investment over the past decade as part of a broader effort to establish itself in new value chains and supply international markets. It became a net energy exporter in 2019, a remarkable turnaround from its high previous reliance on imports. Clean energy investment in Latin America has grown by nearly 25% in the past decade, highlighting regional progress despite diverse country contexts and transition pathways. Brazil played a significant role in building momentum behind clean energy investment thanks to the country’s enabling environment for investment in solar PV, wind and bioenergy

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GameChange doubles production at Saudi Arabia tracker factory

GameChange Solar has expanded its regional manufacturing capacity in the Kingdom of Saudi Arabia to 6 GW annually. The expansion is anticipated to be completed by September 2025. The facility will continue producing GameChange Solar’s advanced Genius Tracker systems for utility-scale projects. The expansion strengthens GameChange Solar’s ability to supply high-quality tracker systems for projects across Saudi Arabia, in compliance with local sourcing mandates.

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Invenergy commences operations of 250 MW solar project in Ohio

Invenergy has commenced operations of the Hardin III solar energy center. The project has a capacity of 250 MW and is situated in Hardin County, Ohio. WEC Energy Group is the majority owner of the solar facility. Additionally, Microsoft will purchase the electricity and renewable energy credits generated at the facility through a power purchase agreement. The solar facility is expected to generate $180 million of new investment in Hardin County.

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bp to develop 240 MW solar project in Azerbaijan

bp, along with its partners has entered into a series of agreements in Azerbaijan. The agreements include final investment decisions (FID) for the development of the Shah Deniz Compression project, the Shafag solar, and the Sangachal terminal electrification projects. The Shafag solar project has a capacity of 240 MW. The renewable electricity generated by the solar project in Azerbaijan’s Jabrayil district will be supplied to the grid operator AzerEnerji.

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TotalEnergies acquires pipeline of solar and battery projects in UK

TotalEnergies has acquired a pipeline of 8 solar projects with a capacity of 350 MW and 2 battery storage projects with a capacity of 85 MW from Low Carbon. The solar projects are in the advanced stage of development and are expected to be operational by 2028. Furthermore, the solar projects will produce over 350 GWh/year of renewable electricity. The renewable electricity produced is equivalent to the electricity consumption of around 1,00,000 UK households.

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Avangrid achieves commercial operations of the 202 MWdc solar project in Ohio

Avangrid has achieved commercial operations of the Powell Creek Solar project in Putnam County, Ohio. The project has a capacity of 202 MWdc (150 MWac) and is capable of generating electricity to power the equivalent of 30,000 homes annually. The project consists of over 300,000 solar panels and reached commercial operation in April. Furthermore, the project is anticipated to contribute an estimated $31 million to local taxing jurisdictions over its lifetime.

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Waaree Solar Americas inks 586 MW module supply agreement

Waaree Solar Americas, a wholly owned US subsidiary of Waaree Energies Limited, has inked a 586 MW solar module supply agreement with a US-based independent power producer. The project is valued at $176 million. The modules will be manufactured in the company’s facility in Brookshire, Texas, and are scheduled for delivery during the financial year 2026-27 across four projects. The modules will leverage several domestically produced components.

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Solar Power Outlook for United States and Mexico

Solar dominated new electric generating capacity added to the US. grid in 2024, accounting for two-thirds of all new capacity. This is the fourth consecutive year that solar was the leading source of new electric generating capacity. In 2024, Mexico’s solar PV market installed 1.6 GW, a 3% decrease compared to the 1.65 GW added in 2023 but a 37% increase over the 1.18 GW added in 2022. Total operating capacity in the country reached 12.6 GW, which constitutes a growth of 15% from 2023.

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ACWA Power to develop energy projects in Malaysia 

ACWA Power has inked a memorandum of understanding (MoU) and strategic partnership agreements (SPA) with key Malaysian entities. The company has inked an MoU with the Malaysian Investment Development Authority (MIDA) for the development of up to 12.5 GW of power generation capacity by 2040. The SPAs and heads of terms have been inked for joint development agreements with Tenaga Nasional Berhad (TNB), Terengganu Inc., and UEM Lestra.

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Arevon Energy secures $98 million tax equity commitment for solar projects in Indiana

Arevon Energy has secured a $98 million tax equity commitment for its Ratts 1 and Heirloom solar projects. The tax equity commitment has been secured from Fifth Third Bank. The projects will add 265 MW of new domestic energy to Pike County, Indiana. Ratts 1 solar project has a capacity of 192 MWdc, and the Heirloom solar project has a capacity of 73 MWdc. The projects are expected to be fully operational later in 2025.

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Clean Energy for ASEAN’s Digital Growth: Report

This report by EMBER concludes that ASEAN’s data centre industry is expanding rapidly, driven by global digitalisation trends like cloud computing and generative AI. This growth, while critical for the region’s digital economy, is fuelling a sharp rise in electricity demand and greenhouse gas emissions due to heavy reliance on fossil fuel-based grids. This poses a significant threat to ASEAN’s energy transition agenda, risking setbacks of power sector decarbonisation. Governments should place the issue of sustainability, especially the energy transition, at the forefront of efforts to achieve a digital leap and transform national economies.

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State of US Clean Energy Manufacturing: Report

The report “The State Of Clean Energy Manufacturing” by American Clean Power summarises that American clean power is leading a manufacturing renaissance across the country. Solar cells and modules made in Ohio, manufactured steel in New Mexico, advanced batteries in West Virginia, offshore service vessels built in Louisiana, and wind turbine blades in Iowa are just a few examples of the output from the 200 manufacturing facilities actively building primary clean power components to supply booming U.S. demand for new energy.

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RGE and TotalEnergies ink agreement to develop solar and battery energy storage project in Indonesia

RGE and TotalEnergies have entered into a co-investment agreement to develop, build, and operate a solar photovoltaic power plant with a battery energy storage system in Riau Province, Indonesia. The two companies have entered into this agreement through their equally owned joint venture, Singa Renewables. The utility-scale project will be constructed in phases. Upon completion, the project will provide clean solar energy export to Singapore.

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South Korea launches solar and offshore wind tender

South Korea’s Ministry of Trade, Industry, and Energy (MOTIE) has launched tenders for 1 GW of solar and 1.25 GW of offshore wind projects. The ministry will open a solicitation for fixed-bottom offshore wind projects by June. After that, it will determine the quotas for floating offshore wind and onshore wind capacity. Out of the total 1.25 GW on offer, approximately 500 MW will be reserved for public-led offshore wind bidding.

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Renewables point the way to Mexico’s energy security

Mexico’s energy security and affordability are at risk due to its high dependence on imported gas. 74% of domestic gas demand and 54% of the electricity generated in Mexico depend on gas purchased from the United States, making the country, its economy, and its citizens extremely vulnerable to potential geopolitical conflicts and price volatility. Achieving 45% clean energy by 2030 would reduce the country’s dependence on imported gas from the US for electricity generation by 20%. This growth in clean generation, based on the installation of 46 GW of solar and wind energy, would make it possible to avoid any investment in the construction of new combined-cycle power plants.

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Boralex inks contracts for 450 MW solar projects in New York

Boralex has entered into a renewable energy standard agreement with the New York State Energy Research and Development Authority (NYSERDA). Under this agreement, Boralex will procure Tier-1 renewable energy certificates (RECs) from its 250 MW Fort Covington solar project and 200 MW Two Rivers solar project. The projects have a total capacity of 450 MW. The solar projects are situated in New York.

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METLEN gets new solar and storage EPC contracts in UK

Metlen Energy & Metals (METLEN) has inked new engineering, procurement, and construction (EPC) contracts for renewable energy projects in UK with a combined capacity of 313.4 MW. The contracts are for five solar parks and one battery energy storage system (BESS). Construction on the projects is set to commence at various stages throughout 2025, and all units are expected to be completed by the end of 2026.

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Iberdrola España to supply 120 GWh renewable energy to Tubos Reunidos Group in Spain

Iberdrola España has inked a long-term power purchase agreement (PPA) with Tubos Reunidos Group. Under this agreement, Iberdrola España will supply 120 GWh of renewable energy to the production centres of Tubos Reunidos Group in Álava and Vizcaya for a period of 10 years. The total of 120 GWh of renewable energy will be supplied over the term of the contract from approximately 10 MW of Iberdrola España’s solar photovoltaic portfolio.

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JinkoSolar to supply modules for 100 MW solar project in Azerbaijan

JinkoSolar has inked a module supply agreement with HuanTai Energy for the Gobustan solar project in Azerbaijan. The 100 MW solar project will adopt JinkoSolar’s N-type TOPCon modules. The modules have technical advantages including higher power output per watt, superior all-weather performance, and greater overall energy yield. They can ensure stable and efficient performance even under extreme conditions.

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