India on track to hit 132 GW of solar by 2026, says ICRA
ICRA, an Indian credit rating agency, says India could add 22 GW of solar capacity in fiscal 2025 and 27.5 GW in fiscal 2026, pushing the nation’s total installed PV capacity to 131.5 GW by March 2026, up from 82 GW as of March 31, 2024.
The Hydrogen Stream: EU offers financial support for renewable H2 auction
The European Commission, Austria, Lithuania, and Spain have announced new financial support measures for renewable hydrogen development as the European Union prepares for the second European Hydrogen Bank auction.
Benin starts building 25 MW PV plant
Benin has started construction of the 25 MW Forsun PV plant, which is set to join the Defisol and TTC projects to expand the Illoulofin Solar Power Station’s total capacity to 75 MW. The government said the project is backed by a $25.8 million investment.
Grenada launches 15.1 MW utility-scale PV tender
Grenada is seeking an independent power producer (IPP) to build and operate a 15.1 MW utility-scale PV project for 25 years. The plant, planned near Maurice Bishop International Airport, will supply about 40% of the island’s peak load.
ADB to provide $160 million to finance 760 MW of solar in Azerbaijan
The Asian Development Bank (ADB) has agreed on a $160 million financing package for two solar projects in southeastern Azerbaijan, totaling 760 MW. Abu Dhabi-based Masdar is co-developing the project with a subsidiary of State Oil Company of Azerbaijan (Socar).
Australian farmers, communities forecast to benefit from clean energy shift
Payments to farmers and landholders hosting large-scale renewable energy projects across Australia’s main electricity grid are expected to top AUD 1 billion ($651.2 million) by 2030 and could reach up to almost AUD 10 billion by 2050.
Lithuania bans remote Chinese access to solar, wind, storage devices
Lithuania has decided to tighten its cybersecurity laws, banning manufacturers from countries deemed national security threats, including China, from remotely accessing management systems of solar, wind, and storage facilities. The European Solar Manufacturing Council has backed the move.
Austrian utility building 164 MW agrivoltaic plant
Burgerland Energie says it is building a 164 MW tracker-based agrivoltaic facility near Tadten-Wallern on Lake Neusiedl, southeastern Austria.
DEWA seeks advisory services for large-scale solar-plus-storage
The Dubai Electricity and Water Authority (DEWA) has launched a tender seeking advisory services from independent power producers for a 1.6 GW solar plus 1 GW battery energy storage system project. The deadline for applications is Dec. 17.
Horizon Power projects cut diesel reliance in remote towns with solar, BESS
Horizon Power, in partnership with Pacific Energy, has completed six federally funded solar and battery energy storage systems (BESS) under its Midwest solar program in Western Australia.
