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.
Australia eyes AUD 1 trillion in clean energy exports by 2060
The Superpower Institute, an Australian nonprofit think tank, says the nation’s clean energy export revenue could reach AUD 700 billion ($457 billion) based on current output levels, with potential growth pushing the figure to AUD 1 trillion by 2060.
U.S. International Trade Commission to investigate Runergy, Adani for patent infringement
In response to a complaint filed by Trinasolar US, the ITC intends to determine whether Runergy and Adani illegally infringe Trinasolar’s TOPCon patents.
Chinese PV Industry Brief: JA Solar enters hydrogen business
JA Solar says it has launched a hydrogen business with the establishment of JA Hydrogen, a new unit based in Beijing with CNY 100 million ($13.8 million) of registered capital.
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.
The MENA region – the next hot market for energy storage!
“The MENA region – the next hot market for energy storage?” I asked in an article back in October 2017. It took a bit longer than I expected, but seven years later it’s time to replace the question mark with an exclamation mark. It’s hot indeed.
Looming Trump tariffs drive rush on imports, push shipping costs higher
Freight costs are rising as businesses rush to import goods ahead of higher tariffs promised by US President-elect Donald Trump on Chinese and European products.
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).
3Sun earns TÜV Rheinland certification, clearing way for PV module sales
Italian heterojunction module manufacturer 3Sun says it started production at its factory in Catania, Italy, in September.
