Markets

ReNew Energy Global Plc (ReNew) cut solar equipment prices after India lowered its goods and services tax (GST), which is expected to reduce costs for utility projects, rooftop systems, and farm pumps.

Many homeowners assume leased or loaned solar systems will boost their home’s value, but outstanding loans often drag down equity instead.

The Asian Infrastructure Investment Bank (AIIB) and Industrial Development Bank of Turkey (TSKB) have each contributed $32.5 million toward a senior debt financing package for a 100 MW solar project in southern Turkey.

Extreme weather is no longer a rare event for PV sites across the United States. It’s a costly, recurring reality eroding performance, reliability, and profitability. Wayne Burnett, chief strategy officer and chief technology officer at sensor equipment supplier EKO Instruments, offers insights from projects in hard-hit regions. With lessons learned from the US, Europe, Asia, and the Middle East, he examines how these are shaping best practices for long-term energy yield and resilience.

The annual European Photovoltaic Solar Energy Conference (EU PVSEC) got underway today, this year in Bilbao. Conversations on the first morning focused on the need for strong policy support across multiple areas of renewable energy. While the week is sure to be filled with new ideas on the technological side, it’s clear that ensuring policies to support further growth in renewable energy is a growing challenge. Those working in the solar industry and research community need to reach a wider audience, and one that may not be as easy to convince.

The first phase of the Karbala solar power plant, totaling 22 MW, is now online. Its capacity is expected to reach 75 MW within the next two moves, ahead of a final 300 MW target.

The share of renewables in Australia’s main electricity grid continues to reach new highs, delivering 77.9% of electricity demand on Sunday with solar power contributing more than 55% of the record-breaking clean energy mix.

The Japanese government has launched applications for two targeted funding schemes to accelerate deployment of lightweight perovskite solar tech and incentivize battery-backed systems that enhance grid resilience and economic viability.

The European Bank for Reconstruction and Development (EBRD) is working with Jordanian authorities to support three renewable energy tenders in the country, including a 200 MW solar project and a 100 MWh storage project.

The two parties have signed a joint investment framework agreement to develop, construct and operate 1.5 GW worth of solar-plus-storage projects in Malaysia over the next three to five years.