Solar and wind together overhaul global hydro capacity
The latest set of clean energy statistics compiled by the International Renewable Energy Agency signal a changing of the guard when it comes to clean power, with legacy hydropower facilities overtaken by new intermittent renewables.
Vietnam sees 350 MW solar park come online
Chinese inverter maker Sungrow revealed a 350 MW solar facility was energized in Loc Ninh County, Binh Phuoc Province. The project secured a FiT of $0.0709 per kWh.
Sunseap connects 23 MW in Vietnam under FIT regime
The developer said it installed and commissioned seven solar rooftops in just three months despite Covid-19 travel restrictions.
SN Power acquisition secures 10.5 GW pipeline for developer Scatec
The renewables business formerly known as Scatec Solar has added a 2.5 GW hydropower portfolio in Asia and sub-Saharan Africa and also added its first wind farm while reporting a consolidated loss of almost $43 million for the year.
Jenny Chase predicts up to 194 GW of solar this year
Falling module prices will help PV post another record year after an estimated 132 GW was installed worldwide in 2020, according to an energy transition investment trends report published by Bloomberg New Energy Finance.
IFC says green recovery could drive $2.5tn renewables market this decade
The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.
Vietnam sees 70 MW of floating PV come online
Two 35 MW floating facilities were deployed on the Gia Hoet 1 and Tam Bo irrigation lakes in the Chau Duc district commune of Quang Thanh.
Vsun to build 4 GW panel factory in Vietnam
Through the new factory, the company’s total module production capacity will be raised to 6.6 GW. The manufacturing facility will also have a cell capacity of 2 GW.
Seraphim announces new module production in Vietnam
Chinese tier-1 manufacturer Seraphim announced plans for a new factory in Vietnam. The module assembly facility will have 750 MW total capacity and is expected to serve both local and international demand.
India ranked the world’s most attractive PV market by Ernst & Young
The latest edition of the accountant’s renewables attractiveness index has placed the nation in top spot for photovoltaics, helping it to fourth spot for overall clean energy investment. Mexico has been hammered by the government’s attitude to clean power and France has also slipped, four places.
