Zimbabwe seeking contractor for 5 MW of solar
The Infrastructure Development Bank of Zimbabwe (IDBZ) has started accepting bids for a turnkey engineering, procurement, construction, financing, and operations and maintenance (EPC+F+OM) contractor for a 5 MW solar project.
Moldova’s solar, wind auction oversubscribed by 42 bids
Moldova has received 42 bids for its latest auction to develop large-scale PV and wind projects, far surpassing the available capacity. The auction seeks to allocate 165 MW, with 105 MW for wind and 60 MW for solar.
Solar adds record 452 GW to global renewables capacity in 2024
Global renewables capacity grew by a record 585 GW in 2024, with solar accounting for 452 GW, according to the International Renewable Energy Agency (IRENA). Solar and wind together made up 96.6% of the increase.
International Solar Alliance re-elects India as president
India has been re-elected to hold the presidency of the International Solar Alliance (ISA), with France to serve as co-president, for a two-year term from 2024 to 2026.
Solar manufacturing facing substantial pressures, says IEA-PVPS
The International Energy Agency (IEA) Photovoltaic Power Systems Programme (PVPS) says in its latest report that 2023 was a record-breaking but tumultuous year for solar development. It says the manufacturing industry faces pressure from supply-demand imbalances, with overcapacity causing prices to collapse.
Energy storage more than half of new Italian grid capacity for 2025
Italian electricity transmission system operator Terna has published the results of 2025’s main capacity market auction.
China leads world in PV sector jobs, added capacity
The country accounted for 64% of worldwide jobs in the photovoltaics sector and 63% of added PV capacity last year, according to a new report.
Global average solar LCOE stood at $0.044/kWh in 2023, says IRENA
The International Renewable Energy Agency (IRENA) says the result represents a 12% year-on-year decline. The figure has fallen 90% since the start of 2010.
India to add 21.5 GW of new PV capacity in 2024, says JMK Research
JMK Research says India is on track to install 21.5 GW of solar this year, including 16.5 GW of utility-scale installations, 4 GW of rooftop systems, and 1 GW of off-grid systems.
Microsoft signs 437.6 MW green energy deal with ReNew
India’s ReNew says it has signed a 437.6 MW green attribute contract with Microsoft, supporting the US tech giant’s goal to be carbon-negative by 2030.
