Wood Mackenzie reports South America to add 160 GW solar PV by 2034
The report by Wood Mackenzie showed Brazil and Chile led South America's solar growth, with 78% of installations shifting toward hybrid projects.
The report by Wood Mackenzie showed Brazil and Chile led South America's solar growth, with 78% of installations shifting toward hybrid projects.
A 300 MW multi-year PV cell supply deal between ES Foundry and Bila Solar boosts US PV manufacturing, strengthens the domestic supply chain and supports ITC incentives.
ASCENT project in Somalia opened bids for a 55 MW solar plant with 160MWh storage at Jazeera Power Plant. The bidding deadline is April 14, 2025.
The Union Budget 2025-26 introduced the National Manufacturing Mission to support domestic production in solar, EV batteries, and wind energy and reduce import reliance.
Masdar and EWEC are developing the world’s first 24/7 solar PV and battery storage gigascale project in Abu Dhabi, with L&T selected as the north site’s EPC contractor.
The Invitation for Bids for NTPC’s 630 MW solar project in Bareth, Madhya Pradesh, has been updated. The new deadline for submissions is November 14, 2024. More details here.
Indonesia’s state-owned PLN partners with ACWA Power for the 60 MW Saguling Floating Solar PV Project. More project details here.
ORLEN Group has acquired two solar farms and a wind farm, increasing its renewable capacity by nearly 30%. Read more about this deal here.