Indonesia is one of the Southeast Asian countries that enjoys higher than long-term average solar irradiance. Image: Quantum Power. In 2023, solar irradiance in Southeast Asia is projected to exceed the long-term average by 10%. According to Solargis, a provider of weather data and software, last year witnessed a remarkable 10% increase in solar irradiance …

Solar Brilliance: Southeast Asia’s 10% Surge in Irradiance Forecast for 2023 Read More »

The net proceeds will be used to repay an existing revolving credit facility. Image: Aquila European Renewables Renewables investor Aquila European Renewables has secured a €50 million (US$54.7 million) debt facility through a 180MWp solar PV portfolio in Spain. Aquila European Renewables has announced its plan to utilize the net proceeds from a five-year non-recourse debt facility, …

Aquila European Renewable Energy Funds 180MWp Solar Portfolio Credits Read More »

Portugal Achieves Record-Breaking Renewable Energy Consumption in 2023 According to Redes Energéticas Nacionais (REN), Portugal’s national grid operator, renewables accounted for 61% of electricity consumption last year, marking the highest percentage ever recorded in the country’s energy system. In 2023, renewable energy production in Portugal reached 31.2TWh, with wind energy leading the way by supplying …

Portugal’s Renewables Production Hit Record In 2023 Read More »

In 2023, Germany witnessed a significant increase in solar capacity, with approximately 14GW added throughout the year. The residential segment accounted for nearly half of these new installations. According to the German Solar Industry Association (BSW), solar additions in Germany grew by approximately 85% compared to the previous year. In 2022, German developers added around …

Germany Added 14GW of New Solar Capacity in 2023 Read More »

TotalEnergies has 41.3GW of operational, under-construction and power purchase agreement-contracted projects. Image: TotalEnergies The top ten utility-scale solar developers from across the globe accounted for 145GW of operational, under construction and contracted projects between July 2022 and June 2023, with French energy giant TotalEnergies being the top solar developer, according to research firm Mercom Capital …

Top 10 Global Solar Developers Boast 145gw Of Pv Projects Read More »

Standard Solar aims to propel solar energy adoption in Virginia with the acquisition of a 12 MW community solar project portfolio from New Leaf Energy. These projects in Chatham and Kilmarnock mark the company’s debut in Virginia’s community solar market. “These community solar projects are more than just an important addition to our portfolio; they represent our …

Standard Solar Acquires 12 Mw Project Portfolio In Va. To Expand Community Solar Footprint Read More »

An artist’s impression of the Cirata floating solar project, currently under construction in Java. Image: Masdar The Indonesian government has published a draft of its Comprehensive Investment and Policy Plan (CIPP) to set out Indonesia’s decarbonisation initiatives to 2050, which include reaching net zero and expanding the country’s installed solar capacity to 264.6GW by the …

Indonesia Plans To Install 264.6gw Of Solar Capacity By 2050 Read More »

Scottish Renewables, a major renewable energy lobby group, says it welcomes the claim that the Scottish government might increase the nation’s total installed PV capacity by 4 GW to 6 GW by 2030. Scotland’s STV News reported this week that the Scottish government has made a commitment to deploy between 4 GW and 6 GW of solar …

Scottish Lobby Group Praises Purported Plan To Install 4-6 Gw Of Solar By 2030 Read More »

Central European integrated solar producer R.Power and French asset manager Eiffel Investment Group partnered to develop over 1 GWp of ground-mounted solar projects in Romania, 12th biggest country in Europe with a population of around 19 million. As per the partnership agreement, R.Power will bring more than 50 solar projects at different stages of development, and …

R.Power, Eiffel Investment Group partner to develop 1 GWp of solar in Romania Read More »