Solar energy

JPMorgan, Brookfield see deals revival for clean energy assets

The IEA forecasts renewable energy, particularly solar, to grow faster than any other major source of electricity generation to 2035

The latest development, though not quite a failure of the sector’s consolidation efforts, nevertheless highlights challenges for an industry facing prolonged losses.

China warns solar firms on monopoly risks amid consolidation bid

Measures such as raising industry standards and gradually phasing out subsidies are also likely to continue

Silver demand from the solar sector is expected to fall as more producers shy away from the metal’s costs.

Longi joins China solar push to cut costs by reducing silver

The shift comes as solar manufacturers struggle with overcapacity and intense competition

The company acquired, ReNew Sun Bright, owns and operates a 300 megawatt solar power asset in India.

Sembcorp acquires Indian solar power project for S$246 million

The company’s gross renewable energy capacity installed and under development in India has now climbed to over 7.6 GW

The three South-east Asian markets have strong electricity demand growth, says Claire Jarratt, head of investment management at InfraCo, PIDG’s project development solution.

PIDG, August Energy look to fill gap for ‘patient capital’ in South-east Asian clean energy

Their US$30 million joint venture will focus on Thailand, Vietnam and the Philippines

The solar industry’s capacity reached levels capable of satisfying global demand roughly twice over, figures from earlier this year showed.

China solar industry’s losses narrowing on overcapacity push, association says

The deficit still comes up to 6.42 billion yuan in the July-to-September period

An illustration of a solar overhang structure. The planned photovoltaic system will be built across the spaces between multi-storey industrial buildings.

Singapore to pilot ‘overhang’ solar power structure, as it nears deployment target

The Republic is more than halfway to its 2 GWp target, equivalent to the annual electricity needs of about 350,000 households

Malaysia aims to have 70% of its installed power capacity be renewables by 2050, from about 26% last year, according to BloombergNEF.

Google signs solar power pact in Malaysia with Shizen Energy

The agreement highlights efforts by global tech firms to decarbonise their energy-intensive operations such as data centres

The UK government wants to more than double deployment by 2030 to meet its clean power targets.

UK homes install solar at fastest pace since 2015 as prices drop

UK HOMES are installing solar panels at their fastest rate in a decade as the technology’s cost continues to fall.

Solar panels in Hwange National Park, Zimbabwe. The Global South holds 70% of the world’s wind and solar potential, and 50% of the minerals necessary for the energy transition.

The climate action that matters is in the Global South

But innovation still has to outpace climate impacts