Author name: Siim

MENA poised to become global solar hub, says WoodMac analyst

MENA poised to become global solar hub, says WoodMac analyst

Governments and manufacturers are shifting rapidly towards a vertically integrated model that mirrors China’s approach, incorporating upstream materials to reduce import dependence. According to Hryshko, the region is on pace to achieve module self-sufficiency by 2026, marking a decisive shift in global solar supply dynamics. Government policies driving growth  Interestingly, according to Hryshko, there are no

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China to add 180-240GW of new solar PV capacity in 2026, down from 315GW in 2025

China to add 180-240GW of new solar PV capacity in 2026, down from 315GW in 2025

Latest Features , Interviews , Long Reads Features , Editors’ Blog , Long Reads Wang Bohua, honorary chairman of the CPIA, said 2026 will bring an era of ‘value competition’ for China. Image: CPIA. China expects to add 180-240GW of new solar PV capacity in 2026, around one-third of the 500-667GW of capacity that is

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MNRE adds 3GW of solar cell capacity to ALMM List-II, reaching 26GW

MNRE adds 3GW of solar cell capacity to ALMM List-II, reaching 26GW

Bengaluru headquartered Evervolt, a subsidiary of Evervolt Green Energy, has been included in the updated list with 1,074MW of cell manufacturing capacity. The company operates a facility in Tirupati district, Andhra Pradesh, producing bifacial monocrystalline passivated emitter rear contact (PERC) cells in a 182.2mm × 182.2mm format with a 10-busbar configuration.   The approved model, EVT-M10-BR-PERC, delivers an average conversion efficiency of 23.10%

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Power Minister defends solar net metering changes, Senate defers rooftop solar resolution

Power Minister defends solar net metering changes, Senate defers rooftop solar resolution

ISLAMABAD: Federal Minister for Power Sardar Awais Khan Leghari on Tuesday defended recent regulatory changes to solar net metering, telling the Senate that the proposed measures were regulatory adjustments rather than a departure from Pakistans renewable energy policy. He was responding to a resolution moved by Senator Dr Zarqa Suharwardy Taimur, which called for protecting

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FinDev Canada commits US$56 million loan to 396MW Peruvian solar project, country’s largest

FinDev Canada commits US$56 million loan to 396MW Peruvian solar project, country’s largest

Latest Features , Editors’ Blog , Long Reads The Illa project will be the largest in Peru upon completion. Image: FinDev Canada. FinDev Canada, the country’s bilateral development finance institution, has announced a US$56 million loan to support the development of a 396MW solar PV project in Peru. The loan will go towards Energía Renovable

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ACME, Ceigall secure 220MW solar-plus-storage contracts in Madhya Pradesh

ACME, Ceigall secure 220MW solar-plus-storage contracts in Madhya Pradesh

Designed to deliver up to four hours of peak power daily with a 35% capacity utilisation factor, the project is scheduled to begin construction in 2026 and reach commercial operation between 2027 and 2028.   Renewable energy company Ceigall India secured the project through a tariff-based competitive bidding process. The winning tariff was INR2.70 per kWh, implying a total project value of

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Inside European solar: Strong fundamentals, global opportunities and grid challenges

Inside European solar: Strong fundamentals, global opportunities and grid challenges

“Some fundamentals remain,” said Daniel Machuca, global head of project finance at Sonnedix, during a panel discussion. “Long-term stability, mitigation of the construction risk and mitigation of the counterparty risk for PPAs are key. Lenders and institutional investors will look to invest in proven technologies, [and] do analysis based on the due diligence that is

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