Solar Energy
News & Press Releases
Alliance Made on Renewable Energy Corridor in Malaysia
The World Bank Group, through the International Finance Corporation, and with Permodalan Darul Ta’zim - PDT, Johor State’s strategic investment arm, as well as Ditrolic Energy, have gone on to enter into a collaboration in order to develop the...
Europe
Spain Unveils €2bn Package to Advance Energy Transition
Spanish Minister for Ecological Transition Sara Aagesen has introduced a €2 billion aid package designed to reinforce Spain’s industrial value chain while accelerating the country’s broader energy transition ambitions. The initiative draws primarily on the Recovery, Transformation and Resilience...
Europe
Statkraft Inaugurates Germany’s Largest Solar Hybrid Plant
Statkraft, Europe’s largest renewable energy producer, has inaugurated Germany’s largest solar battery storage hybrid power plant under the Renewable Energy Sources Act (EEG).
Located in Zerbst, Saxony-Anhalt, the facility represents a major milestone in Statkraft’s role within the country’s clean...
Companies
Consortium to Build First Solar Hydrogen Park in Belgium
A consortium of four companies has announced plans to build the world’s first solar hydrogen park in Wallonia, Belgium, marking a milestone in advancing commercial-scale hydrogen technology. The facility, set to begin operations in 2026, will be powered by...
Renewable Energy
Global Rooftop Solar PV Market to Reach $178.7 Bn by 2032
The global Rooftop Solar PV Market is undergoing a transformative period as the adoption of renewable energy technologies accelerates. Driven by declining installation costs, supportive government policies, and growing environmental consciousness, rooftop solar systems are becoming an increasingly attractive...
Asia
Saudi Arabia Awards Renewable Energy Contracts Worth $2.4B
Saudi Arabia has signed renewable energy contracts exceeding 9 billion Saudi riyals ($2.4 billion) as part of its broader agenda to expand clean power generation while maintaining low production costs.
The Saudi Power Procurement Company (SPPC) awarded the deals across...
Renewable Energy
Global Solar Potential and Growth Trends Across Regions
The accelerated rise of solar marks a definitive shift in the global energy mix. It’s not simply about technological innovation, although advances in module efficiency, digital controls, and large-scale storage have been critical. The story is also one of...
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