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04 June 2025
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Jun 04, 2025Renewable Energy Magazine
The agreement includes a forward sale to commercial operation date (COD) of projects with a total capacity of 145 MW; and a platform with a greenfield portfolio with an additional capacity of 86 MW.
Over the past two months, Greenvolt Group had already announced the sale of other utility-scale projects in Poland, totalling €333 million. With this latest transaction in Spain, the Group’s total asset sales in 2025 now reach approximately €530 million.
“This transaction in Spain, which follows recent divestments in Poland, clearly demonstrates Greenvolt’s ability to develop large-scale renewable projects at various stages and across different technologies. These projects effectively attract market interest and enable us to capitalise on our asset rotation strategy, while continuing to build a robust project pipeline”, said João Manso Neto, CEO of Greenvolt Group.
Greenvolt continues to pursue its strategy of rotating 70–80% of its large-scale projects at Ready-to-Build (RtB) or COD (Commercial Operation Date) phases. The Group currently holds a 13.2 GW pipeline across 18 countries, aiming to bring at least 5.3 GW to RTB by the end of this year.
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Longi And Pertamina Nre To Set Up 1.6 Gw Solar Panel Plant In IndonesiaLONGi has partnered with Pertamina New & Renewable Energy (Pertamina NRE) to establish a solar panel manufacturing facility in Indonesia.
The plant will be located in Deltamas, West Java, and will have an annual production capacity of 1.6 GW. It will deploy LONGi’s hybrid passivated back contact 2.0 technology. Manufacturing preparations are scheduled to commence by June 2025. The project is aimed at enhancing Indonesia’s domestic solar manufacturing capacity and advancing its national energy transition goals.
Powerline
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26 June 20251 min readLongi And Pertamina Nre To Set Up 1.6 Gw Solar Panel Plant In Indonesia
Powerline
26 June 2025
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Adani Group Plans Usd15–20 Billion Annual Investment To Achieve 100 Gw Power Capacity By 2030Reportedly, Adani Group has announced plans to invest USD15–20 billion annually over the next five years to expand its total power generation capacity to 100 GW by 2030.
The targeted capacity will comprise a mix of thermal, renewable, and pumped hydro sources. In 2024-25, the group invested over USD14.65 billion, with energy infrastructure being a key focus area. The expansion aligns with the group’s strategy to deepen its presence across the energy value chain and support India’s clean energy transition.
Powerline
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26 June 20251 min readAdani Group Plans Usd15–20 Billion Annual Investment To Achieve 100 Gw Power Capacity By 2030
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26 June 2025
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Indian State Utility To Deploy 1.07 Gw Of Solar For IrrigationFrom pv magazine India
MAHAGENCO will soon commission 1,071 MW of solar power projects. The installations will provide uninterrupted daytime electricity for irrigation, benefiting more than 300,000 farmers across the Indian state of Maharashtra and reduce reliance on conventional power sources.
The projects fall under the Maharashtra government’s Solar Agriculture Feeder Scheme 2.0, which aims to support farmers’ financial growth through sustainable energy and reduce electricity service costs. Under the program, distributed solar projects dedicated to agricultural use are being connected to the grid.
The state plans to solarize about 30% of agricultural feeders by 2025 as part of Mission 2025. Solar plants ranging from 0.5 MW to 25 MW will be located within a 5–10 km radius of distribution substations with agricultural loads.
GEAPP India will provide a Project Monitoring Unit (PMU) and a digital platform to support implementation. The platform will manage data collection, track progress, and streamline project management.
A Joint Committee, including all key stakeholders, will oversee timely completion and provide guidance on the Solar Agriculture Feeder Scheme 2.0. GEAPP India and MAHAGENCO will jointly develop a central dashboard to monitor land acquisition and project execution. Stakeholders will receive training to use the dashboard effectively.
MAHAGENCO, a wholly owned subsidiary of Maharashtra State Electricity Generation Co. Ltd, is one of India’s largest state-run power producers, with an installed capacity of about 13,880 MW. It operates thermal, gas, hydro, and solar generation assets and is increasing its focus on renewables to lower electricity costs and reduce carbon emissions.
GEAPP India is the Indian arm of GEAPP LLC, a global initiative backed by the Rockefeller Foundation, IKEA Foundation, and Bezos Earth Fund. It supports developing nations in accelerating just energy transitions and focuses in India on scalable, distributed clean energy deployment.
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PV Magazine
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26 June 20252 min readIndian State Utility To Deploy 1.07 Gw Of Solar For Irrigation
PV Magazine
26 June 2025
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Gcl Optoelectronics Finishes 1 Gw Perovskite Pv Module Factory In ChinaGCL Optoelectronics, a unit of GCL Group, has officially commissioned its perovskite photovoltaic module base in Kunshan, China's Jiangsu province. It is the world’s first gigawatt-scale manufacturing facility for perovskite solar modules.
The first phase of the plant, with a nameplate capacity of 1 GW, broke ground in May 2024 and was completed in just over a year. The second phase will expand capacity to 2 GW, depending on market demand. With a total planned investment of CNY 5 billion ($696.9 million), the facility will serve as GCL’s global R&D headquarters and the future listed platform for its perovskite operations.
The Kunshan plant builds on GCL’s early position in perovskite technology, following the launch of its 100 MW pilot line in 2021. The company has since achieved several technical breakthroughs, including certified single-junction module efficiency of 19.04% and tandem cell efficiency of 29.51%, placing it among global frontrunners.
GCL’s large-format modules, measuring up to 1.2 meters by 2.4 meters, are the largest of their kind and have passed TÜV Rheinland’s triple IEC stability certification.
To accelerate innovation, GCL has partnered with Suzhou Laboratory and Soochow University to establish the world’s first AI-driven high-throughput perovskite research center, located on-site. The lab integrates artificial intelligence with high-throughput experimentation to optimize materials formulation and process design.
The company said its modules have already undergone field validation in diverse environments, including high-altitude sites in Qinghai province, demonstration projects in the Gobi Desert, and coastal building-integrated photovoltaics (BIPV) pilots. These projects reportedly demonstrate the adaptability of GCL’s perovskite technology to extreme UV radiation, temperature swings, and saline or dusty conditions.
GCL plans to scale up production through a dual-track strategy of mass manufacturing and application-specific demonstrations. It is also exploring integration of perovskite modules with long-duration storage and green hydrogen systems to support a vertically integrated low-carbon energy ecosystem covering solar power, green chemicals, and data computing.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
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26 June 20252 min readGcl Optoelectronics Finishes 1 Gw Perovskite Pv Module Factory In China
PV Magazine
26 June 2025
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Bw Ess And Ibersun Join Forces For 2.2 Gw Bess Project In SpainBW ESS and Ibersun have formed a joint venture to develop utility-scale battery energy storage system (BESS) projects across Spain. The joint venture of the companies is targeting greenfield, four-hour duration assets. It will progress with an initial 2.2 GW pipeline of eight projects.
The two companies will have equal ownership in the projects. Ready-to-Build status for the projects is expected to be achieved within two years. Furthermore, the partners anticipate pursuing a diverse range of revenue generation strategies.
Earlier in May 2025, BW ESS secured debt financing for the 100 MW/331 MWh Bramley battery energy storage system asset in Bramley, Hampshire. Under this agreement, the Australian bank Westpac and UOB will contribute 50 per cent each for the debt facility. The BESS project benefits from a market-first seven-year tolling agreement with Shell Energy Europe. It was inaugurated in February 2025.
Renewable Watch
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25 June 20251 min readBw Ess And Ibersun Join Forces For 2.2 Gw Bess Project In Spain
Renewable Watch
25 June 2025
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Ireland’S Solar Capacity Hits 1.76 GwThe new “Scale of Solar 2025” report by Solar Ireland claims Irish solar has grown by almost 160% since 2023, with the country’s installed PV capacity increasing by 156.8% in two years. The report is based on grid-connection and capacity data from Ireland's distribution system operator, ESB Networks, dating to May 31 of this year.
Despite the promising growth, Ireland currently remains well behind its 2030 target of 8 GW of installed PV. Its total installed solar capacity was 1.76 GW at the end of May.
Utility-scale solar farms make up the backbone of the new capacity, delivering power directly to the grid. The report said micro-generation and small-scale solar power is also making a difference to the sector’s overall growth, particularly as government support schemes incentivize people to install solar for self-consumption.
Ronan Power, CEO of Solar Ireland, said “2025 marks a pivotal moment – not just for solar, but for how we define its place in Ireland’s energy future … In just a few years, we’ve seen solar move from the sidelines to the center of national energy policy.”
Utility-scale solar’s growth trajectory is strong. Ireland’s first large-scale solar farm was energized in County Meath in 2022. In 2025, there is currently 885 MW installed across 19 sites, compared to 349 MW in 2023. There is currently 752 MW in the pipeline across 30 projects.
Solar Ireland’s report notes that installations in the commercial and industrial (C&I) sector are particularly impactful because they are large enough to provide cost reductions in energy bills and carbon footprints but small enough – 200 kVA to 1 MW – to avoid grid connection challenges. As of mid-2025, 2.29 MW of capacity is connected across seven sites, up from 0.3 MW in 2023.
Small scale solar (50 kVA to 200 kVA) installed by businesses, schools, farms and on public buildings is also growing thanks to government support schemes such as Solar for Schools, a subsidy program targeting solar for rooftops on schools nationwide. As of mid-2025, Ireland has 40 MW of connected capacity across 328 energized connections in the small-scale category.
Mini-generation systems (17-50VA) designed for self-consumption provide energy independence for small businesses and homes, making a positive impact on the rural economy. According to Solar Ireland, users include dairy and tillage farms, rural agricultural food producers, cold storage facilities, community buildings and sports clubs.
As of mid-2025, Ireland has 55 MW of mini-generation capacity connected across 2,050 energized connections, more than double the number of sites recorded the year before. This growth has been driven by improved grant access, simplified grid connection options and growing awareness in the agricultural sector.
A tennis club saved €6,000 per year on electricity bills and recorded a 20% drop in grid energy consumption thanks to a fully grant-supported installation of 19 solar panels and a Huawei hybrid inverter as part of a partnership with Irish installer Ohk Energy in 2024.
By mid-2025, Ireland had 135 MW of operational auto-production capacity (solar solely for self consumption) across 840 energized connections, up from 95 MW in 2023. This type of generation is mainly used by data centers, water treatment plants, large commercial campuses, land-rich businesses not suited to rooftop installations and agricultural businesses with high thermal or refrigeration loads.
In the micro-generation bracket, by mid-2025 more than 138,000 homes were generating their own electricity, representing 576 MW of installed capacity. National estimates suggest that more than a million rooftops in Ireland are suitable for solar. However, estimates say that just 13.8% of Ireland’s solar-ready rooftops have already been adapted.
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PV Magazine
powerplant
25 June 20254 min readIreland’S Solar Capacity Hits 1.76 Gw
PV Magazine
25 June 2025
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Maharashtra’S Solar Surge: Mahanirmiti To Roll Out 1.07 Gw Clean Energy Projects – EqIn Short : Renewable energy developer Mahanirmiti has announced plans to install 1,071 MW of solar capacity across multiple locations in Maharashtra. The projects will support the state’s renewable energy targets while creating local employment opportunities. This development comes as Maharashtra accelerates its transition to clean energy, currently ranking among India’s top solar-producing states with over 7 GW installed capacity.
In Detail :Maharashtra is set to witness a significant expansion in its renewable energy capacity with Mahanirmiti’s latest solar power initiative. The energy developer has announced plans to establish 1,071 MW of solar projects across multiple locations in the state. This major investment comes as part of India’s broader push towards achieving 500 GW of renewable energy capacity by 2030.
The solar projects will be strategically located across Maharashtra to maximize energy generation potential. Mahanirmiti’s development plan includes both utility-scale solar farms and distributed generation systems. This diversified approach will help strengthen the state’s energy infrastructure while supporting local power needs in different regions.
Implementation of these projects is expected to create substantial employment opportunities during both construction and operational phases. Local communities will benefit from job creation in project development, installation, and maintenance roles. The initiative aligns with Maharashtra’s renewable energy policy that emphasizes both large-scale projects and decentralized renewable solutions.
Upon completion, the 1,071 MW solar portfolio will significantly contribute to Maharashtra’s clean energy targets. The projects are projected to offset approximately 1.6 million tons of carbon emissions annually. This environmental benefit supports India’s climate commitments while providing cleaner, more sustainable power to Maharashtra’s growing economy.
The development timeline anticipates construction beginning within the next 12 months. Mahanirmiti’s project pipeline includes advanced solar technologies designed to maximize efficiency and grid integration. These installations will complement Maharashtra’s existing 7 GW solar capacity, further cementing the state’s position as a renewable energy leader.
This expansion represents a crucial step in Maharashtra’s energy transition strategy. By adding nearly 15% to its current solar capacity through these projects, the state demonstrates its commitment to sustainable development. The initiative also showcases how private sector participation can accelerate India’s progress toward its ambitious renewable energy goals.
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EQ Mazagine
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25 June 20252 min readMaharashtra’S Solar Surge: Mahanirmiti To Roll Out 1.07 Gw Clean Energy Projects – Eq
EQ Mazagine
25 June 2025
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New Jersey Launches 2 Gw Energy Storage ProgramThe New Jersey Board of Public Utilities (NJBPU) has approved phase 1 of the Garden State Energy Storage Program (GSESP). It is a multi-phase program designed to deploy 2,000 MW of energy storage by 2030. The program aims to expand the amount of grid-scale energy storage capacity in New Jersey.
Phase 1 of the program will procure at least 1,000 MW of larger projects directly connected to the main power grid through competitive bidding. The first phase consists of two tranches. The first solicitation aims to award 350-750 MW. The second solicitation will be prepared for the first half of 2026. It will secure the capacity remaining to reach the 1,000 MW target for phase 1 of the program.
Furthermore, the second phase is expected to be launched in 2026. It will focus on incentives for smaller energy storage systems connected to local distribution grids. GSESP may have a potential third phase to introduce a performance-based incentive for transmission-scale systems. The third phase is currently being evaluated.
Renewable Watch
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24 June 20251 min readNew Jersey Launches 2 Gw Energy Storage Program
Renewable Watch
24 June 2025
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Rvunl Floats Tender For 1 Gw Bess Projects In RajasthanRajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) has issued a request for selection to set up 1,000 MW/2,000 MWh standalone battery energy storage systems (BESS) at six locations in the state. The projects will receive viability gap funding support from the Ministry of Power. The BESS projects are planned at Chattargarh (200 MW/400 MWh), Bandu (200 MW/400 MWh), Pugal (100 MW/400 MWh) in Bikaner; and Bhawad (300 MW/600 MWh), Bap (100 MW/200 MWh), and Palli (100 MW/200 MWh) in Jodhpur.
According to the tender guidelines, the scope of the project includes setting up the BESS, which will be made available to RVUNL for on-demand charging and discharging. The charging and discharging schedule will be managed by RVUNL or Rajasthan Urja Vikas and IT Services Limited. The systems will be charged using power supplied by Rajasthan Rajya Vidyut Prasaran Nigam Limited. Additionally, the scope also involves establishing an interconnection with the state transmission utility network.. Each bidder will be allotted a maximum of 250 MW/500 MWh. The bidders, including parent, affiliate, ultimate parent, or group companies, must submit a single bid offering one or multiple projects within the allowed capacity.
Selected bidders must bear the complete construction cost up to the interconnection point, which includes transmission lines, bay connections, bus bar extension or augmentation, and protection relay augmentation. Additionally, they must obtain all necessary consents and approvals and provide operations and maintenance services. RVUNL may allot project land on actual charges, or the selected bidders may arrange land themselves, with RVUNL offering assistance in identification and acquisition. The tender is battery technology agnostic but mandates the use of only commercially established and operational technologies. The bidders must submit a money deposit of Rs 210,000 per MWh. The deadline for bid submission is August 4, 2025.
According to the eligibility criteria, the bidders must also have a minimum net worth of Rs 2 million per MWh of the quoted capacity, as of the end of the preceding financial year on the bid opening date.
Renewable Watch
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24 June 20252 min readRvunl Floats Tender For 1 Gw Bess Projects In Rajasthan
Renewable Watch
24 June 2025
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Seci Floats Tender For 1.2 Gw Solar Projects With 3.6 Gwh EssThe Solar Energy Corporation of India Limited (SECI) has invited bids for the development of 1,200 MW of interstate transmission system (ISTS)-connected solar power projects, integrated with 600 MW/3,600 MWh of energy storage systems (ESS). The projects will be implemented on a build-own-operate basis.
According to the tender guidelines, the scope of work includes installation of ESS with a minimum capacity of 0.5 MW/3 MWh for every 1 MW of the contracted solar power. Developers are required to bid for a minimum cumulative capacity of 50 MW and can bid up to a maximum cumulative capacity of 600 MW. The ESS can either be owned by the developer or sourced from a third-party provider. All projects must be ISTS-connected and are to be located at sites selected by the developers at their own cost and risk. Projects can be established at multiple locations with different delivery points. However, the ESS must be co-located with at least one of the project components.
SECI will enter into a 25-year power purchase agreement with the selected developers. Power generated from these projects will be procured by the SECI and sold to various buyers across India through back-to-back agreements, with the SECI acting as the intermediary nodal agency. The last date for bid submission is August 20, 2025.
Renewable Watch
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23 June 20252 min readSeci Floats Tender For 1.2 Gw Solar Projects With 3.6 Gwh Ess
Renewable Watch
23 June 2025
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Waaree Energies To Move 6 Gw Solar Module Project To New Sites In IndiaFrom pv magazine India
Waaree Energies' board has approved a change in the location of its planned 6 GW ingot-to-solar module manufacturing project.
The company secured the project with incentives of INR 19.23 billion ($221.6 million) under the second round of the Indian government’s production-linked incentive (PLI) scheme for high-efficiency solar modules. It was initially planned for Odisha, as stated in the company's October 2024 IPO prospectus. It was to be partially financed through net proceeds from the public issue.
The board approved relocating the manufacturing to multiple sites across Gujarat, Maharashtra and other potential states, citing delays in project execution in Odisha. The revised plan includes a 3 GW module facility in Samakhiali, Gujarat; another 3 GW module facility in Gujarat, Tamil Nadu or other locations; a 6 GW cell facility in Unn, Gujarat; and a 6 GW ingot and wafer facility in Nagpur, Maharashtra.
Waaree Energies said the relocation aims to expedite implementation and ensure effective use of IPO proceeds. The company added that the overall capital outlay for the new plan remains unchanged and provided a breakdown of the planned capital expenditure.
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23 June 20252 min readWaaree Energies To Move 6 Gw Solar Module Project To New Sites In India
PV Magazine
23 June 2025
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Seci Launches Tender For 1.2 Gw Of Solar With 600 Mw/3,600 Mwh Of StorageFrom pv magazine India
SECI has launched a tender for the development of 1.2 GW of ISTS-connected solar projects, integrated with 600 MW/3,600 MWh of energy storage systems, on a BOO basis.
SECI will sign 25-year power purchase agreements (PPAs) with the successful bidders for the procurement of solar power from these projects. The power will then be sold to various buying entities across India, with SECI acting as an intermediary nodal agency facilitating back-to-back transactions between solar developers and buyers.
A developer must bid for a minimum cumulative capacity of 50 MW and a maximum of 600 MW. The solar developer must install storage capacity of at least 0.5 MW/ 3 MWh for each 1 MW project capacity contracted under the PPA. The storage component may either be owned by the solar developer or tied-up separately with a third-party.
“The projects shall be located at the locations chosen by the developer at its own discretion of and cost, risk and responsibility. A single project can be set up at multiple locations with different delivery points,” said SECI in the tender document. “The ESS component needs to be co-located with the project, however, in case of a project located at multiple locations, the ESS needs to be co-located with at least one of the components.”
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
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23 June 20252 min readSeci Launches Tender For 1.2 Gw Of Solar With 600 Mw/3,600 Mwh Of Storage
PV Magazine
23 June 2025
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