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23 December 2025
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Dec 23, 2025PV Magazine
From pv magazine LatAm
Mexico‘s Energy Secretary, Luz Elena González Escobar, has announced the approval of 20 new renewable energy projects set to add up to 3,320 MW of installed capacity.
Solar accounts for 15 of the newly-announced projects, contributing 2,471 MW. The remaining five projects are all wind farms that will add an additional 894 MW to the national electricity system.
The announcement follows the publication of a call for proposals in October directed to the private sector for the development of 34 power plants, with a combined capacity of 5,970 MW. The power plants have been marked as a priority by the current government led by President Claudia Sheinbaum.
The bidding process signalled the reactivation of the sector after a six-year period characterized by the paralysis of new projects during the administration of former President Andrés Manuel López Obrador between 2018 and 2024.
According to a preliminary schedule, 19% of the newly-announced projects will become operational in 2027, 78% in 2028 and the remaining 3% are planned for 2029.
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Solar Power Surpasses Natural Gas As Türkiye’S Renewable Capacity Crosses 75 GwTürkiye has crossed a major milestone in its power sector as installed renewable energy capacity has exceeded 75,000 megawatts, while solar power has overtaken natural gas in total installed capacity for the first time. The latest data was released by the Energy and Natural Resources Ministry on Monday and reflects the country’s long-term push to reduce energy imports and strengthen domestic energy production.
As of November 2025, Türkiye’s total installed electricity capacity reached 121,782 megawatts. Renewable energy sources accounted for 75,615 megawatts, representing around 62% of the total capacity. This shift highlights the growing role of clean energy in Türkiye’s power mix, especially as the country faces limited domestic oil and natural gas resources and a high current account deficit driven by energy imports.
The Energy and Natural Resources Minister said that combined wind and solar capacity had reached 39,215 megawatts. Solar energy alone now accounts for 20.3% of the total installed capacity, while wind contributes 11.9%. Together, wind and solar now make up one-third of Türkiye’s total installed power capacity.
According to the data, solar power has become the second-largest power source in the country, surpassing natural gas, which now holds a 20% share. For decades, natural gas had remained the second most dominant source after hydropower. However, rapid growth in solar installations over the past several years has reshaped the energy landscape.
Hydropower remains the largest contributor with 32,294 megawatts, accounting for 26.5% of total capacity. Wind power stands at 14,546 megawatts, while domestic coal and imported coal account for 11,475 megawatts and 10,456 megawatts, respectively. Biomass and geothermal energy together contribute just over 4,000 megawatts.
The minister also noted that domestic energy sources now represent 71.5% of total installed capacity, equivalent to 87,090 megawatts. He emphasized that each new renewable energy investment helps Türkiye move closer to its goal of full energy independence.
During 2025, Türkiye completed solar and wind tenders totaling 3,800 megawatts, with an expected investment value of around $4 billion. These projects were allocated under the Renewable Energy Resource Zone, or YEKA, auction mechanism, which plays a central role in expanding clean energy capacity and meeting national renewable targets.
The country aims to increase solar and wind capacity to 120,000 megawatts by 2035. The Minister said Türkiye plans to hold YEKA tenders for at least 2,000 megawatts every year to maintain momentum. He added that localization efforts and renewable expansion remain key pillars of the country’s energy strategy.
Electricity consumption in Türkiye has tripled over the past two decades and is expected to grow even faster in the coming years due to ongoing energy transformation. The YEKA model, introduced in 2016, was designed to support large-scale projects, simplify land allocation, and encourage domestic manufacturing. Recent updates, including easier permitting and financial incentives, have helped attract investors. This year’s tenders alone generated about 530 million euros in revenue for the state.
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23 December 20253 min readSolar Power Surpasses Natural Gas As Türkiye’S Renewable Capacity Crosses 75 Gw
Solar Quarter
23 December 2025
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Emmvee Starts Production At 2.5 Gw Solar Module Line In IndiaFrom pv magazine India
Emmvee has commenced operations at a 2.5 GW solar module manufacturing line at its Unit VI facility in Sulibele, Hoskote taluk, near Bengaluru, Karnataka, western India.
The commissioning forms part of Emmvee’s planned capacity expansion and was completed on schedule.
With the new line operational, the company’s total solar module manufacturing capacity has increased to 10.3 GW.
For the first half of fiscal 2026, Emmvee reported a 193% year-over-year increase in revenue to INR 2,159 crore ($140.8 million). Profit after tax rose nearly sevenfold compared with the same period a year earlier. The company attributed the growth to higher module volumes and operating leverage from expanded manufacturing capacity.
Separately, Emmvee said construction has begun on its proposed 6 GW integrated solar cell and module manufacturing facility at ITIR Phase 2 in Bengaluru. The company has received loan sanction approval of INR 3,306 crore from the Indian Renewable Energy Development Agency for the project.
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23 December 20251 min readEmmvee Starts Production At 2.5 Gw Solar Module Line In India
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23 December 2025
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Mexico Approves 2.4 Gw Of Solar ProjectsFrom pv magazine LatAm
Mexico‘s Energy Secretary, Luz Elena González Escobar, has announced the approval of 20 new renewable energy projects set to add up to 3,320 MW of installed capacity.
Solar accounts for 15 of the newly-announced projects, contributing 2,471 MW. The remaining five projects are all wind farms that will add an additional 894 MW to the national electricity system.
The announcement follows the publication of a call for proposals in October directed to the private sector for the development of 34 power plants, with a combined capacity of 5,970 MW. The power plants have been marked as a priority by the current government led by President Claudia Sheinbaum.
The bidding process signalled the reactivation of the sector after a six-year period characterized by the paralysis of new projects during the administration of former President Andrés Manuel López Obrador between 2018 and 2024.
According to a preliminary schedule, 19% of the newly-announced projects will become operational in 2027, 78% in 2028 and the remaining 3% are planned for 2029.
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 December 20252 min readMexico Approves 2.4 Gw Of Solar Projects
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23 December 2025
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India’S Renewable Energy Surge: 35 Gw Solar Addition In 2025 Signals A Strong Shift Toward A Cleaner Power MixIndia’s renewable energy landscape is undergoing a rapid transformation as the country seeks to balance fast-growing electricity demand with its long-term climate and sustainability commitments. Even though coal remains a dominant force in India’s power system, the steady and accelerating rise of renewable energy—particularly solar and wind—signals a clear shift in the country’s energy priorities. As of November 2025, coal accounted for 43.08% of India’s total installed power capacity, underlining its continued importance in ensuring base-load power. At the same time, the expanding share of renewables highlights India’s determined efforts to move toward cleaner energy sources without compromising reliability.
During the first eleven months of 2025, India added an impressive 34,983.53 MW of new solar capacity. This significant addition reflects strong policy support, improved project execution, and growing investor confidence in the solar sector. Government initiatives aimed at improving quality standards and strengthening domestic manufacturing have played a critical role in this expansion. Among these, the Approved List of Models and Manufacturers (ALMM) has emerged as a key policy instrument. By enforcing strict quality benchmarks for solar modules and encouraging the use of domestically manufactured components, the ALMM framework has helped reduce reliance on imports while boosting local industry. As a result, India’s solar PV module manufacturing capacity reached 122 GW by December 2025, a milestone that reinforces the country’s push for self-reliance in clean energy technologies.
By the end of November 2025, renewable energy sources accounted for 39.94% of India’s total installed power capacity. Solar power has been the primary driver of this growth. Installed solar capacity rose to 132.848 GW, representing 65.25% of total renewable capacity and contributing 26.06% to the overall national power mix. This marked a year-on-year increase of 41.08%, reflecting the rapid pace at which solar projects are being commissioned across the country. Large-scale utility projects, rooftop installations, and hybrid systems have collectively accelerated India’s progress toward its clean energy targets.
India’s total installed power capacity crossed 509 GW in November 2025, recording an annual growth of 11.6%. Despite the notable rise in renewable capacity, coal-based power continues to generate nearly half of the nation’s electricity. This situation highlights the complex challenge India faces: reducing dependence on coal while maintaining grid stability, affordability, and uninterrupted supply. As the share of variable renewable energy grows, the need for advanced grid management, energy storage solutions, and flexible generation has become increasingly critical.
Beyond energy generation, the expansion of renewable energy is delivering wide-ranging social and economic benefits. Solar and wind projects are creating employment opportunities across the value chain, especially in rural and semi-urban areas. These projects are improving electricity access, stimulating local economies, and contributing to the development of remote regions. Consequently, the clean energy transition is not only addressing environmental concerns but also enhancing livelihoods and regional development.
Rising renewable capacity has also strengthened India’s energy security. Reduced dependence on imported fossil fuels shields the economy from global price volatility and supply disruptions. Simultaneously, advancements in storage technologies and grid infrastructure are improving the reliability and integration of renewable power. Although coal remains a significant part of the energy mix, the consistent growth of renewable energy—led by solar—demonstrates India’s strong commitment to building a cleaner, more resilient, and self-reliant energy future that supports both economic growth and sustainability.
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20 December 20253 min readIndia’S Renewable Energy Surge: 35 Gw Solar Addition In 2025 Signals A Strong Shift Toward A Cleaner Power Mix
Solar Quarter
20 December 2025
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Amea Power, Kyuden International And Ifc Partner To Develop Africa’S Largest 1 Gw Solar Pv And 600 Mwh Battery Storage Project In EgyptAMEA Power, in partnership with Kyuden International Corporation of Japan, has joined hands with the International Finance Corporation (IFC) and a consortium of international lenders to develop a large-scale solar photovoltaic (PV) and battery energy storage project in Egypt, aimed at strengthening the country’s energy security and grid resilience.
The project, with a total investment exceeding USD 700 million, will comprise a 1,000 MW solar PV plant coupled with a 600 MWh battery energy storage system (BESS) in Egypt’s Aswan Governorate. Once commissioned, it is set to become Africa’s largest single-asset renewable energy facility integrated with battery storage. The project is jointly owned by AMEA Power, holding a 60% stake, and Kyuden International Corporation, which owns the remaining 40%. Commercial operations are targeted for June 2026.
AMEA Power has already commenced early construction works ahead of the full financial close, underlining the project’s strategic importance in supporting Egypt’s rising electricity demand with clean and reliable energy solutions.
The project is being financed through an approximately USD 570 million senior debt package led by IFC, including funding from its own account and capital mobilised from international partners such as Cassa Depositi e Prestiti (CDP), FMO, DEG, British International Investment (BII), the OPEC Fund for International Development, and Europe Arab Bank (EAB). Additional concessional blended finance is being provided through loans from the Clean Technology Fund (CTF) and the MENA Private Sector Development Program, supported by the Government of the Netherlands, with IFC acting as the implementing entity.
On completion, the project is expected to generate more than 3 million MWh of clean electricity annually, sufficient to power over 500,000 households, while avoiding approximately 1.6 million tonnes of carbon dioxide emissions each year. Construction activities are projected to create more than 4,000 jobs, with the majority filled by local workers, contributing to skills development and economic growth in the region.
The initiative builds on AMEA Power’s ongoing collaboration with IFC across North Africa, following the commissioning of major solar and wind projects in Egypt, as well as landmark renewable energy developments in Tunisia. The project also marks Kyuden International Corporation’s first investment in Egypt, further strengthening international participation in the country’s clean energy transition.
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19 December 20252 min readAmea Power, Kyuden International And Ifc Partner To Develop Africa’S Largest 1 Gw Solar Pv And 600 Mwh Battery Storage Project In Egypt
Solar Quarter
19 December 2025
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Seg Solar To Develop 3 Gw Manufacturing Facility In IndonesiaSEG Solar has announced plans to develop a 3 GW ingot and wafer manufacturing facility in Batang Regency, Indonesia. The project forms phase I of a broader 5 GW expansion plan for ingot and wafer production. The proposed manufacturing facility is expected to involve an investment of about $80 million, fully funded by SEG. The site will cover nearly 50,000 square metres. Moreover, production at the plant is scheduled to begin in the third quarter of 2026.
This project is part of the company’s strategy to strengthen its upstream manufacturing capacity and advance the establishment of an SEG PV industrial park in Indonesia. SEG currently operates a photovoltaic module manufacturing facility in US and a solar cell manufacturing unit in Indonesia. With the addition of the planned ingot and wafer facility, the manufacturing chain will extend across all major stages, from ingots and wafers to solar cells and finished photovoltaic modules.
SEG Solar is a vertically integrated solar manufacturing company, founded in 2021 and headquartered in Houston, Texas. The company caters to utility-scale, commercial, and residential markets. The company has a module production capacity of 6 GW, as of 2024.
Renewable Watch
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19 December 20251 min readSeg Solar To Develop 3 Gw Manufacturing Facility In Indonesia
Renewable Watch
19 December 2025
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Ptc India And Nlc Renewables Form Jv To Develop 2 Gw Clean Energy ProjectsPTC India Limited has entered a joint venture (JV) agreement with NLC India Renewables Limited, a wholly owned subsidiary of NLC India Limited. The proposed JV will be established for domestic operations, with an equity structure of 74 per cent held by NLC India Renewables Limited and 26 per cent by PTC India Limited. The consideration will be in the form of subscription to shares of the JV company to be incorporated, in line with the agreed shareholding ratio.
The JV will collaboratively explore and develop green energy projects of up to 2,000 MW across India in a phased manner. The scope includes, but is not limited to, solar, wind, hydro, and battery energy storage systems. This will be subject to conditions specified in the joint venture agreement and requisite statutory approvals.
Furthermore, the collaboration will support the expansion of renewable energy assets while strengthening associated activities such as power trading, consultancy, and advisory services. The initiative is aimed at achieving long-term sustainability and supporting a green growth trajectory, in accordance with the regulatory requirements.
Renewable Watch
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18 December 20251 min readPtc India And Nlc Renewables Form Jv To Develop 2 Gw Clean Energy Projects
Renewable Watch
18 December 2025
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Türkiye Awards 1.15 Gw In Latest Wind Power AuctionsTürkiye
has awarded
1.15 GW
of capacity in its latest wind power auctions. The auction’s ceiling price was
€55/MWh
. Out of 75 applications submitted, 30 companies participated, with between six and 20 bidders per zone. The six successful bidders under the YEKA state support scheme will receive a guaranteed minimum price of
€35/MWh
for electricity sales, which was the floor price in the auction (Anadolu Ajansı, 09/12/2025).
All six winners of Turkey’s latest wind auction are Turkish companies. Kanat Rüzgar Enerji won the 500 MW Sivas project, Polat Enerji’s subsidiary Soma Enerji won the 160 MW Balıkesir-1 project, Stone Enerji won the 140 MW Aydın-Denizli project, Balıkesir Elektrik won the 120 MW Balıkesir-2 project, and İçdaş Elektrik Enerjisi won the 120 MW Kütahya project.
Winners will secure grid connections for
49 years
, enjoy the minimum price for
six years
on the open market, and benefit from power purchase agreements (PPAs) at the same level for an additional 20 years.
ENER Data
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17 December 20251 min readTürkiye Awards 1.15 Gw In Latest Wind Power Auctions
ENER Data
17 December 2025
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India’S Sjvn Nears Completion Of 1 Gw Utility-Scale Solar ProjectFrom pv magazine India
SJVN advanced commissioning at its 1 GW Bikaner solar project in Rajasthan after its wholly owned subsidiary, SJVN Green Energy Ltd. (SGEL), began commercial operations of an additional 100.56 MW.
Cumulative commissioned capacity now stands at 830.70 MW, with the remaining capacity expected to come online in the near term.
The utility has secured power purchase agreements covering the full project capacity, supplying electricity to Jammu and Kashmir, Rajasthan and Uttarakhand. Offtakers include Uttarakhand Power Corp. Ltd. for 200 MW, Jammu and Kashmir Power Corporation Ltd. for 300 MW, and Rajasthan Urja Vikas and IT Services Ltd. for 500 MW.
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17 December 20251 min readIndia’S Sjvn Nears Completion Of 1 Gw Utility-Scale Solar Project
PV Magazine
17 December 2025
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Seg Solar Starts Building 3 Gw Solar Ingot, Wafer Factory In IndonesiaU.S. solar manufacturer SEG Solar has broken ground on a 3 GW ingot and wafer factory in Indonesia.
The facility will be located in the Batang regency on the north coast of the central Java province of Indonesia. Covering an area of approximately 50,000 sqm, the project is scheduled to commence production by the third quarter of 2026. SEG also plans to implement a second project phase, taking ingot and wafer production capacity to 5 GW.
SEG is set to fully fund the approximately $80 million required for the project. The company says the investment is a key step in its strategy to establish a fully-integrated, non-Foreign Entity of Concern (FEOC) supply chain that supports the U.S. solar market.
With a solar module facility in the U.S. and solar cell manufacturing facility in Batang already in operation, SEG adds that the ingot and wafer factory also establishes an end-to-end manufacturing chain for the company.
The company first signed an 80-year lease in Indonesia to develop an integrated industrial solar park in Batang in June 2023. The solar cell factory was commissioned in May 2025, only seven months after construction got underway, with the production of the company’s n-type cells.
“With complementary production capabilities in the United States and Indonesia, SEG is positioned to deliver a fully traceable and non-FEOC supply chain that meets current and upcoming requirements for the U.S. solar industry,” commented Jun Zhuge, Founder and Chief Executive Officer of PT SEG Solar Manufaktur.
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17 December 20252 min readSeg Solar Starts Building 3 Gw Solar Ingot, Wafer Factory In Indonesia
PV Magazine
17 December 2025
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Iran Grants Permits For 100 Gw Of Solar Power Projects To Boost Renewable Energy InvestmentIran has issued construction permits for nearly 100,000 MW of solar power projects as part of its efforts to attract private sector investment and strengthen the country’s renewable energy capacity. The move was confirmed by Jafar Mohammadnejad Sigaroudi, Deputy for Investment at the Renewable Energy and Energy Efficiency Organization, known as SATBA, who said the permits were aimed at encouraging wider participation in the clean energy sector.
Sigaroudi explained that renewable energy sources such as solar and wind could play an important role in meeting a portion of Iran’s electricity demand. However, he cautioned that not all approved projects would be developed. According to his estimate, only about 15% of the issued permits are likely to be converted into operational power generation capacity, reflecting challenges related to financing, infrastructure, and project execution.
Iran is currently facing a significant power supply gap, estimated at around 23,000 to 24,000 MW. While renewables alone cannot fully bridge this shortfall, Sigaroudi said they can help reduce the pressure on the national grid and support energy balance, especially during peak demand periods.
He also pointed to global trends, noting that renewable energy accounted for around 46% of electricity generation worldwide in 2024. Sigaroudi added that several countries with fewer natural resources than Iran have made stronger progress in renewables, suggesting that Iran has considerable untapped potential in solar and wind power development.
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16 December 20252 min readIran Grants Permits For 100 Gw Of Solar Power Projects To Boost Renewable Energy Investment
Solar Quarter
16 December 2025
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De Green Rhino Energy, Uk’S Green Power Partner To Develop Us$160 Million 150 Mw Solar Power Plant In MaronderaDe Green Rhino Energy has partnered with UK-based Green Power to develop a 150 MW solar power plant in Marondera, marking a major renewable energy investment in Zimbabwe.
The project, which will be developed at Rufaro Farm in Marondera, will involve an investment of approximately US$160 million and is set to become the country’s largest solar power facility once completed. Construction is expected to commence in the first quarter of next year, with project completion targeted for 2027.
Green Power Chief Executive Officer Jordan Assassa said the solar plant is expected to supply electricity to more than 250,000 households, while also supporting public infrastructure such as schools and hospitals.
Assassa said the investment reflects growing confidence among foreign investors in Zimbabwe’s energy sector, adding that the project aims to demonstrate the country’s readiness to attract international capital into large-scale renewable energy developments.
De Green Rhino Energy General Manager Francis Gogwe said the project is expected to create around 500 jobs during the construction phase, contributing to local employment and economic activity in the Marondera region.
The solar power plant aligns with Zimbabwe’s broader efforts to expand its renewable energy capacity and improve electricity access through private sector participation and foreign investment.
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16 December 20252 min readDe Green Rhino Energy, Uk’S Green Power Partner To Develop Us$160 Million 150 Mw Solar Power Plant In Marondera
Solar Quarter
16 December 2025
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