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18 December 2025
Renewable Watchpowerplant
Dec 18, 2025Renewable Watch
PTC 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.
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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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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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Chinese Pv Industry Brief: Powerchina Launches 31 Gw Solar ProcurementPowerChina has launched its 2026 centralized equipment procurement program, issuing tenders covering 97 GW of renewable and grid equipment to secure supply-chain stability through framework agreements. The program includes 35 GW of wind turbines, 31 GW of solar modules and 31 GW of solar inverters for 2026 projects, with bids due by Dec. 24, 2025. The solar module tender is split into n-type TOPCon at 24 GW, HJT at 3 GW and BC technologies at 4 GW, all requiring bifacial compatibility and cell sizes of 182 millimeters and above. The inverter tender covers integrated cabinet inverters above 3.125 MW at 8 GW, string inverters above 300 kW at 20 GW and smaller string inverters from 10 kW to 150 kW at 3 GW. PowerChina said procurement will be conducted through framework shortlists, with suppliers selected via secondary competitive processes.
Three Gorges Group has released the results of its 2026 solar procurement, shortlisting six module suppliers across a 2.5 GW tender, including JinkoSolar, Tongwei, Longi, Astronergy and JA Solar, with bid prices ranging from CNY 0.75 ($0.11)/W to CNY 0.763/W. In a related 3 GW inverter tender, shortlisted suppliers for 300 kW to 400 kW string inverters include Sungrow, Chungwang Xinyun Intelligent Technology, Zhuzhou Converters National Engineering Research Center, Sungrow Electric and Xiamen Kehua Digital Energy Technology.
Longi has terminated its planned global depositary receipt issuance and Swiss listing after the approval period for the 2022 proposal expired. The plan, approved by the board and shareholders, had targeted nearly CNY 20 billion, equivalent to $2.75 billion, in proceeds. Longi said external market changes and the lapse of regulatory approvals led it to halt the global depositary receipt plan following a review with advisers.
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16 December 20252 min readChinese Pv Industry Brief: Powerchina Launches 31 Gw Solar Procurement
PV Magazine
16 December 2025
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Waaree Energies Expands Samakhiali Plant By 1.5 Gw, Bringing Total Module Capacity To 3 Gw In GujaratWaaree Energies Limited, one of India’s leading solar module manufacturers and a provider of integrated clean energy solutions, has further enhanced its domestic production capabilities by adding 1.5 GW of solar module manufacturing capacity at its Samakhiali plant in Kutch, Gujarat. This expansion follows the recent commissioning of two high-efficiency module lines of 750 MW each at the same facility, bringing the total new capacity added at Samakhiali to 1.5 GW. With this development, the Samakhiali plant now has an annual manufacturing capacity of 3 GW, making it one of Waaree’s most advanced hubs.
The facility features next-generation automation, stringent quality controls, and integrated testing systems to meet the rising domestic and international demand for high-performance solar modules. Sunil Rathi, Executive Director of Waaree Energies Limited, said that the expansion of the Samakhiali facility to 3 GW marks a significant milestone in the company’s strategic capacity growth. He added that the increase in production capability allows Waaree to serve key markets more effectively while advancing its vision of delivering reliable, locally manufactured solar technologies at scale.
Waaree’s expansion strengthens its leadership in the renewable energy sector by supporting both domestic and international manufacturing. The company offers a wide range of clean energy solutions beyond solar modules and cells, including inverters, battery storage systems, green hydrogen solutions, and engineering, procurement, and construction (EPC) services. With the Samakhiali expansion, Waaree’s total global solar module manufacturing capacity now stands at approximately 22.3 GW, including around 19.7 GW in India and 2.6 GW in the United States.
Additionally, the company’s solar cell manufacturing capacity remains at 5.4 GW, representing one of the largest solar cell production platforms in India. These expanded capacities enable Waaree to meet growing global demand for high-efficiency solar modules, support international and national energy transition objectives, and contribute to key initiatives such as Make in India and Aatmanirbhar Bharat.
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13 December 20252 min readWaaree Energies Expands Samakhiali Plant By 1.5 Gw, Bringing Total Module Capacity To 3 Gw In Gujarat
Solar Quarter
13 December 2025
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India Adds 132.85 Gw Solar Capacity By November 2025, Including 34.98 Gw In 2025, Driving Renewable GrowthIndia has made remarkable progress in expanding its renewable energy sector, with solar power emerging as the primary driver of this transformation. By the end of November 2025, the country had installed a total of 132,848.25 MW of solar photovoltaic (PV) capacity. This accounts for over 65 percent of the total renewable energy capacity in India, excluding large hydro projects, reflecting the growing importance of solar in the nation’s energy mix. The steady decline in solar panel prices, technological advancements, supportive government policies, and rising public awareness of clean energy have collectively fueled this growth.
Between January and November 2025, India added 34,983.53 MW of new solar capacity. November alone saw an addition of 2,924.43 MW, representing a 2.25 percent increase over the previous month. Wind energy also grew during this period, with 386.1 MW added in November, indicating a broader commitment to renewable energy diversification. By November 2025, the total renewable energy capacity in India, excluding large hydro projects, reached 203.606 GW. Solar and wind together contributed 186.834 GW, forming over 91 percent of the non-large hydro renewable energy mix.
Within the solar segment, ground-mounted systems remain the largest component with 100 GW installed, while rooftop solar systems have reached 23.16 GW, showing increased adoption among households, industries, and commercial establishments. Solar-wind hybrid projects, totaling 3.34 GW, are becoming more common as they improve land utilization and transmission efficiency. Off-grid solar systems, including solar lanterns, agricultural water pumps, and mini-grids, have exceeded 5.55 GW, enhancing clean power access in rural areas and replacing diesel-based generation.
Government policies have played a crucial role in driving this expansion. The Production-Linked Incentive (PLI) scheme has encouraged domestic manufacturing of solar equipment, reducing reliance on imports. The Approved List of Models and Manufacturers (ALMM) policy, reintroduced in April 2024, mandates that government-supported projects use only certified solar modules, with plans to extend the requirement to solar PV cells from June 2026. Tax incentives have also contributed, with the Goods and Services Tax (GST) on solar PV modules and wind turbine generators reduced from 12 percent to 5 percent, lowering capital costs and supporting faster deployment.
Despite the positive momentum, challenges remain. Land acquisition for large solar parks is increasingly difficult, and grid integration of variable solar power requires better transmission infrastructure and balancing technologies. Additionally, while manufacturing capacity is expanding, global trade dynamics and supply chain risks, including shifting export markets, pose challenges.
Overall, India’s renewable energy sector shows strong growth, led by solar power. Continued policy support, technology improvements, and expanding adoption across ground-mounted, rooftop, and off-grid systems will be critical to achieving the country’s 500 GW non-fossil energy target by 2030, provided remaining obstacles are effectively addressed.
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13 December 20253 min readIndia Adds 132.85 Gw Solar Capacity By November 2025, Including 34.98 Gw In 2025, Driving Renewable Growth
Solar Quarter
13 December 2025
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Waaree Energies Expands Manufacturing Capacity With Additional 1.5 Gw At Its Samakhiali FacilityWaaree Energies Limited, India’s leading solar module manufacturer and an integrated clean energy solutions provider, has further strengthened its domestic production capabilities by adding an additional 1.5 GW of solar module manufacturing capacity at its Samakhiali plant in Kutch, Gujarat.
This expansion builds directly on Waaree’s recent commissioning of two high-efficiency module lines of 750 MW each at the same Samakhiali location, totaling1.5 GW of new capacity added. With this addition, Waaree has now scaled the Samakhiali manufacturing facility in Kutch, Gujarat to a total annual capacity of 3 GW. The site is now one of Waaree’s most advanced manufacturing hubs, equipped with next-generation automation, rigorous quality controls, and integrated testing systems designed to meet surging domestic and global demand for high-performance solar modules.
Sunil Rathi, Executive Director,Waaree Energies Limted said, “The expansion of our Samakhiali facility to 3 GW marks another milestone in Waaree’s purposeful capacity build-out. This positions us to serve strategic markets more effectively while advancing our vision of delivering reliable, locally manufactured solar technologies at scale.”
By strengthening both domestic and international manufacturing, Waaree continues to expand its leadership role in the renewable energy sector, offering a comprehensive suite of clean energy products that extend beyond modules and cells to include inverters, battery storage systems, green hydrogen solutions, and EPC services.
Total Global and India Manufacturing Capacity
With the Samakhiali expansion complete, Waaree’s aggregate solar module manufacturing capacity now stands at approximately 22.3 GW globally, comprised of around 19.7 GW in India and 2.6 GW in the United States. In addition, Waaree’ssolar cell manufacturing capacity remains at 5.4 GW, representing one of the largest cell production platforms in India.
These capacities underpin Waaree’s ability to address growing global demand for high-efficiency solar modules, support energy transition goals, and contribute to national initiatives such as Make in India and Aatmanirbhar Bharat.
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13 December 20252 min readWaaree Energies Expands Manufacturing Capacity With Additional 1.5 Gw At Its Samakhiali Facility
Solar Quarter
13 December 2025
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Ireland Reaches 1 Gw Of Installed Rooftop Pv CapacityIreland’s solar association, Solar Ireland, has announced that Ireland has surpassed 1 GW of installed rooftop solar capacity.
More than 170,000 rooftops across the country now host solar panels, and several Irish energy stakeholders – including Solar Ireland – marked the 1 GW rooftop achievement at an event at Fingallians GAA Club in Swords, a sports club in Ireland’s capital Dublin, where a 120-panel installation will generate more than 51,000 kWh a year, avoid 18 tons of carbon dioxide annually, and pay back within three to five years.
The system was installed at the sports facility by local installer, SolarSmart and supported by local government. Commenting at the event, Ronan Power Solar Ireland CEO, said that Ireland reaching 1 GW of nationwide rooftop solar was a “national demonstration of what happens when policy certainty, public support and industry capability align.”
He added that rooftop solar can remain one of Ireland’s most “successful and inclusive climate solutions.” Expanding rooftop solar capacity at a local scale has been a big policy focus of the Irish government in recent times, with grants for small-scale and residential solar issued through the Sustainable Energy Authority Ireland (SEAI). In November, the government confirmed the grant for residential rooftop solar would remain at its current level of €1,800 in 2026 – good news for householders.
Darragh O’Brien, Minister for Climate, Energy and the Environment, referred to the householders in his remarks on the 1 GW rooftop solar news, claiming: “This progress shows exactly why continued support through SEAI grants and targeted investment in small-scale and community renewables is so important. When Government, system operators and the industry work together, we can deliver real change on the ground – and today’s milestone is proof of that.”
The SEAI’s CEO, William Walsh, added that the 1 GW announcement is reflective of the “incredible momentum in retrofit across all sectors”, while the Managing Director of Ireland's distribution systems operator, ESB Networks, Nicholas Tarrant said that approximately 50,000 solar installations are being completed annually on homes, farms, businesses, and within communities.
In November, Solar Ireland reported that Ireland's national installed solar capacity across all generation types had reached 2.1 GW.
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13 December 20252 min readIreland Reaches 1 Gw Of Installed Rooftop Pv Capacity
PV Magazine
13 December 2025
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