Horizon Europe has officially launched the SPECTRUM Project, a research initiative that brings together leading experts to develop next-generation hybrid solar technologies.
According to data from GlobalData, Türkiye’s renewable power generation capacity will reach 38.2 GW by 2035, representing an annual growth rate of 17.1 per cent from 2024 to 2035.
The African Development Bank has approved €170 million of funding to support the construction of the 1 GW Obelisk 1 solar power and 200 MWh battery energy storage project in Qena Governorate in southern Egypt.
July Moyo, Zimbabwe’s Energy and Power Development Minister, said that the country needs up to €8 billion in energy investments to double its current power generation capacity and meet rising electricity demand.
Syria has signed an MOU with a consortium led by Qatar’s UCC Holding to develop major power generation projects with an investment of €6.2 billion.
Coal India Limited (CIL) has announced plans to invest €2.7 billion to build up to 4.5 GW of renewable energy generation capacity. It signed an MOU with the ammonia producer AM Green to increase India’s hydrogen and ammonia production.
Sun-Ways, a Swiss start-up, is testing a system of installation of solar panels between railway tracks, and has placed 100 m of solar panels on tracks in Buttes, a small village in canton Neuchâtel in western Switzerland.
The Azerbaijan Ministry of Energy has signed several contracts with Chinese companies for the development of renewable energy and battery energy storage projects totalling 2.4 GW capacity.
The Nigerian government has unveiled a plan to construct modular solar power plants with a total combined capacity of 1900 MW across its 19 northern states to promote renewable power and reduce pressure on the national grid.
The Vietnam government has announced its intention to increase installed capacity, which stood at 80 GW in 2023, to between 183 GW and 236 GW by 2030. It will focus on developing renewable energy and re-introduce nuclear power under the country’s amended national power plan, which outlines an investment of $136.3 billion.