India installed just 205MW of solar capacity in the second quarter of 2020, down 86% year-on-year, according to a new report from research and consulting firm Mercom India Research.
US utility CenterPoint Energy is seeking up to 1GW of solar, and solar-plus-storage hybrids, to meet electricity demand in southwestern Indiana as it retires coal-fired plants.
Solar and wind generated a record 9.8% of global electricity during the first six months of 2020, but further gains are needed if Paris Agreement targets are to be met, a new report has said.
Duke Energy is considering additional investments in solar projects in Florida and the Carolinas as it reels from a US$1.6 billion expense related to the cancellation of the Atlantic Coast Pipeline (ACP).
Global corporate funding for solar projects in the first half of 2020 was US$4.5 billion, a 25% drop year-over-year, according to a report from Mercom Capital Group.
Azure Power and Tata Power were among winners in a reverse auction for 1.2GW of solar projects in India, with a winning tariff of INR2.43/kWh (US$0.0324).
