Major capacity additions in Asia’s non-hydropower renewables sector will facilitate the region's ability to supply electricity amid rising power consumption needs, which look set to outpace all other regions as economies continue to expand after the easing of COVID-19 restrictions, according to a Fitch Solutions’ report.
Indian state-run hydropower company SJVN is planning to deploy 10GW of solar PV in Rajasthan over the next five years through a INR50,000 crore (US$6.7 billion) investment.
A 58.5MW floating PV plant in Thailand, said to be the largest install of its kind in the country, has been connected to the grid, according to inverter and floating solutions supplier Sungrow.
Indian independent power producer (IPP) ReNew Power has acquired two operating renewable energy portfolios in India, building on recent acquisitions in the country and boosting the company’s earning position