
Distributed energy generation market to reach $573 B by 2025
The global distributed energy generation market size is expected to reach $573.7 B by 2025, registering a CAGR of 16 % during the forecast period 2020-2026.
The global distributed energy generation market size is expected to reach $573.7 B by 2025, registering a CAGR of 16 % during the forecast period 2020-2026.
Driven by falling costs and strong policy support, global renewable capacity is projected to more than triple from 2024 to 2035, led by solar and wind.
Wandoan South Solar 2 to power 120,000 homes, avoid 568,000 t of CO₂ annually, and support Queensland’s net-zero ambitions.
EDF Renewables leads South Africa’s first IPP-built substation, connecting 1.5 GW of renewables and setting the stage for future grid-integrated clean energy.
Over 3,000 GW of renewable energy is stuck in grid connection queues due to outdated infrastructure, delaying the transition to a clean energy future.
Iberdrola and Italian retail group Pam Panorama have signed a solar power purchase agreement (PPA).
Electricity distribution company Powercor Australia attended the scene of a transformer fire at a solar power plant near Raywood, Victoria.
Virginia Transformer has delivered a power transformer to the Vega 5 solar energy project in Folsom, California.
RWE has commissioned the 8.3 MWac Bosco groundmounted solar power plant, its first in Italy.
ACWA Power has announced that commercial operation has begun at Al Shuaiba 2 solar PV Independent Power Plant.
RWE has commissioned the Schönau solar PV plant, its first such plant in Saxony.
Shenzhen Energy Group has signed deals to construct and operate a 300 MW wind farm and a 300 MW solar power plant in Kyrgyzstan.
A 3 MW solar power plant, valued at approximately 900 billion rials ($1.8 million), is set to be built in northern Tehran.
Taaleri Energia has awarded a firm contract to Sweden’s Eltel AB for the construction of the 129 MWp Hallanvahti solar farm in Finland.
Israeli solar developer Teralight has started operating the country’s largest solar project, Ta’anach 1.
Egypt aims to produce nearly 16.1 GW from solar and wind projects in 2029 as part of a drive to reduce reliance on conventional power generation.
Oman has inaugurated its largest solar power project, the Manah 1 and Manah 2 solar plants, with a total production capacity of 1 GW.
UAE-based investment firm Kazar plans to invest $2.5 billion in a hybrid renewable power plant in Egypt’s Zafarana region, in the east of the country.
Sterling and Wilson Renewable Energy has received a letter of intent (LoI) for a 500 MW solar project in Gujarat worth around INR 12 billion ($141 million).
OQ Alternative Energy (OQAE) has signed agreements with France’s TotalEnergies for the development of 300 MW of renewable energy projects.
Tunisia has launched two new solar projects worth about $15 million as part of its plans to widen the use of renewable energy.
The EIB and Spanish utility Naturgy have agreed a €1 billion ($1.05 billion) loan to support investments in solar energy and onshore wind power plants in Spain.
AEW and TotalEnergies consortium has signed a 25-year PPA with the state-owned SPPC for its 300 MW Rabigh 2 solar power project.
Tata Power’s arm Tata Power Renewable Energy has commissioned a 431 MW DC solar project in Neemuch, Madhya Pradesh.