The latest International Renewable Energy Agency’s (IRENA) annual statistical release showed that 585 GW of new “clean” power capacity was added globally last year, reported BusinessGreen. Renewables accounted for 92.5% of all electricity capacity brought online in 2024, with the sector delivering a record annual growth of 15.1%, it added.
Solar was “by far the fastest-growing form of renewable power”, reported Yale Environment 360, accounting for 77% of the new capacity, while wind accounted for 19%. According to IRENA’s data, China installed more renewable power in 2024 than all other countries combined, it adds. The G7 and G20 countries accounted for 14.3% and 90.3% of new capacity, respectively, reports Axios. Despite the increase, the world is still not on track to reach the international goal of tripling renewable energy from 2023 to 2030, reported the Associated Press. According to IRENA’s calculations, it is currently expected to be 28% short of this goal, the article adds.
Solar Module Capacity under ALMM rises to 74.23 GW
India expanded the Approved List of Module Manufacturers (ALMM) capacity by adding 8,067 MW of solar module manufacturing capacity, Mercom reported. The outlet said Asote Solutions, MKU Holdings, and Axitec Energy India, contributing 152 MW, 1,183 MW, and 18 MW, respectively, are the new additions to the list, taking the total number of module manufacturers to 95.
In the latest ALMM update, 1,020 MW solar module manufacturing capacity was removed, with nine companies deleted from the list, the Mercom report said, adding the cumulative ALMM capacity increased by 10.48% to 74,235 MW from 67,188 MW in February 2025.
Indian utility ends 2 GW solar tender with lowest price of $0.03/kWh
Uttar Pradesh Power Corp. Ltd. awarded 2 GW of solar capacity to four bidders at tariffs of ₹2.56/kWh to ₹2.57/kWh, reported PV Magazine.
The outlet explained that NTPC Renewable Energy secured the largest share, winning 1 GW at ₹2.56/kWh. ReNew also won 300 MW at this price. Adani Renewable Energy Holding Twelve, a unit of Adani Green Energy Ltd., received 400 MW, while Hindustan Power’s Fastnote Biofuels secured 300 MW, both at INR 2.57/kWh. The report said that developers can build projects anywhere in India, provided they connect to the interstate transmission system.
NHPC tenders 1.2 GW solar projects with energy storage systems
NHPC issued a request for selection to set up 1,200 MW interstate transmission system (ISTS)-connected solar projects with a 600 MW/ 2,400 MWh energy storage system (ESS) anywhere in India, Mercom reported.
The tender has a greenshoe option of up to 1,200 MW. Bids must be submitted by April 24, 2025. Bids will open on April 29. Bidders must submit a bid security of ₹942,000 (~$10,974) per the rated cumulative installed capacity of solar components. They must also furnish ₹1.3 million (~$15,145.4) per rated cumulative installed capacity of the ESS component as part of the bid security.
China’s non-fossil fuel capacity tops 2,000 GW ‘first time ever’, 58% of total installed power
China’s installed non-fossil-fuel power capacity “surpassed two terawatts (TW) for the first time” as at the end of February, representing a “cumulative increase of 103%” since 2021, the beginning of the 14th five-year plan, according to People’s Daily. South China Morning Post also covers the story, stating that “non-fossil fuels now account…for 58.8% of China’s total installed power capacity, edging closer to Beijing’s 60% target for this year”. China issued 256m green electricity certificates (GECs) in February, a “five-fold increase year-on-year…involving 64,000 renewable energy projects”, China Energy News reported. China has also issued a “digital transformation” plan to make its light industry “more high-end, intelligent and greener”, said Xinhua. State broadcaster CCTV says China has connected to the grid a 200 gigawatt (GW) wind power plant – the country’s “largest single-machine onshore wind power project” – in the province of Inner Mongolia, meeting annual demand for “about 670,000 people”.
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