The Vietnamese Government has approved Vietnam’s revised National Electricity Development Plan for the 2021-2030 period, with a vision to 2050 (PDP8), which now integrates the development of nuclear energy.

By 2050, Vietnam is targeting as much as 230 gigawatts of wind and 296 gigawatts of solar.

The growth of renewable power generation - including wind, hydro and solar - in the global electricity mix in 2024 beat the previous year's 30% record

Asia more than doubled its installed solar capacity, with 327 GW added in 2024, including 85% (278 GW) in China and 10% (24.5 GW) in India; in addition, over 38 GW of solar capacity was installed in the United States, while Brazil and Germany each added over 15 GW.

The five projects represent a total investment of SAR35bn (US$9.3bn) and align with Saudi Vision 2030 goals to achieve a balanced energy mix with 50% renewables and 50% gas.

The US$4bn Terra Solar project will also feature a 4.5 GWh battery energy storage system (BESS). The project is developed by Terra Solar, a subsidiary of Solar Philippines New Energy Corporation (SPNEC).

As renewable energy sources like solar and wind become more widespread, their inherent unpredictability introduces new challenges. Unlike traditional fossil fuel power plants, renewable generation is intermittent, making it harder to forecast production and balance the grid.

The Saudi Power Procurement Company (SPPC) has launched a tender to procure 4.5 GW of solar and wind energy projects across Saudi Arabia.

Ultimately, an all-in-one Grid-Edge DERMS solution provides a lower-cost alternative to programs that are siloed, while also creating additional layers of complication for program managers and customers alike.

India’s Maharashtra Electricity Regulatory Commission (MERC) has authorised the Maharashtra State Electricity Distribution (MSEDCL) to procure an additional 5,991 MW of solar capacity through competitive bidding.