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23 September 2025
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Sep 23, 2025Renewable Watch
Nofar USA, a wholly-owned subsidiary of Nofar Energy, has secured more than 1,000 MW of solar development projects across several US markets through acquisitions and exclusive development agreements. The transactions will expand the company’s portfolio to include both utility-scale and distributed generation projects.
Commercial operations for these projects are scheduled between 2026 and 2029. The solar portfolio covers projects at different stages of development, ranging from early-stage to ready-to-build status. These projects are spread across multiple regional transmission organisations and independent system operators.
In March 2025, Nofar USA and Qcells USA signed an agreement to develop and construct two battery energy storage system (BESS) projects in Texas with a combined capacity of 350 MW and a two-hour duration (700 MWh). The projects, namely Bracero Pecan (230 MW/460 MWh) in Reeves County and Fairway (120 MW/240 MWh) in Freestone County, are in the final stages of interconnection approvals and are scheduled to come online in 2027.
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Brookfield, Solarvest Partner On A 1.5 Gw Solar + Storage Project In MalaysiaThe Canadian investment firm Brookfield and the Malaysian solar company Solarvest Holdings have entered into a joint investment framework agreement to develop at least 1.5 GW of solar and battery energy storage projects in Malaysia. Under the agreement, the two companies will jointly develop, build, and operate the projects over the next three to five years. The projects will fall under Malaysia’s key renewable energy schemes, including the Corporate Renewable Energy Supply (CRESS) Programme and the Large Scale Solar (LSS) Programme. According to the framework, a special purpose vehicle (SPV) will be established to carry out the developments, with Solarvest holding a 51% stake and Brookfield the remaining 49%.
This announcement follows recent momentum in Malaysia’s solar sector. In August 2025, subsidiaries of local firms Gentari and Gamuda announced plans to develop 1.5 GW of solar capacity with battery storage to supply hyperscale data centers in the country. In early September 2025, the government approved 13 new solar projects under the fifth round of its Large Scale Solar Programme, with a combined capacity of nearly 2 GW.
As of the end of 2024, Malaysia had an installed solar capacity of nearly 2 GW, representing around 5% of its total electricity generation capacity. The country has set a target to reach 70% renewables in its power capacity mix by 2050, which would require more than a tenfold increase in renewable capacity from 2023 levels.
ENER Data
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25 September 20252 min readBrookfield, Solarvest Partner On A 1.5 Gw Solar + Storage Project In Malaysia
ENER Data
25 September 2025
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France Awards 1.5 Gw Offshore Wind Tender To Totalenergies And RweThe consortium formed by TotalEnergies and RWE has been selected by the French government as the winner of the Centre Manche 2 (AO8) offshore wind tender. The group will be responsible for the design, development, construction, and operation of a 1.5 GW offshore wind park off the coast of Normandy.
TotalEnergies expects to make a final investment decision (FID) in early 2029, with power generation scheduled to begin in 2033. The French energy group estimates the total investment at €4.5bn, with a state-set tariff of €66/MWh. The project would become France’s largest offshore wind park to date. As part of a strategic review of its investment portfolio, RWE has indicated its intention to exit the consortium, pending approval from the French authorities. Regardless of RWE’s decision, TotalEnergies has confirmed it will move forward with the project, taking on all consortium commitments and plans to bring a new partner on board.
France’s second National Energy and Climate Plan (NECP), published in 2024, sets a target of 41.3% renewable energy in final energy consumption by 2030. Offshore wind capacity is projected to reach 3.6 GW by that time. Looking further ahead, France aims to develop 50 offshore wind parks with a combined capacity of 40 GW by 2050.
ENER Data
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25 September 20252 min readFrance Awards 1.5 Gw Offshore Wind Tender To Totalenergies And Rwe
ENER Data
25 September 2025
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Boviet Solar Boosts Pv Module Production To 3.0 Gw At Greenville, North Carolina PlantBoviet Solar Technology Co., Ltd., a leading solar energy technology company specializing in monocrystalline PV cells and its premium Gamma Series™ Monofacial and Vega Series™ Bifacial PV modules, announced the successful addition of a third PV module production line at its Greenville, North Carolina factory. This expansion increases the facility’s annual PV module production capacity from 2.0 GW to 3.0 GW.
The Greenville PV Module Factory (Phase I), which began operations in April 2025, produces Boviet Solar’s top-performing Gamma Series™ Monofacial and Vega Series™ Bifacial PV modules. The new production line strengthens the company’s ability to meet the growing demand for domestically produced solar products, supporting the United States’ clean energy transition.
In addition, Boviet Solar completed the exterior construction of its Phase II PV Cell Manufacturing Facility in Greenville in late August 2025. The facility is on track to begin mass production in 2026, with a planned annual capacity of 3.0 GW. This will align with the expanded 3.0 GW PV module capacity at the Greenville PV Module Factory, ensuring a fully integrated U.S.-based solar manufacturing operation.
“The addition of a third production line marks another significant milestone in our Greenville journey. It enhances our ability to provide reliable, U.S.-made PV modules while creating high-quality local jobs,” said Marco Marquez, General Manager of Boviet Solar’s Greenville Factory.
Sienna Cen, President of Boviet Solar USA, added, “Boviet Solar is committed to the U.S. solar market. With 3.0 GW of PV module capacity and the upcoming PV cell factory, we are fulfilling our promise to expand domestic manufacturing, invest in local communities, and accelerate the nation’s renewable energy goals.”
Once both facilities are fully operational, Boviet Solar will deliver 3.0 GW of PV cell production capacity and 3.0 GW of PV module production capacity in the United States. The Greenville investment represents more than $400 million in total capital and is expected to create over 1,300 skilled local jobs. This milestone reinforces Boviet Solar’s position as a reliable and long-term partner in the global solar industry, dedicated to producing high-performance products, supporting domestic manufacturing, and advancing the clean energy transition.
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24 September 20252 min readBoviet Solar Boosts Pv Module Production To 3.0 Gw At Greenville, North Carolina Plant
Solar Quarter
24 September 2025
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Serentica Powers Mining & Metals Giant With 1 Gw Renewable Energy, Cuts 7 Million Tonnes Of Co₂ AnnuallyFrom mining trucks to manufacturing floors, some of the world’s hardest-to-abate industries are accelerating their transition to clean energy. Serentica Renewables has announced that it is supplying a leading Mining & Metals company with 1 GW of renewable energy through a hybrid mix of wind, solar, storage, and transmission solutions designed to meet the reliability demands of energy-intensive operations.
The transition is projected to cut approximately 7 million tonnes of CO₂ emissions annually, aligning with global sustainability benchmarks and strengthening ESG performance for investors. It also sets a precedent for industry-wide decarbonisation, Serentica said.
According to the company, the clean energy supply is enabling smelters and processing units to operate more sustainably by reducing reliance on fossil-based power, ensuring reliable energy for heavy industrial units, and providing a clear pathway to low-carbon operations.
“With Serentica, the shift to decarbonisation isn’t just a vision—it’s a business reality where scale, sustainability, and reliability converge to shape the future of heavy industries,” the company noted.
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24 September 20251 min readSerentica Powers Mining & Metals Giant With 1 Gw Renewable Energy, Cuts 7 Million Tonnes Of Co₂ Annually
Solar Quarter
24 September 2025
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Inox Solar Starts Production At First 1.2 Gw Phase Of Module Plant In IndiaFrom pv magazine India
Inox Clean Energy’s wholly owned subsidiary, Inox Solar, has commenced production at its solar module manufacturing facility in Bavla, Ahmedabad, Gujarat, with an initial capacity of 1.2 GW. The facility is set to further scale up to 3 GW, with the second phase on track to add an additional 1.8 GW of manufacturing capacity
The fully automated plant produces advanced n-type TOPCon solar modules using M10, G12 R, and G12 solar cells.
Inox Solar is also setting up an integrated 4.8 GW solar cell-plus-module manufacturing facility in Dhenkanal, Odisha.
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PV Magazine
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24 September 20251 min readInox Solar Starts Production At First 1.2 Gw Phase Of Module Plant In India
PV Magazine
24 September 2025
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Kuwait Forecast To Reach 2.9 Gw Of Solar By 2030, 10.1 Gw By 2035Kuwait is on track to reach 2.9 GW of cumulative solar capacity by the end of the decade, up from a current 50 MW today, according to figures released by Norwegian research company Rystad Energy.
According to figures shared with pv magazine, Rystad Energy is forecasting Kuwait to surpass 1 GW of solar in 2029. The country’s solar capacity is then expected to grow more rapidly during the first half of the next decade, projected to reach 4.2 GW in 2031, 5.6 GW in 2032, 7 GW in 2033, 8.6 GW in 2034, and 10.1 GW in 2035.
Kuwait has set a target of increasing the share of renewable energy in its electricity generation from less than 1% today to 15% by 2030.
Rystad Energy’s analysis suggests that the target could be out of reach, with researchers projecting total renewable capacity – consisting of solar, onshore wind and solar thermal energy – will reach 3.3 GW by 2030, equivalent to 7% of Kuwait’s power generation, increasing to 11 GW by 2035, for around 20% of Kuwait’s power generation.
Major investments in both grid reliability and solar energy are planned in Kuwait as the country works to counter rising temperatures, aging energy infrastructure and unplanned power outages that make imports unavoidable. The nation is also planning to reduce domestic oil consumption by gradually replacing oil with natural gas in its power generation mix, both to free up crude for export and increase its reliance on renewables.
Nishant Kumar, an analyst for Rystad Energy, told pv magazine that Kuwait has made notable strides in advancing solar energy, particularly through the 1.1 GW Shagaya Renewable Energy Park tender, which revealed a list of six prequalified bidders in June.
Kumar suggested that to further accelerate solar deployment, regulatory processes should be streamlined via a single-window clearance system to speed up project timelines. He also said fostering public-private partnerships will be crucial to both unlocking new financing opportunities and accelerating large-scale solar projects.
Existing grid infrastructure must be upgraded, Kumar added, while investments in smart grids and energy storage will be necessary to handle the variability of solar power.
Kumar also called for Kuwait to adopt a nationwide net metering policy. “Given that the country benefits from subsidized fossil fuels, leading to low electricity prices for end consumers, implementing a clear, nationwide net metering policy is vital to promote both residential and commercial solar installations,” Kumar explained. “This policy should feature transparent compensation rates and simplified application processes to effectively incentivize consumers to adopt solar technologies.”
In May, the Kuwait Authority for Partnership Projects launched a tender for two solar power plants with a combined capacity of 500 MW in the Jahra region of Kuwait. The project is part of the Shagaya Renewable Energy Park, which consists of several renewable energy power plants, including wind, solar, concentrated solar power and battery storage.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
PV Magazine
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24 September 20253 min readKuwait Forecast To Reach 2.9 Gw Of Solar By 2030, 10.1 Gw By 2035
PV Magazine
24 September 2025
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Brookfield, Solarvest To Develop 1.5 Gw Of Renewable Projects In MalaysiaBrookfield has entered into a joint investment framework agreement with Solarvest Holdings Bhd to jointly develop, construct, and operate more than 1,500 MW of utility-scale solar and battery energy storage system (BESS) projects. These projects will be developed in Malaysia over the next three to five years.
Solarvest will provide its local development expertise and experience in project execution, while Brookfield will contribute large-scale capital access, corporate offtake relationships, and operational capabilities. Furthermore, the initiative marks Brookfield’s first investment in Malaysia through its Catalytic Transition Fund, which is Brookefield’s investment vehicle to focus on accelerating decarbonisation in emerging markets.
Solarvest, founded in Malaysia, is a clean energy company with presence across Asia-Pacific. The company has a renewable portfolio of more than 2,300 MW of completed and ongoing projects. Additionally, it has also diversified into other clean energy segments, including hydrogen, BESS, data centres, energy efficiency, and low-carbon mobility.
In January 2025, Solarvest signed a MoU with Saigon Jim Brother’s Corporation (EVM) and Power Engineering Consulting Joint Stock Company 2 (PECC2) to advance renewable energy adoption in Vietnam. The partnership will utilise the direct power purchase agreement mechanism via the national grid to supply green electricity to EVM’s operations in the country.
Renewable Watch
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24 September 20252 min readBrookfield, Solarvest To Develop 1.5 Gw Of Renewable Projects In Malaysia
Renewable Watch
24 September 2025
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Nofar Secures 1 Gw Of Us Solar Project PortfolioNofar USA, a wholly-owned subsidiary of Nofar Energy, has secured more than 1,000 MW of solar development projects across several US markets through acquisitions and exclusive development agreements. The transactions will expand the company’s portfolio to include both utility-scale and distributed generation projects.
Commercial operations for these projects are scheduled between 2026 and 2029. The solar portfolio covers projects at different stages of development, ranging from early-stage to ready-to-build status. These projects are spread across multiple regional transmission organisations and independent system operators.
In March 2025, Nofar USA and Qcells USA signed an agreement to develop and construct two battery energy storage system (BESS) projects in Texas with a combined capacity of 350 MW and a two-hour duration (700 MWh). The projects, namely Bracero Pecan (230 MW/460 MWh) in Reeves County and Fairway (120 MW/240 MWh) in Freestone County, are in the final stages of interconnection approvals and are scheduled to come online in 2027.
Renewable Watch
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23 September 20251 min readNofar Secures 1 Gw Of Us Solar Project Portfolio
Renewable Watch
23 September 2025
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Inox Solar Begins Production At Its New 3 Gw Solar Module Manufacturing PlantInox Clean Energy Limited’s wholly owned subsidiary, Inox Solar Limited, has announced the start of production at its new solar module manufacturing facility in Bavla, Ahmedabad, Gujarat. The facility has begun operations with a first-phase capacity of 1.2 GW, which is part of a larger 3 GW plant.
The state-of-the-art, fully automated Bavla plant is equipped with advanced technology to manufacture N-type TOPCon solar modules using M10, G12R, and G12 solar cells. These modules represent the latest standards in global solar manufacturing, offering higher efficiency, reduced degradation, and improved reliability. The bi-facial design of the modules allows them to generate power from both sides, increasing the capacity utilization factor (CUF) and improving overall productivity.
As part of its future plans, Inox Solar will expand the Bavla facility to its full 3 GW capacity in the second phase. In addition, the company is developing an integrated solar cell and module manufacturing plant with a capacity of 4.8 GW in Dhenkanal, Odisha. This project will play a key role in strengthening India’s domestic solar manufacturing ecosystem, reducing reliance on imports, and positioning the country as a major contributor to the global renewable energy supply chain.
Devansh Jain, Executive Director of INOXGFL Group, highlighted that the first phase of the Bavla facility was completed within just four months. He stated that this milestone is not only about expanding production capacity but also represents a significant step toward India’s energy independence. With the current gap in domestic solar cell manufacturing, large companies like INOXGFL, which offer integrated solutions, are well positioned to benefit from the sector’s growing opportunities.
Bharat Saxena, CEO and Whole-time Director of Inox Clean Energy, added that Inox Solar is rapidly increasing its capacity while providing advanced solar technology. He emphasized that the commissioning of the first phase of the Bavla facility aligns with India’s goals of self-reliance and sustainability in power generation. The achievement further reinforces INOXGFL Group’s reputation and leadership in the renewable energy sector.
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22 September 20252 min readInox Solar Begins Production At Its New 3 Gw Solar Module Manufacturing Plant
Solar Quarter
22 September 2025
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Brookfield And Solarvest Partner To Deliver Over 1.5 Gw Of Renewable Energy In Malaysia In The Next 3–5 YearsBrookfield, a leading global investment firm headquartered in Canada, has signed a Joint Investment Framework Agreement with Malaysian clean energy company Solarvest Holdings Bhd to jointly develop, construct, and operate at least 1.5 GW of utility-scale solar and battery energy storage projects in Malaysia. Brookfield manages one of the world’s largest and most diversified renewable power and transition asset portfolios, with over 270 GW of operational and development capacity.
This partnership with Solarvest represents Brookfield’s first investment in Malaysia through its Catalytic Transition Fund, which is the firm’s primary vehicle for investing in and accelerating decarbonization projects in emerging markets worldwide. Malaysia was chosen for this collaboration due to its strong position as a renewable energy market in Southeast Asia, supported by robust demand and favorable policy frameworks.
Under the agreement, Solarvest will contribute its local development expertise and proven execution track record, having developed more than 2.3 GW of solar PV projects across Malaysia. Brookfield will provide large-scale capital, access to global and regional corporate offtake relationships, and operational expertise, enabling the partnership to deliver high-impact renewable energy solutions.
Daniel Cheng, Head of Renewable Power & Transition for Asia Pacific at Brookfield, stated that Malaysia is emerging as a regional leader in clean energy, driven by ambitious national targets and growing demand from utilities and corporates, including data centers and semiconductor manufacturers. He emphasized Brookfield’s commitment to deploying significant capital in Malaysia to support decarbonization initiatives and provide clean energy solutions to key corporate and hyperscale customers.
Dato’ Davis Chong, Executive Director and Group CEO of Solarvest, said the partnership marks an important milestone for Solarvest in advancing Malaysia’s low-carbon transition. He highlighted that combining Solarvest’s expertise with Brookfield’s financial strength and global network will enable the delivery of impactful renewable energy projects, strengthen energy security, and support the region’s path toward carbon neutrality. The collaboration also opens opportunities for Solarvest to expand its presence across the region and meet the growing demand for sustainable energy solutions.
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22 September 20252 min readBrookfield And Solarvest Partner To Deliver Over 1.5 Gw Of Renewable Energy In Malaysia In The Next 3–5 Years
Solar Quarter
22 September 2025
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Brookfield, Solarvest Partner On 1.5 Gw Of Solar-Plus-Storage In MalaysiaCanadian investment firm Brookfield and Malaysian solar company Solarvest Holdings Bhd have entered into a joint investment framework agreement for 1.5 GW of solar and battery energy storage projects in Malaysia.
Under the terms of the agreement, the two parties will jointly develop, construct and operate the projects over the next three to five years.
A statement posted on Bursa, the Malaysian stock exchange, adds that the projects will be developed under the relevant renewable energy programmes available in Malaysia, including the Corporate Renewable Energy Supply Scheme and Large Scale Solar Program.
Projects will be developed by a special purpose vehicle, according to the investment framework, with Solarvest holding a 51% share and Brookfield the remaining 49%.
The partnership with Solarvest is Brookfield’s first investment in Malaysia and is made via the company's Catalytic Transition Fund, which is backed by $1 billion of catalytic capital provided by Altérra, the world’s largest private climate investment fund.
Brookfield says it chose to invest in Malaysia due to the country’s strong renewable energy market that is buoyed by supportive policy frameworks.
“Malaysia is emerging as a regional leader in clean energy, underpinned by ambitious national targets and surging demand from both utilities and corporates given the country’s growing role as a hub for data centers and semiconductor manufacturing,” added Brookfield’s Head of Renewable Power & Transition for Asia Pacific, Daniel Cheng.
Solarvest’s portfolio of completed and ongoing solar projects in Malaysia reaches 2.3 GW, while Brookfield’s portfolio of renewable power and transition assets globally totals 270 GW of operational and development capacity.
Last month, subsidiaries belonging to Malaysian companies Gentari and Gamuda revealed plans to develop 1.5 GW of solar tied to battery energy storage to supply hyperscale data centers located in Malaysia.
More recently, the government of Malaysia approved 13 solar projects with a cumulative capacity of almost 2 GW in the country’s fifth large-scale solar program.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
PV Magazine
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22 September 20252 min readBrookfield, Solarvest Partner On 1.5 Gw Of Solar-Plus-Storage In Malaysia
PV Magazine
22 September 2025
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South Africa Cancels A 3 Gw Gas-Fired Plant In Richards BaysThe South African Supreme Court of Appeal has cancelled a government permit allowing the state-owned power utility Eskom to build a 3 GW CCGT gas-fired power plant in Richards Bay, after the company failed to properly consult affected communities. Eskom will have to restart the approval process for the projects after conducting public consultations.
Initiated in 2019, the project has been dormant since then, due to the opposition of environmental groups. A LNG import plant was also proposed in Richards Bay, but has been also cancelled in 2024, as well as several other gas-fired plants.
Eskom owns and operates 15 coal power plants with a capacity of 40 GW, 1 nuclear plant (1.9 GW Koeberg), 4 gas/oil fired plants (2.4 GW), 5 hydropower plants (3.3 GW, including 2.7 GW of pumping stations), and 1 wind power plant (Sere, 100 MW).
ENER Data
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19 September 20251 min readSouth Africa Cancels A 3 Gw Gas-Fired Plant In Richards Bays
ENER Data
19 September 2025
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