Solar installations in Germany rose by 35% in early 2024

19 Jun 2024 CW Team

According to the solar power organisation BSW, the first four months of 2024 saw a 35% year-over-year increase in Germany's solar power installations, driven by an increase in demand for ground-mounted, commercial, and industrial photovoltaics. As part of its plan to meet 80% of its energy needs from renewable sources by 2030 and become climate neutral by 2045, Berlin has introduced several pieces of legislation to accelerate the expansion of solar power. These measures were prompted by Russia's invasion of Ukraine and the abrupt decline in Russian fossil fuel exports to Germany. Over five gigawatts (GW) of new solar power capacity were added in the first three months of this year, according to BSW, which cited interest in solar power systems from 56% of enterprises and 60% of real estate owners in the largest economy in Europe. According to BSW, installations and solar storage capacity are expected to expand by double-digit percentage points in 2024, reaching government plans of adding 19 GW of new capacity annually to reach 215 GW by 2030, or 25% of the nation's domestic energy consumption. Compared to the same period last year, newly installed photovoltaic capacity on business rooftops increased by 81% in the first four months of this year, while solar installations on open areas increased by 74%. The number of new installations in the residential sector increased by 1%. "Commercial rooftops and underperforming open spaces are now being electrified with solar technology following a significant solar boom in Germany's residential areas," BSW head Carsten Kornig said in a statement.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..