Germany’s Federal Network Agency has announced the results of the oversubscribed auction held in July 2026 for ground-mounted and non-building solar photovoltaic installations. The auction offered a total capacity of 2,135 MW. A total of 401 bids representing 3,170 MW were submitted, of which 48 bids were disqualified with 261 bids being successful in the pay-as-bid auction.
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Econergy has signed financing agreements of approximately €229 million for its Părău 2 hybrid project in Romania. The project combines a 342 MWp solar plant with a 150 MW co-located battery energy storage system (BESS). The project is currently under construction and is expected to commence operations in late 2027 or early 2028. Financing close of the project is expected to be completed by November 2026.
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Dimension Energy has secured $857 million in additional financing to accelerate the expansion of its distributed solar platform. The financing package includes a $200 million increase in its corporate credit facility and $657 million in construction-to-term debt and tax equity financing. The financing will support 29 distributed solar projects totalling 149 MW across Illinois, New Jersey, New York, Pennsylvania and Virginia.
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Solar energy systems are designed to generate power consistently, but performance can decline due to factors such as soiling, shading, equipment degradation, and inverter issues. These losses do not always trigger immediate alerts and can go unnoticed, gradually reducing output. Operators rely on monitoring systems to track generation and flag major deviations. While these systems provide visibility, they are designed to catch larger failures, not smaller performance losses that develop gradually and often go unreported across systems.
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Sungrow has partnered with GOLDBECK SoLAR on a utility-scale solar project in Poland, alongside an agreement for a battery energy storage system (BESS) pipeline. The solar framework spans Dobrowo, Kikowo and Sidlowo, Poland. The solar project has an installed capacity of 722 MWp while the BESS pipeline is of 1 GWh capacity. Sungrow will supply 1+X utility inverters and medium-voltage solutions for the project.
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Singapore’s Energy Market Authority (EMA) has granted conditional approvals to Sembcorp Utilities Pte Ltd and Southern Solar Alliance Pte Ltd to import a combined 900 MW of electricity from Peninsular Malaysia. Sembcorp Utilities has received approval for a proposed capacity of 300 MW, while Southern Solar Alliance, a wholly owned subsidiary of Malaysian developer Ditrolic Energy Holdings Sdn Bhd, has received approval for 600 MW.
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Recurrent Energy has secured $695 million in project financing and tax equity for the Cobalt solar project located in Riverside County, California. The project has an installed capacity of 300 MW and is currently under construction. The project is expected to commence operations by the end of 2027. Once operational, the project is expected to generate enough electricity to power approximately 82,000 homes annually.
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Scatec has reached commercial operations date for the second phase of the Obelisk solar and battery storage project in Egypt. The second phase of the project adds 564 MW of solar capacity, taking the total project solar capacity to 1.1 GW alongside the 100 MW/200 MWh BESS. The project is expected to generate more than 3,000 GWh of clean electricity annually which will be supplied to the Egyptian Electricity Transmission Company.
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Purvah Green Power Private Limited has signed an agreement to acquire a 1.4 GWp operating solar portfolio from ReNew Solar Power Private Limited, a subsidiary of ReNew, for an enterprise value of Rs 48.59 billion. The portfolio comprises six project special purpose vehicles (SPVs) located in Rajasthan and Karnataka. More than 90 per cent of the capacity is contracted with the Solar Energy Corporation of India, while the remaining capacity is contracted with Karnataka distribution companies.
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SEG Solar inaugurated the Tomball #1 solar module manufacturing facility in Greater Houston, Texas. The facility represents an investment of $200 million and spans more than 500,000 square feet. The facility has an annual production capacity of 4 GW, thereby bringing SEG’s total US solar module manufacturing capacity to 6 GW annually. Moreover, the facility features four advanced production lines dedicated to manufacturing SEG’s high-efficiency SIERRA N series HJT modules.
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Levanta Renewables has commenced construction of the Barotac Viejo project located in the Philippines. The project will feature a 166 MWp ground-mounted solar photovoltaic (PV) facility integrated with an 80 MWh battery energy storage system (BESS). The project is being developed through Magallanes Solar Energy Corp. Furthermore, commercial operations for the project are scheduled to commence in the second quarter of 2027.
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Solar has been contributing a lion’s share to installed renewable capacity additions. India added approximately 2.8 GW of solar capacity in May 2026, which resulted in around 3.4 GW of renewable capacity addition. Within the cumulative solar capacity of 157.05 GW, ground-mounted utility-scale solar plants account for the major share at 118.79 GW, followed by grid-connected rooftop solar at 27.88 GW, off-grid and PM KUSUM-linked solar at 6.31 GW, and the solar component of hybrid projects at 4.06 GW. Rajasthan leads with over 42 GW of solar capacity, followed by Gujarat at over 32 GW, Maharashtra at over 20 GW, Tamil Nadu at nearly 14 GW and Karnataka at over 11 GW.
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The National Environmental Licensing Authority (ANLA) has granted environmental approval for the Turpiales and Los Nogales solar parks located in Río de Oro, Cesar, Colombia. The projects are being developed by Gestión Grupo Solar Colombia S.A.S. The projects have a combined authorised capacity of 557.2 MWac. Furthermore, the Turpiales solar project will have 348 MWpdc/278.6 MWac of installed capacity while the Los Nogales Photovoltaic Park will have 342.55 MWpdc/278.6 MWac of installed capacity.
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Verdant Energy and Aura Power Developments Limited have merged to create an independent power producer focused on solar and battery energy storage systems (BESS) in UK. The combined platform brings together Verdant’s operating and under-construction solar and BESS assets with Aura Power’s complementary contracted portfolio. The platform will have around 1 GW of solar and BESS capacity.
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Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, has reached final investment decision (FID) and financial close on La Esperanza hybrid project located in Campeche, Mexico. The project comprises a 420 MWdc solar project with a 150 MW/750 MWh five-hour duration battery energy storage system. Project construction is currently underway, with commercial operations expected to commence in 2028.
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The Clean Energy Finance Corporation (CEFC) has committed $100 million to support Australia’s mid-scale clean energy transition. The investment will be deployed in partnership with Infradebt under the Distribution Connected Accelerator Program (DCAP). The program aims to finance the development of up to 16 hybrid solar, battery energy storage, and battery retrofit projects.
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ContourGlobal has commenced construction of the Los Maitenes hybrid renewable energy project in Chile. The project will combine 131 MWp of solar photovoltaic (PV) capacity along with a 90 MW/360 MWh battery energy storage system (BESS). Furthermore, the project is expected to generate around 220 GWh of clean electricity annually. Project completion is expected by the end of 2027.
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PPC Group has signed an agreement to acquire a wind and solar portfolio from EDP Renewables Polska in Poland. The acquisition includes 130.5 MW of operating wind farms, 44.9 MW of operating solar parks and 101.9 MW of cable-pooling solar projects under development, totalling 277.3 MW of acquired capacity. The projects feature an estimated 35-year operating life.
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TotalEnergies has announced the signing of two renewable energy transactions in Europe. Under the first transaction, the company will acquire Shell’s entire onshore renewables business in Europe, including 500 MW of operating and under-construction solar and wind assets and a 3.5 GW development pipeline across Italy, the UK and Spain.
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RWE has signed a 15-year power purchase agreement (PPA) with Google. The agreement covers the entire output of RWE’s 155 MWac Crooked Creek solar project located in McCurtain county, Oklahoma. Project construction is expected to commence later in 2026, with commercial operations expected in 2028.
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