Category: Solar Power

US installs 7.5 GWdc of Solar Capacity in Q2 2025: Report

US installs 7.5 GWdc of Solar Capacity in Q2 2025: Report

September 18, 2025 | , ,

The US solar industry installed 7.5 GWdc of capacity in the second quarter of 2025, a 24 per cent decline from Q2 2024 and a 28 per cent decrease compared with Q1 2025. Every segment saw declining volumes except for commercial solar, where a strong pipeline of projects under California’s former net metering regime continues to come online. Second quarter residential solar installations landed just over 1 GWdc as high interest rates and economic uncertainty continue to suppress demand. Several bankruptcies of major residential solar companies also contributed to lower installation volumes.

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Citicore energises agro-solar plus BESS project in Philippines

Citicore energises agro-solar plus BESS project in Philippines

September 16, 2025 | , , ,

Citicore Renewable Energy Corporation (CREC) has switched on the Batangas 1 Power Plants, consisting of the Lumbangan and Luntal projects. The projects will have a capacity of 197 MW of hybrid agro-solar with a 320 MWh battery energy storage system (BESS). The projects are a part of CREC’s plan to add 5 GW of renewable capacity within the next five years.

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Saudi Arabia issues RFQ for 5.3 GW renewable projects

Saudi Arabia issues RFQ for 5.3 GW renewable projects

September 16, 2025 | , , ,

Saudi Power Procurement Company (SPPC) has issued a request for qualification (RFQ) for the seventh round of solar and wind projects under the National Renewable Energy Program (NREP) led by the Ministry of Energy. The round covers a total capacity of 5,300 MW, comprising four solar photovoltaic projects and two wind projects across different regions of the country.

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Longroad Energy secures financial close for Texas solar project

Longroad Energy secures financial close for Texas solar project

September 16, 2025 | , ,

Longroad Energy has achieved financial close and started construction of the 1000 Mile Solar project in Yoakum County, Texas. The financing structure includes tax equity commitment from Morgan Stanley Renewables Inc. and debt financing from Societe Generale and CIBC, with further participation from ANZ, Barclays, and Key Bank. The project will have a capacity of 400 MWdc.

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Iberdrola to acquire 30.3 per cent stake in Neoenergia

Iberdrola to acquire 30.3 per cent stake in Neoenergia

September 11, 2025 | , ,

Iberdrola has reached an agreement to purchase a 30.29 per cent stake in Neoenergia from PREVI. With this acquisition, Iberdrola will hold approximately 84 per cent of Neoenergia’s share capital. The agreed price of 32.5 BRL per share represents a total cash payment of 11.95 billion BRL, equivalent to about €1.88 billion. The completion of this transaction remains subject to the necessary regulatory approvals.

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Georgia Power secures approval for 1,068 MW solar PPAs

Georgia Power secures approval for 1,068 MW solar PPAs

September 10, 2025 | , ,

Georgia Power has received approval from the Georgia Public Service Commission (PSC) for five new utility-scale solar power purchase agreements (PPAs) under the Clean and Renewable Energy Subscription (CARES) 2023 programme. These projects, with a cumulative capacity of 1,068 MW, will be developed and operated by third-party companies selected through the CARES 2023 Request for Proposal.

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ACWA secures ADB loan for wind plus storage project in Uzbekistan

ACWA secures ADB loan for wind plus storage project in Uzbekistan

September 10, 2025 | , , ,

The Asian Development Bank (ADB) and ACWA Power have signed a $51 million loan package to support the development of the Nukus 2 wind and battery energy storage system (BESS) project in Uzbekistan’s Qoraozak district of the Republic of Karakalpakstan. The project involves the construction and operation of a 200 MW wind project alongside a 100 MWh BESS project.

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Nautilus Solar secures financing to develop community solar projects in US

Nautilus Solar secures financing to develop community solar projects in US

September 9, 2025 | , ,

Nautilus Solar Energy has closed a $275 million long-term debt facility. The financing will support the development of more than 25 community solar projects expected to become operational within the next year across Illinois, Maryland, Delaware, New York, and Rhode Island. These projects will reportedly add over 130 MW of capacity to local grids. Additionally, they will expand Nautilus’s total operating and managed portfolio to 700 MW. 

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Philippines announces results of GEA-4

Philippines announces results of GEA-4

September 8, 2025 | , , ,

The Philippines Department of Energy has released the results of the fourth green energy auction (GEA-4). The tendered capacity was 10,653 MW, with 9,423.622 MW subscribed, reflecting an 88 per cent subscription rate. The auction covered ground-mounted, roof-mounted, and floating solar, onshore wind, and integrated solar with energy storage systems. A total of 111 bids were accepted. 

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Record-breaking sunshine pushes British solar to new heights: EMBER

Record-breaking sunshine pushes British solar to new heights: EMBER

September 8, 2025 | , ,

Solar power in Great Britain had a record-breaking start to 2025, with solar up 32%, to produce a record 9.91 TWh, breaking generation records for five months in a row since March 2025. A further record was broken on the 8th of July with the highest ever level of solar power on the grid at 14 GW. This level is repeatedly being raised. For comparison, this is 44% higher than 5 years prior when the solar peak in 2020 was just 9.7 GW. The continued deployment of new solar panels means that in 2025, one of the sunniest years on record to date has been successfully translated into high levels of power generation.

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Ingeteam supplies inverters for 640 MWdc solar project in Texas

Ingeteam supplies inverters for 640 MWdc solar project in Texas

September 4, 2025 | , ,

Ingeteam has provided photovoltaic (PV) inverters for the Parliament Solar project located in Waller County, near Houston, Texas. The project has a capacity of 640 MWdc, and is expected to generate nearly 1,100 GWh of electricity annually. The company’s scope of delivery for the project included 149 units of its 149 INGECON® SUN 3Power Series C liquid-cooled central photovoltaic inverters.

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BDx Data Centers and HEXA ink cross-border green energy deal

BDx Data Centers and HEXA ink cross-border green energy deal

September 4, 2025 | , , ,

BDx Data Centers has entered into a partnership with HEXA Renewables to supply 50 MW of renewable energy to the Singapore-Malaysia grid. The agreement introduces a cross-border model aimed at supporting Singapore’s renewable energy demand through the development of new clean energy projects in Malaysia. HEXA Renewables is a renewable energy platform founded in 2020.

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Q ENERGY secures financing for Spanish hybrid solar portfolio

Q ENERGY secures financing for Spanish hybrid solar portfolio

September 3, 2025 | , , ,

Q ENERGY has secured debt financing for “Taurus B,” a portfolio of seven solar photovoltaic projects, located across three provinces in northern and southwestern Spain with a cumulative capacity of 251.71 MW. The financing was arranged by Mitsubishi UFJ Financial Group and BNP Paribas. The company will act as the sole owner, as well as the engineering, procurement and construction (EPC) and operations and maintenance (O&M) contractor.

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Scatec inks PPA for 130 MW solar plant in Colombia

Scatec inks PPA for 130 MW solar plant in Colombia

September 3, 2025 | , ,

Scatec has entered into a 15-year power purchase agreement (PPA) with BTG Pactual Comercializadora de Energía, a Colombian energy trading subsidiary of Banco BTG Pactual S.A. Brazil. The agreement will secure about 85 per cent of the output from a 130 MW solar project, while the rest of it will be traded in Colombia’s electricity market. The project will be Scatec’s first in Colombia. The total capital expenditure is estimated at $110 million.

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Sembcorp to develop floating solar project in Singapore

Sembcorp to develop floating solar project in Singapore

September 2, 2025 | , ,

Sembcorp Industries, through its subsidiary Sembcorp Solar Singapore, has been selected by PUB, Singapore’s National Water Agency, to develop an 86 MWp floating solar photovoltaic project on Pandan Reservoir. This is reportedly the company’s third floating solar project in Singapore. The company has more than 1 GWp of solar capacity and more than 300 MWh of energy storage capacity in Singapore.

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Egypt inks agreement for $220 million solar manufacturing facility 

Egypt inks agreement for $220 million solar manufacturing facility 

September 2, 2025 | , ,

Egypt has signed a land usufruct agreement for the Atom Solar Egypt project in New Alamein City. The project is a partnership between Egyptian, Emirati, Bahraini, and Chinese entities to establish a fully integrated industrial complex across 200,000 square metres in the Sokhna Industrial Zone. It involves developing a 2 GW solar cell production facility, a 2 GW solar panel production facility, and a 1 GWh energy storage manufacturing unit.

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Thailand floats tender for 364 MW floating solar 

Thailand floats tender for 364 MW floating solar 

September 1, 2025 | , ,

The Electricity Generating Authority of Thailand (EGAT) has invited bids for the Srinagarind Dam floating solar project 3 in Thailand. The project will have a planned capacity between 363.95 MW and 364 MW. It is estimated to cost around THB 7.13 billion. Reportedly, EGAT will finance the project. The deadline for bid submission is September 26, 2025.  It forms part of EGAT’s plan to develop floating solar projects on dam reservoirs across Thailand.

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SD Guthrie and Gamuda to develop 1.2 GW solar projects in Malaysia

SD Guthrie and Gamuda to develop 1.2 GW solar projects in Malaysia

August 27, 2025 | , ,

SD Guthrie Berhad (Guthrie) and Gamuda Energy have signed an agreement to jointly develop, own, and operate solar power projects with energy storage systems, in Malaysia. These projects will have a combined capacity of 1,200 MW. The partnership will utilise Guthrie’s land resources across Malaysia along with Gamuda’s experience in renewable energy development in the Asia Pacific region.

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