TCL Solar has inked distribution agreements with AU Solar Solution and Madina Solar. The agreement aims to deliver 150 MW of high-efficiency solar modules to AU Solar Solution and 100 MW to Madina Solar for the Pakistani market in 2025. The partnership combines global R&D capabilities and vertically integrated manufacturing of TCS Solar with deep local market penetration of AU Solar Solution and Madina Solar.
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The Australian Renewable Energy Agency (ARENA) has launched a AUD 60 million funding round for research and development (R&D). The R&D is to discover innovative solutions for ultra low-cost solar. The funding reflects ARENA’s ambition for innovation in solar PV and will focus on six areas across two streams. The first stream covers cells and modules, while the second stream covers balance of systems, operation and maintenance.
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US President Donald Trump has signed an executive order for the elimination of subsidies for unreliable green energy sources like wind and solar. The move is in furtherance of the One Big Beautiful Bill Act. It directs the Secretary of the Treasury to terminate the clean electricity production and investment tax credits for wind and solar facilities. It also instructs for the implementation of the enhanced Foreign Entity of Concern restrictions.
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SUNOTEC has acquired 100 per cent share capital in the SIA DSE Lazas Solar from Danish Sun Energy ApS to build a new PV solar power plant. The plant has a total capacity of 400 MWp with a storage capacity of 600 MWh battery storage. The project is located in Cīrava Rural Territory, Lazas parish, Dienvidkurzeme Municipality, and is expected to be commissioned in March 2027. The project’s first phase received ready-to-build permit earlier in June 2025
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GameChange Solar has inked a contract with CEEC-ZTPC to supply its Genius Tracker 1P Single Row system. The trackers will be supplied for the Abydos Solar PV Plant – Phase II in Egypt. The project has been developed by AMEA Power and built by CEEC-ZTPC. It will combine 1 GWac solar photovoltaic power plant with a 600 MWh battery energy storage system. The project is spread across 20 square km in the Aswan Governorate.
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Gamuda Bhd (Gamuda) has inked an agreement with the Downie family to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania, Australia. Under the agreement, Gamuda will take an unspecified equity stake in the portfolio. The portfolio has a combined capacity of 600 MW of wind and solar energy and up to 600 MW of battery storage. Reportedly, the project costs have not been disclosed.
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ib vogt has completed the sale of the Pato solar farm to NextPower V ESG. The Pato solar farm is a 110 MWp solar photovoltaic project in Segovia, Spain. The solar farm generates around 215 GWh of clean electricity annually. The project benefits from a secured long-term power purchase agreement with an industrial technology innovator. Furthermore, the solar farm is equipped with bifacial solar panels with tracking mounts for enhanced efficiency and generation.
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Quinbrook Infrastructure Partners has achieved the completion of construction and commenced commercial operations of the solar asset at the Cleve Hill solar park. The project is now exporting 100 per cent of its 373 MWdc capacity. The project is located in Kent, UK. Furthermore, the Cleve Hill solar park was the first solar and battery storage project to be consented as a nationally significant infrastructure project.
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Arevon Energy has secured the closing of a $600 million credit facility with an option to increase up to $850 million. The facility will enable the company to expand its development portfolio of solar and energy storage assets across US. The facility consists of a $350 million revolving loan and letter of credit facility and a $250 million project letter of credit facility. Furthermore, the facility also consists of provisions for green loan reporting and sustainability linked metrics.
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Plenitude has commenced operations at the northern block of the Renopool photovoltaic plant with an installed capacity of around 130 MW. The northern block is connected to the grid and consists of three photovoltaic plants. It is expected to generate over 265 GWh annually. The Renopool project comprises seven photovoltaic plants, which are distributed across two blocks. The project will reach a total installed capacity of 330 MW once it is completed.
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CleanMax and Toyota Tsusho India Private Limited (TTIPL) have entered a long-term partnership to jointly cater to the clean energy needs of Japanese corporations operating in India. The collaboration aims to accelerate the adoption of renewable energy by leveraging CleanMax’s execution experience and TTIPL’s network across industrial corridors. The newly formed entity will develop and operate 300 MW of renewable energy projects by March 2028.
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Nextracker has been selected to provide its NX Horizon solar trackers for the 550 MW Oricheio PPC Ptolemaida solar PV park. The project is situated in Western Macedonia and is owned by Greek PPC Renewables, which is a subsidiary of the utility PPC Group. The project was constructed by Terna SA. Furthermore, it was developed by repurposing the land of a former coal mine with high-performance solar energy infrastructure to generate clean energy.
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Invenergy and Meta have inked four agreements to supply an additional 791 MW of procured solar and wind energy. The agreements will deliver near-term energy to support Meta’s operations, data center growth, and clean energy goals. The agreements are contracted through four Invenergy developed facilities, which are the 300 MW Yellow Wood Solar Energy Center, 140 MW Pleasant Prairie Solar Energy Center, and 155 MW Decoy Solar Energy Center.
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Eurowind Energy will develop a 220 MW solar park in Romania’s Vișina, Dâmbovița County. The total investment in the solar park amounts to €174.8 million. The park will comprise over 400,000 photovoltaic panels and will be developed on a 354-hectare site. Furthermore, the renewable energy generated from the project will be equivalent to the yearly consumption of approximately 150,000 households.
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Adapture Renewables has executed two environmental attributes purchase agreements (EAPAs) with Meta. The agreements total 360 MW across two solar projects in Texas’s ERCOT region. The projects are expected to reach commercial operation in 2027. The agreements align with Meta’s sustainability goals and build on three previously executed agreements between the two companies in 2023.
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Octopus Energy Group and DTEK have launched the RISE initiative, which stands for Resilient Independent Solar Energy. The initiative will deliver rooftop solar and battery storage systems to Ukrainian businesses and public sector institutions. It aims to raise €100 million to finance 100 on-site energy projects over the next three years. The solar and battery systems will be installed directly on customer premises by D.Solutions.
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Enery Development GmbH (Enery) and OMV Petrom S.A. (OMV Petrom) have formed a joint venture to build and operate the Gabare photovoltaic project. The project will have an installed capacity of 400 MW and is situated in northwest Bulgaria. The project is designed for the potential integration of a battery energy storage system of up to 600 MWh. The two companies plan to invest approximately €200 million in this venture by 2027.
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Druk Green Power Corporation Limited (DGPC) and B.Grimm Power Public Company Limited (B.Grimm) have inked a memorandum of understanding (MoU) for the development of renewable energy project in Bhutan. The agreement establishes a framework of future collaboration for developing other renewable energy projects through Special Purpose Vehicles to be incorporated under Bhutanese law.
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The limited capacity of Türkiye’s electricity grid is negatively affecting the growth of renewable energy capacity. Across both transmission and distribution levels, the available capacity for unlicensed plants in Türkiye is only 0.52 GW. This slows down the realisation of new solar investments in Türkiye, a country with high solar potential. The investment costs required for new grid infrastructure are among the main barriers to increasing capacity allocations. According to TEİAŞ’s 2024–2028 Strategic Plan, 74% of the total 362 billion TL budget planned for the five-year period will be allocated to the renewal and development of the electricity grid. According to the analysis conducted by TEİAŞ and published in its Strategic Plan to assess external factors that may affect its operations and strategic decisions, economic factors have been identified as the second most important element likely to impact the organisation in the future, after technological factors.
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PNE Group has achieved the final project development milestone on its 240 MW Khauta South PV site in South Africa. The milestone is based on the financial close between NOA Group and Standard Bank. Financial close marks the final payment in the sales and development services agreements, and thus the completion of the project for WKN Windcurrent, which is PNE Group’s South African Development team.
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