Big Moves
Foxconn and Brookfield to develop 1 GW renewables in Vietnam
Foxconn and Brookfield have partnered to develop renewable energy projects in Vietnam to support Foxconn’s operations and supply chain partners. The collaboration aims to develop up to 1 GW of utility-scale wind, solar, and battery storage capacity across the country. The projects will be backed by long-term power purchase agreements and jointly managed by both companies.
News
Acwa Power Philippines to develop 500 MW hybrid project
Acwa Power Philippines has signed a lease agreement with the Bases Conversion and Development Authority (BCDA) to develop a utility-scale solar and battery energy storage system (BESS) project in New Clark City. The project is expected to reach up to 500 MW of solar PV and battery storage capacity upon full development, subject to regulatory approvals and future expansion phases.
Interviews
Floating solar is getting more reliable and profitable: Ciel & Terre’s Vincent Grumetz
The first floating solar projects were installed 15 years ago, and we can see that those power plants are still running and producing electricity. Thus, the technology is proven. Further, growth is also being driven by the price, and floating solar technology is becoming more competitive. For instance, the price of solar modules went down, and so did the capex of floating solar, thereby making this technology more profitable.
Opinion & Perspective
Unlocking the Huge Solar Potential in Massachusetts’s Environmental Justice Communities
Massachusetts has tremendous solar potential in environmental justice neighborhoods. Activating this resource is key to fulfilling the state’s decarbonization and affordability goals. This is particularly vital as energy costs have become an everyday point of discussion for Massachusetts families, businesses, and policymakers. High prices during one of the coldest winters in years forced too many families to keep their homes at unsafe temperatures. BTM solar and storage are proven technologies that have a lot to offer to the Commonwealth, and in particular, to its most vulnerable populations. Advancing these resources in EJ communities is key for addressing the energy affordability crisis.
Mega Trends & Analysis
US installs 7.8 GWdc of Solar Capacity in Q1 2026
The US solar industry installed 7.8 GWdc of capacity in Q1 2026, a 27% decline from Q1 2025 and a 42% decline compared with Q4 2025. The residential segment installed 1,179 MWdc of solar capacity, increasing 6% year-over-year and declining 15% quarter-over-quarter. The commercial segment installed 523 MWdc, declining 4% year-over-year and 25% quarter-over-quarter. The community solar segment installed 247 MWdc, declining 4% year-over-year and 67% quarter-over-quarter. The utility-scale segment installed 5.9 GWdc, declining 34% year-over-year and 45% quarter-over-quarter.
Policy Watch
Offshore Wind Auctions in the UK: A Success Story
The offshore wind sector in the UK has experienced a year of significant progress, policy innovation and industrial expansion, reinforcing the country’s position as a leading market. Against a backdrop of heightened geopolitical uncertainty and renewed focus on energy security, the government has accelerated efforts to expand offshore wind deployment, strengthen domestic supply chains and reform the electricity system to integrate much larger volumes of renewable generation. The UK has also continued to make progress in floating offshore wind, with the AR7 auction securing two commercial-scale floating projects.
Tech Talk
CAISO’s 2025-26 Transmission Plan: Outlines $7 billion investment to integrate new loads
California’s electricity demand is projected to rise sharply driven by the rapid expansion of large data centres, industrial growth, as well as transport and building electrification. Meeting this demand will require installed capacity additions of over 74 GW and 107 GW, respectively. These additions are also critical to achieving the state energy goals established under the Senate Bill (SB) 100, which mandates a renewables share of 50 per cent by 2026, 60 per cent by 2030 and 100 per cent by 2045. In April 2026, CAISO released its draft 2025-26 Transmission Plan, recommending 38 transmission upgrades with an estimated total cost of $7 billion, phased in over lead times of up to 8-10 years and translating to approximately 0.5 cents per kWh over the life of the projects.
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Webinars & Videos
The Future of Electricity in the Middle East and North Africa Webinar
Across the Middle East and North Africa (MENA) – a region that has long been a cornerstone of the global energy system – electricity demand is surging, driven by cooling and desalination needs, as well as urbanisation, electrification and digitalisation. How countries meet this increased demand will have profound implications for both regional economies and global energy markets.
Knowledge Centre
State of US Clean Power in Q1 2026: Report
Developers canceled more than 8 GW of planned clean power projects in the first quarter 2026 alone, including 4.7 GW of solar projects, bringing total cancellations since the start of 2025 to more than 21 GW nationwide. Developers announced 693 GW of clean power projects nationwide, including projects that are operating, planned and under construction. Planned investment in clean power projects is estimated to reach $377 billion through 2031. An additional 222 GW of clean power projects remain planned or under construction nationwide, with solar and battery storage accounting for 85 per cent of that pipeline. Texas continues to lead the nation in clean power development, with nearly twice as many announced clean power projects as California.
Finance
Can solar panels improve energy access for low-income households in Pakistan?
As electricity prices across Pakistan soar, the Punjab government is testing a novel alternative to traditional subsidies: providing free solar panels to nearly 100,000 low-income households. A new evaluation examines the impact of this programme on electricity access and household outcomes, to determine whether distributed renewable energy can ensure affordable energy access while reducing fiscal burdens. Chronic electricity shortages and rising fuel costs have made it difficult for Pakistan to ensure its people have basic electricity access. The country has historically relied on lifeline tariffs to subsidise electricity access for poor households.
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This space is reserved for sponsored content and advertising banners. Sponsored content can include white papers, webinars, case studies, research reports and other relevant content. The advertising can be in the form of banners with links to the advertiser’s landing page. If you would like to promote sponsored content or advertise, please write to us at: marketing@reglobal.co