Solar Energy

Independent power producer Neoen has secured six agrivoltaic projects totalling 124 MWp, reinforcing its position as the leading winner in French solar tenders since 2021.
As the photovoltaic industry enters a phase of deep restructuring, the duel between TOPCon 4.0 and heterojunction technologies is redefining manufacturers’ margins. In 2026, reducing production costs becomes the primary strategic lever for global market leaders.

JA Solar and Trinasolar Lead a Global Solar Market in Crisis

JA Solar and Trinasolar top Wood Mackenzie’s latest semiannual ranking despite a sector-wide net loss of $2.2 billion. Industrial leaders are strengthening their grip on global photovoltaic module supply through rigorous financial discipline.
en_114018181258540
BayWa r.e. has finalised the sale of a 46 MW floating solar park, the country’s largest, to a Dutch public-local consortium, marking a new step in the decentralised structuring of the solar market in the Netherlands.
The ATUM Solar industrial complex, located in Ain Sokhna, will include three factories—two of 2 GW capacity—backed by a $220mn investment from an international consortium.

AMEA Power commissions 120 MWp solar plant in Kairouan, Tunisia

AMEA Power has completed the commercial commissioning of a 120 MWp solar project in Kairouan, marking a national first in Tunisia for a renewable energy installation of this scale.
en_114018181245540
The Gerus plant becomes the first solar installation in Namibia to sell electricity directly on the Southern African Power Pool regional market.
Japanese conglomerate Tokyu teams up with Global Infrastructure Management and Clean Energy Connect to build 800 low-voltage solar plants totalling 70MWDC, under an off-site power purchase agreement for its facilities.

T1 Energy launches construction of 2.1GW solar cell plant in Texas

T1 Energy has begun construction of a solar cell facility in Milam County, Texas, representing an investment of up to $425mn, aimed at strengthening U.S. industrial autonomy in the photovoltaic supply chain.
en_114017181233540
Pivot Energy has secured $225mn in funding from three banking partners to support a portfolio of 60 community solar power plants across nine US states.
Voltalia has started building a 43-megawatt hybrid plant in Sainte-Anne, combining solar, battery storage and bioenergy to meet growing electricity demand in western French Guiana.

Masdar withdraws from ReNew Energy buyout offer, deal collapses

Masdar’s exit ends ReNew Energy's privatisation attempt, despite offer rising to $8.15 per share.
en_1140290942540-1
California surpassed 52.3% of electricity from renewables and large hydro in 2024, marking a major energy milestone while increasing pressure on storage, permitting and curtailed production.
European Energy France has secured two wins in tenders issued by the French Energy Regulatory Commission for its agrivoltaic parks in Saint-Voir, with a combined capacity of 14.3 MWp and commissioning expected by late 2027.

TotalEnergies signs 21-year solar deal with Google in Malaysia

TotalEnergies will supply Google with 1TWh of renewable electricity from a 20MW solar plant in Malaysia under a 21-year power purchase agreement.
en_114016161226540
Enviromena secured approval for its Fillongley solar farm after a local council’s refusal was overturned, despite conflicts of interest tied to public funds used to oppose the project.
According to Wood Mackenzie, the global solar inverter market will face two consecutive years of contraction after record shipments in 2024, driven by regulatory tensions in China, Europe and the United States.

UK allocates $180mn for solar energy in upcoming CfD auction

The UK government has assigned a GBP135mn ($180mn) budget for solar energy in its seventh CfD auction round, aiming to support up to 4 GW of installed capacity.
en_114015151228540-2
SEG Solar launches a strategic industrial project in Indonesia with 3GW capacity to support the supply chain of its photovoltaic modules for the US market.
Vietnam's Boviet Solar has launched two industrial sites in North Carolina to produce solar cells and modules, with over 1,300 jobs created and a total investment of $400mn.
U.S. clean energy capacity growth hits quarterly record, but industry players raise concerns over a slowing market amid regulatory instability.
Norwegian producer Scatec launches commercial operation of its 273 MW solar plant in Western Cape under a 20-year power purchase agreement.

Scatec sells 40% of Obelisk solar project in Egypt to Norfund and EDF

Scatec has signed two shareholder agreements for its 1.1GW hybrid project in Egypt, reducing its economic interest while retaining operational control.
en_114088881232540
The French subsidiary of Solarwatt has filed for court-ordered restructuring, hit by reduced public subsidies and a downturn in the residential solar segment.
Zelestra sells its Latin American platform to Promigas, including 1.4 GW of operational or under-construction assets and 2.1 GW of advanced-stage projects in Chile, Peru and Colombia.

143 US solar companies call for end to federal permitting freeze

Over 140 solar sector companies have urged Congress to lift a directive from the Department of the Interior blocking permit approvals, putting hundreds of energy projects in the United States at risk.
en_114044441231540
Un terminal portuaire en Espagne alliera réfrigération industrielle haute performance et production solaire pour optimiser les coûts énergétiques et les capacités logistiques de PTP Ibérica, avec un démarrage prévu d’ici mi-2026.
Toshiba’s subsidiary commits to acquiring non-fossil certificates from a floating solar power plant operated by OTS in Japan, under a virtual power purchase agreement coordinated by Digital Grid.

Terra-Gen secures $383.3mn for Lockhart III & IV solar project in California

Terra-Gen has closed $383.3mn in financing for the construction of its Lockhart III and IV solar units, adding 205 MW to California’s grid with commercial operations expected in 2026.
en_114033331225540
US developer Ecoplexus has closed a $300mn financing deal with KKR and SMBC to support over 13GW of solar and storage projects under development across the country.
EDP will supply 30% of Carrefour Polska’s energy needs through a PPA combining solar and wind, marking a step forward in the development of renewable capacity in Poland.

France grants €39mn loan for ten solar power plants in Mauritania

French public funding will support the construction of ten solar power plants with storage in Mauritania, as the country works to expand its grid to reach universal electricity access by 2030.
en_114033331234540
Recurrent Energy has received authorisation to develop Tillbridge, a hybrid 1.3 GW solar and battery project in England, strengthening its expansion strategy in the UK market.
Le Koweït a publié une demande de propositions pour la construction d'une centrale solaire de 500 MW, dont l’électricité sera injectée dans le réseau national sur la base d’un contrat de rachat de 30 ans.

Mori Building completes three hybrid solar plants through PPA structured with TEPCO

Mori Building has completed three solar-plus-storage plants in Japan to supply its real estate assets through an intra-group partnership structured by TEPCO Energy Partner.
en_114022221240540
Japanese grid operator OCCTO allocated 75.4MWAC in its third solar auction for FY2025, with an average feed-in-premium price of 7.13 yen per kWh, marking a session that fell short of initial subscription targets.
Octillion has fully converted its electric vehicle battery production facility in Pune to solar power, initiating the rollout of an energy strategy aimed at achieving energy autonomy for all its India-based operations by 2027.

Westbridge receives final approval for solar and storage project in Canada

Westbridge Renewable Energy has secured final regulatory approval in Alberta for its Dolcy Solar project, marking the last step before construction can begin.
en_114022221232540
Chinese firm Sunman will build Australia’s largest solar module plant in the Hunter Valley, backed by AUD171 mn ($111.92 mn) in public funding.
Botswana has concluded a series of energy agreements with Omani public investors, including the development of a 500 MW solar power plant and projects in fuel storage and petroleum trading.