Photovoltaic

ReNew Energy Global will commit INR820bn ($9.33bn) to solar, hydro and green ammonia projects in Andhra Pradesh, strengthening its footprint in southern India’s energy infrastructure.
US-based mPower has opened a high-throughput factory for solar modules targeting space missions, with an initial capacity of 1 MW per year, set to double by mid-2026.

Turbo Energy tokenises hybrid projects via Stellar blockchain to target EaaS market

Turbo Energy launches a pilot project in Spain to tokenize hybrid solar installations financing, leveraging Stellar and Taurus blockchain technology to access a $145.18bn EaaS market by 2030.
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Mizuho Lease initiates a takeover bid for Japan Infrastructure Fund, targeting its delisting and a strengthened partnership with Marubeni in solar asset management.
A joint research team in China has developed an innovative molecular strategy to enhance thermal stability and efficiency of perovskite solar cells, paving the way for large-scale production.

DMEGC Solar secures TÜV SÜD certification for its 655 W photovoltaic module

DMEGC Solar received TÜV SÜD certification for its Infinity G12RT-B66 photovoltaic module series, reaching a peak output of 655 W, with mass production scheduled for the first quarter of 2026.
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TotalEnergies has signed a 15-year renewable power agreement with Google to supply its data centres in Ohio through a solar plant connected to the PJM grid.
Statkraft strengthens its presence in Brazil with three new solar and hybrid plants representing an investment of NOK2.3bn ($211mn), consolidating its strategy in a fast-growing energy market.

Delays in U.S. solar projects fall to 20% in Q3

The delay rate for large-scale photovoltaic projects in the United States fell to 20% in Q3 2025, down from 25% a year earlier, despite record growth in installed capacity in 2024.
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Evolution III fund of Inspired Evolution invests alongside FMO and Swedfund to accelerate regional growth of Sedgeley Solar Group, active in solar installations for commercial and industrial sectors.
British company Naked Energy is accelerating its international expansion with a new office in Madrid to deploy its solar thermal technology in the industrially promising Iberian market.

Tata Power to produce 10 GW of wafers to dominate India’s solar upstream

Tata Power is preparing a 10 GW ingot and wafer facility to consolidate its domestic solar chain, secure supplies, and capture PLI incentives ahead of 2026 local content mandates.
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ACEN Australia’s Stubbo Solar project becomes the first solar asset to operate under an LTESA contract, strengthening its role in New South Wales’ energy transformation.
The Japanese oyster producer is investing in both resale and construction of photovoltaic plants, evenly splitting resources to consolidate its GO Store subsidiary's position in the domestic solar market.

Fortescue tests ten large-scale solar technologies with ARENA in the Pilbara

Fortescue launches a solar innovation hub in the Pilbara with AUD45mn ($28.9mn) in public funding to test technologies aimed at accelerating and optimising large-scale solar farm construction.
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The Philippine Department of Energy validated over 10 GW of renewable projects, including floating solar and hybrid systems, in the fourth round of its national green auction programme.
Developer Headwater Energy secured $144mn in financing arranged by BridgePeak Energy Capital to build a 112.5MW solar plant, expanding its portfolio in the southeastern United States.

JA Solar to supply 1.2 GW of modules for two photovoltaic projects in Uzbekistan

JA Solar has signed an agreement with Larsen & Toubro to supply photovoltaic modules for the Samarkand 1 and 2 solar power plants, developed by ACWA Power with a total installed capacity of 1.2 GW.
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Taiwanese company HD Renewable Energy is expanding internationally with major solar and battery storage projects in Australia and Japan, targeting more than 6 gigawatts of installed capacity by 2028.
Two photovoltaic plants with a combined capacity of 1,400 MW will be operational in 2027, strengthening EDF Group's international presence and Asian actors in Saudi Arabia's energy market.
Enfinity Global has signed a ten-year agreement with VW Kraftwerk GmbH for the annual supply of 40 GWh of Guarantees of Origin from its photovoltaic power plants in Italy.
We Recycle Solar and Nations Roof launch a joint offer to manage rooftop solar panel recycling and upgrade energy infrastructure on commercial buildings across the US.

Renewable America completes 9.4 MW solar and storage portfolio in California

The Foster Clean Power project in Humboldt County combines 9.4 MW of solar capacity and 10 MWh of battery storage under a power purchase agreement with Redwood Coast Energy Authority.
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Stardust Solar reports its first-ever positive EBITDA, driven by a 99% jump in quarterly revenue and a record inflow of signed contracts.
GreenYellow is expanding its presence in Poland with a €100mn ($106mn) investment plan to grow its photovoltaic capacity, develop energy storage, and deploy energy efficiency solutions for industrial and commercial businesses.

Korkia and Evolution Power secure approval for 250 MW solar project in the UK

The UK government has authorised the construction of the Stonestreet Green Solar project, combining 150 MWp of solar capacity and 100 MW of battery storage, marking a major step for Korkia and Evolution Power’s infrastructure portfolio.
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The Franco-Saudi consortium has won a 25-year contract to develop a 400 MW photovoltaic plant in the Hail region, as part of Saudi Arabia’s national renewable energy programme.
Marubeni Power Retail will supply Aeon with up to 200MW of solar power via an off-site PPA framework, with delivery set to begin this fiscal year and scale up progressively through 2028.

Clenergy restructures leadership to support global and Australian growth

Clenergy has appointed Haydn Fletcher and Samir Jacob to strategic positions to strengthen its operations in Australia and internationally, amid targeted commercial expansion.
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Abunayyan Holding and US-based Nextracker launch an industrial joint venture in Riyadh to locally produce large-scale solar equipment for Saudi Arabia and the MENA region.
ENGIE North America has signed new power purchase agreements with Meta for a 600 MW solar project in Texas, bringing their renewable energy partnership in the US to over 1.3 GW.

OPES Solar Mobility opens a solar panel factory for vehicles in Germany

OPES Solar Mobility launches Europe's first factory for flexible vehicle solar panels in Zwenkau, targeting truck, bus and utility vehicle markets across several continents.
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Abu Dhabi has begun construction on the world’s first gigascale solar and battery storage project, capable of delivering 1GW of baseload renewable power, with operations expected by 2027.
Shanghai Electric has signed phase II of the Parau photovoltaic project with Econergy, expanding its Romanian solar portfolio to 550 MW.

Swift Solar deploys first perovskite solar panels for US military operations

Swift Solar has installed its perovskite solar panels on a military site for the first time, as part of a US Department of Defense exercise testing energy resilience for critical infrastructure.
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Mitsubishi Logistics has signed a virtual power purchase agreement with JERA Cross for 8MW of solar power, marking a new step in its energy strategies with investment plans through 2030.
The levelised cost of solar electricity continues to fall globally, reaching a regional record of $37/MWh in the Middle East and Africa thanks to tracker technologies, according to the latest market data.

Island Green Power launches new consultation phase for 500MW UK solar project

Island Green Power opens a public consultation on design changes to its 500MW East Pye solar and battery storage project ahead of a permit application expected in early 2026.
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US developer Cypress Creek Renewables has closed financing for the Sundance project, combining 75MWac of solar with 200MWh of storage, with commissioning expected by late 2026.
US-based solar developer Ampliform secured a loan facility of up to $165mn to support large-scale energy projects in key regional markets, with a focus on the PJM grid.