Market News

Astronergy supplied ASTRO N7 modules for a 531 kW rooftop solar project at Betrimex Coconut Processing Factory in Ben Tre, developed by POSOTEC, generating over 700 MWh annually.

SolarMax has secured two engineering, procurement, and construction (EPC) contracts to deliver a combined 400 MWh of battery energy storage system (BESS) capacity in Puerto Rico, reinforcing the island’s push toward grid resilience and energy security.

Peru has taken another step forward in its energy transition, with renewable power sources accounting for 13% of total electricity generation in October, according to data from the Ministry of Energy and Mines. The increase reflects both stronger output from non-conventional renewables and a declining reliance on thermal generation.

China’s Longi says it will begin mass production of base-metal PV modules in the second quarter of 2026 as rising silver prices intensify pressure to reduce metallization costs.

Germany’s solar energy sector, long regarded as a cornerstone of Europe’s energy transition, is showing early signs of losing momentum.

Equity funding for European startups manufacturing energy storage hardware has reached over €2bn, according to new research from Avnet Silica.

D Trading has signed a renewable power offtake agreement for 200MW of capacity from Econergy’s Ratesti and Parau solar projects in Romania.

Consumers Energy has switched on a 250 MW solar project in western Michigan built on an active municipal wastewater treatment site, using a dedicated 138 kV grid connection.

Zambia has officially launched the construction of a 100-MW utility-scale solar photovoltaic (PV) power plant, marking a major milestone in the country’s ongoing transition toward a more diversified and resilient energy mix. The project is located in the Siavonga District, a region strategically selected for its high solar irradiation and proximity to existing grid infrastructure.

India’s largest solar module manufacturer, Waaree Energies, has taken a significant strategic step by securing new funding to advance the development of a 20 GWh energy storage manufacturing facility. The move underlines Waaree’s ambition to evolve from a solar-focused manufacturer into a fully integrated clean energy and storage solutions provider.

Nofar USA, a subsidiary of global independent power producer Nofar Energy, is the successful bidder for the acquisition of a 979-MW utility-scale solar portfolio developed by Pine Gate Renewables, pending approval from the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division.

UK consultants GlobalData say Singapore could add between 300 MW and 400 MW of solar annually through to 2035, taking cumulative capacity from around 1.9 GW today to the 5 GW threshold.

India’s clean energy transition continues to accelerate as Axis Energy announced plans to invest in 5 GW of renewable energy capacity in the eastern Indian state of Odisha. The large-scale programme reflects both growing investor confidence in India’s power market and the country’s strategic push toward diversified, grid-ready renewable generation.

Installation of a 40 MW solar plant in Moramanga was initiated by Afripower, complementing its upgraded 40 MW HFO facility on Madagascar’s Antananarivo grid.

The transaction to sell 50% of the 2.9GW Hornsea 3 offshore wind project does not include a 300MW/600MWh co-located BESS, a spokesperson confirmed to Solar Power Portal.

Nova Scotia has taken a significant step toward positioning itself as a future hub for low-carbon fuels. A large-scale renewable fuels project proposed by Nova Sustainable Fuels has received initial environmental approval, marking an important early milestone in a development that targets some of the hardest-to-decarbonize sectors of the global energy system.

Zambia has officially launched the construction of a 100-MW utility-scale solar photovoltaic (PV) power plant, marking a major milestone in the country’s ongoing transition toward a more diversified and resilient energy mix. The project is located in the Siavonga District, a region strategically selected for its high solar irradiation and proximity to existing grid infrastructure.

Zambia has officially launched the construction of a 100-MW utility-scale solar photovoltaic (PV) power plant, marking a major milestone in the country’s ongoing transition toward a more diversified and resilient energy mix. The project is located in the Siavonga District, a region strategically selected for its high solar irradiation and proximity to existing grid infrastructure.

Inox Clean Energy Limited, a company under the INOXGFL Group, announced that its renewables IPP arm, Inox Neo Energies Limited, has acquired approximately 250 MWp of operational solar projects from SunSource Energy Private Limited, with an additional ~50 MWp pending regulatory approvals. SunSource is a wholly owned subsidiary of SHV Energy, a multinational company headquartered in the Netherlands.

ACEN has reached a significant milestone in its transformation journey by achieving 100 percent renewable energy generation across its portfolio earlier this year.