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.

The U.S. solar sector has entered a decisive phase where scale, balance-sheet strength, and execution capability increasingly determine survival. Against this backdrop, Nofar Energy has agreed to acquire a large portion of the U.S. solar portfolio of Pine Gate Renewables for a total enterprise value of approximately USD 575 million.

Gigasun AB has secured five new rooftop solar photovoltaic installations in China, strengthening its presence in one of the world’s largest distributed solar markets. Announced on 2 January 2026, the projects have a combined capacity of approximately 3.8 MW and will be developed, owned, and operated through Gigasun’s wholly owned local subsidiaries.

Bruc, a Spain-based renewable energy investment platform, has successfully closed a EUR 474 million refinancing for its operational solar photovoltaic assets and upcoming battery energy storage projects across Spain. The transaction highlights the growing financial and strategic importance of hybrid solar-plus-storage portfolios in Southern Europe.

CHN Energy has successfully connected its 600 MW Zhundong Solar Project to the grid in Qitai County, located in China’s Xinjiang Uygur Autonomous Region. The project officially began generating electricity on 14 December, following 428 days of continuous construction.

European Energy has received planning approval from the Gladstone Regional Council for its 1.1 GW Upper Calliope Solar Farm, marking a major regulatory milestone for one of Australia’s largest renewable energy developments.

TAURON Polska Energia has secured PLN 268.7 million (~USD 74.8 million) in financing from Bank Gospodarstwa Krajowego (BGK) to develop 120 MW of photovoltaic capacity in southern Poland.

The company has inaugurated a centralised technical monitoring and support platform in Santiago, enabling real-time supervision of battery energy storage systems. From this hub, Sungrow monitors critical parameters such as temperature, cell voltage and state of charge, allowing early fault detection, faster response times and optimised system performance. Monthly KPI-based performance reports further enhance transparency and operational efficiency.

Germany continued its strong solar momentum in 2025, installing 16.2 GW of new solar PV capacity, according to an analysis by Fraunhofer Institute for Solar Energy Systems, based on data from the energy-charts.info platform. This expansion pushed the country’s cumulative installed solar capacity to 116.8 GW by the end of the year—comfortably surpassing the federal government’s 108 GW target for 2025.

Argentina’s renewable energy sector has marked an important milestone with the early commissioning of 140 MW at the San Rafael solar power plant in Mendoza province. Developed by Genneia, the project is progressing toward its full 180 MW installed capacity and stands out as one of the most significant solar PV developments currently underway in the country.

Over the past few years, the rapid decline in the cost of solar panels and battery storage has begun to fundamentally reshape how electricity is produced and consumed in South Africa and across large parts of Africa. Affordable systems—largely manufactured in China—have enabled households and businesses to generate their own power, reducing dependence on aging coal-fired plants and often unreliable national grids.