Norwegian developer Scatec ASA has commissioned the first phase of the 1.1 GW Obelisk solar and battery energy storage system (BESS) project in Egypt, backed by $479.1 million in development finance institution (DFI) debt and a fully contracted storage revenue model.

A new metric for assessing total system costs puts a least-cost mix of offshore wind and solar at about €46 ($54.20)/MWh in a future climate-neutral energy system for Denmark. Researchers tell pv magazine that figure is less than half the equivalent cost of nuclear under the same conditions.

BMW Group tells pv magazine its iX5 Hydrogen fuel cell electric vehicle (FCEV) will enter series production in 2028 using a third-generation fuel cell system developed with Toyota, but says hydrogen pump prices must reach parity with diesel for the vehicle to succeed commercially.

The Philippine Economic Zone Authority (PEZA) has formally registered Genuine Renewable Energy and Eco-Friendly Energy Network Corp. (GREEENC) as an ecozone enterprise to manufacture and export PV modules, with the European Union as the primary target market.

South Korea has extended investment tax credits to solar module manufacturing facilities meeting carbon footprint thresholds, in the latest step in a policy trajectory that increasingly uses procurement and tax measures to support domestic manufacturers.

RWE has scrapped its 99.9 MW Butterfly solar‑plus‑storage project in Wales after determining that grid connection availability made it unviable, in a move that comes amid sharply rising connection demand and mounting pressure on the United Kingdom’s queue reform process.

The EU Agency for the Cooperation of Energy Regulators (ACER) says distribution grid investment has risen 51% since 2021, but warns that fragmented planning rules and regulatory distortions could limit efficiency and slow the energy transition.

Tokyu Corp. and partners will supply Tokyu Railway with newly built solar power under a corporate power purchase agreement (PPA), covering about 30% of traction electricity demand.

Hydro-Québec has introduced a grant offering up to CAD 1,000 ($718.40) per kilowatt installed, covering up to 40% of eligible costs to accelerate rooftop solar adoption and reduce payback periods for residential and business customers in the Canadian province of Québec.

The South Korean government has launched a national drive to establish community-owned village solar cooperatives across the country, with more than 500 sites to be selected this year and KRW 550 billion ($366.4 million) in national funds earmarked for 2026.