TPG buys Aurora Energy Research
TPG Rise Climate has acquired UK-based Aurora Energy Research, expanding the US investment firm’s climate analytics portfolio. The deal follows reports earlier this year that Aurora’s private equity owner was exploring a GBP 1 billion ($1.35 billion) sale.
US utility-scale solar falls 30% to 4.4 GW in Q1
The United States installed 4.4 GW of utility-scale solar and a record 1.6 GW of grid-scale energy storage in the first three months of 2025, according to the American Clean Power Association. Solar installations declined about 30% from the previous quarter.
GE Appliances unveils residential hybrid heat pump water heater
The U.S. manufacturer said its new heat pump water heater can provide up to 60% more hot water than standard electric water heaters. The system is available in 240 V and 120 V options and with a capacity ranging from 160 L to 190 L.
pv magazine Homeowner Guide: Understanding the solar installation process
pv magazine is compiling a guide to home solar installations, aimed at those who are interested in installing but are new to the market and want to make an informed decision. We have spoken to associations, installers and industry specialists in major solar markets across the globe to compile best practice guidance and advice that aims to be applicable to home solar installations anywhere in the world.
European initiative launches digital product passport prototype for PV
A digital product passport could support circular practices in the European PV industry by better tracking material composition, recyclability, and supplier information, crucial for material recovery.
Solar leads Spain’s power mix in May
Solar led Spain’s power generation in May with 4,867 GWh, or 23.5% of the total, followed by hydro at 17.3% and wind at 16.7%, according to data from grid operator Red Eléctrica de España (REE).
GCL achieves 29.51% efficiency for perovskite-silicon tandem module
GCL Optoelectronics has achieved 29.51% efficiency for its perovskite-silicon tandem solar module, with the result certified by China’s National Institute of Metrology.
Pakistan’s net-metering capacity hits 5.3 GW
Pakistan’s net-metered solar capacity has hit 5.3 GW, driven by surging rooftop installations and record solar imports from China.
Brazil generates 88% of power from renewables in 2024
Brazil’s electricity mix was 88% renewable in 2024, with wind and solar supplying about 24% of total demand, according to new data from state-owned energy agency Empresa de Pesquisa Energetica (EPE).
Solavita launches 30-50 kW hybrid inverter series
Chinese inverter maker Solavita says its new hybrid inverter series offers high PV oversizing, multi-port battery integration, and grid-smart controls to meet growing demand for scalable solar-plus-storage in commercial and industrial (C&I), and large residential markets.
