US policy uncertainty leads to $1.4 billion in clean energy cancellations
Around $1.4 billion in US clean energy manufacturing investments were canceled in May 2025 due to policy uncertainty, according to research group E2. Republican districts saw the greatest impact, with more than $9 billion in projects canceled, delayed or shut down so far this year.
Array Technologies to acquire APA Solar
Solar tracker supplier Array Technologies has signed an agreement to acquire Ohio-based solar racking company APA Solar for $179 million.
Indonesia’s Pertamina secures 20% stake in Citicore Renewables
Indonesia’s Pertamina New & Renewable Energy (Pertamina NRE) has acquired a 20% stake in Philippine solar developer Citicore Renewable Energy Corp. (CREC) for $120 million, with both companies planning joint investments in solar and other renewable projects in Indonesia.
Romania extends investment in solar for public institutions
Romania’s Ministry of Energy is backing 47 solar projects to produce electricity for self-consumption in schools, hospitals, city halls and other public institutions. It has now supported more than 1,000 such contracts, together reaching a combined capacity of 390 MW.
Zambia invests $40 million in solar for schools, hospitals
Zambia has launched a $40 million investment under its Presidential Solar Initiative to install solar systems at 209 public institutions, including schools and hospitals.
Innova secures PPAs covering 61 MW of UK solar projects
UK developer Innova inks three PPAs with energy trading and services company ElectroRoute. The offtake agreements have been structured to align with existing UK government backed contracts for difference agreements in place for each site.
Despite low gas prices, solar, wind remain cheapest sources of power in US
Renewables remain cost-competitive in the United States despite rising natural gas competitiveness, according to Lazard’s 2025 “Levelized Cost of Energy+” report, which estimates combined cycle gas at $0.048/kWh to $0.107/kWh, solar at $0.038/kWh to $0.212/kWh, and nuclear at $0.141/kWh to $0.220/kWh.
UK small-scale solar costs tumble as competition heats up for installers
Figures for 2024-25 financial year reveal double-digit percentage drop in median price for UK small-scale solar. Falling prices were driven by increased supply and technology advancements, according to DESNZ, while installer warns new rooftop opportunities could come with tighter margins.
NOA secures financing for 349 MW solar project in South Africa
South African independent power producer NOA has reached financial close with Standard Bank on its 349 MW Khauta South Solar PV project near Welkom, Free State. The project will be the country’s largest single-asset solar facility once operational.
Tiering markets, evaluating offtakers’ risk: Strategic value in Europe’s C&I solar segment
EUPD Research projects that between 2025 and 2029, the European C&I solar segment will expand from 33 GW of annual installations in 2025 to over 40 GW in 2029, leading to an aggregated new C&I installation of 185 GW in the next five years. By the end of 2029 alone, this surge in capacity is expected to prevent approximately 88 million tons of CO₂ emissions equivalent to saving around 204 million barrels of oil in a single year.
