The two parties have signed a joint investment framework agreement to develop, construct and operate 1.5 GW worth of solar-plus-storage projects in Malaysia over the next three to five years.
The projects, equivalent to 1.88 GW of electrolyzer capacity, were withdrawn after choosing not to continue with the agreement procedure or for being unable to provide a signed completion guarantee. As a result, ten hydrogen projects representing 774 MW in capacity from the reserve list have been invited to prepare grant agreements.
Sungrow, Ginlong Solis, GoodWe and Deye all posted higher first-half revenue in 2025, with Sungrow leading on storage growth and Deye delivering the strongest margins.
Norwegian renewables company Scatec is developing a series of projects in Egypt under the country’s flagship climate action program, including two gigawatt-scale solar-plus-storage sites.
The budget for the sixth round of Poland’s rebate scheme for residential solar and storage installations was extended to a record PLN 1.85 billion ($511.8 million), up from an original PLN 400 million, after receiving 121,000 applications. Over half of the budget will be allocated to home energy storage facilities.
S&P Global’s first 2025 Tier 1 Cleantech Companies list ranks 63 solar, wind, inverter, and battery suppliers by technology, financial health, and sustainability to guide investors and developers.
Tongwei, GCL Technology and Daqo New Energy all reported steep first-half 2025 losses on weak polysilicon prices, with rising n-type output and cost controls failing to offset margin pressure.
Global hydrogen investment has topped $110 billion, up $35 billion from last year, with total committed capacity exceeding 6 million tons (metric tons) per year (mtpa), says the Hydrogen Council.
Utility-scale solar investment fell 19% globally, led by mainland China, Spain, Greece, and Brazil, while EU spending rose 63%, says BloombergNEF (BNEF).
Longi, JinkoSolar, JA Solar and Trina Solar have reported net losses for the first half of 2025, as revenue fell despite strong shipments of high-efficiency modules and storage systems.
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