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Australia set for massive utility-scale solar and wind investment in 2026

BloombergNEF says Australia will attract AUD 5.1 billion ($3.5 billion) in utility-scale solar and wind investment in 2026, with wind expected to account for about 95% of the total.

Solar met 61% of US electricity demand growth in 2025

A record-breaking year for solar generation and a leap in battery capacity have shifted the US energy landscape, turning solar into a primary workhorse for meeting the nation’s surging power needs.

MGM Resorts achieves 100% daytime solar power on Las Vegas strip

Output from Estuary Power’s recently-completed Escape Solar and Storage project more than doubles MGM’s share of solar energy.

Australian startup moves forward with perovskite solar manufacturing plans

Halocell Energy is set to benefit from the development of a sovereign supply chain for high-purity precursors to perovskite after signing a memorandum of understanding with Queensland advanced materials company Lava Blue.

UK to spend $20 billion on home energy upgrades, mandatory PV for new homes

Cash grants and state-backed loans to support solar and battery storage installations in millions of UK homes as part of government Warm Homes Plan. UK government says investment has the potential to triple the number of homes with rooftop solar by 2030.

Italy installs 6.4 GW of PV in 2025

The country reached a cumulative installed PV capacity of 43.5 GW at the end of December, according to new figures released by Italian grid operator Terna.

Hungary adds 1.1 GW of solar in 2025

Hungary deployed over 1 GW of solar for the third consecutive year in 2025, driven largely by grid-scale solar additions. There are concerns momentum could slow in the coming years due to no new connection permits for large-scale projects authorized over the last three years.

Japan’s solar industry targets vertical bifacial PV with new guide

The Japan Photovoltaic Energy Association (JPEA) has released a voluntary reference guide to support adoption of vertical bifacial PV in Japan, outlining design, performance, and compliance considerations for projects in snow-prone, high-latitude, and space-constrained conditions.

China completes first full-scale underwater pumped storage trial at 65 m depth

DEC’s “Dongchu No. 1” prototype completed more than 100 charge-discharge cycles at 65 meters depth in a freshwater lake.

Guyana plans three utility-scale solar parks

The three new utility-scale projects in region ten of Guyana, with a combined capacity of 15 MW, form part of wider plans to deploy 33 MW of large-scale solar with accompanying energy storage across four of the country’s regions.

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