CATL raises $5 billion in share sale, Sungrow files for Hong Kong IPO for the second time
CATL has completed a roughly $5 billion share sale in Hong Kong on Tuesday. Meanwhile, Chinese inverter and battery manufacturing giant Sungrow is making a second attempt at an IPO after its initial listing bid, launched in October 2025, lapsed.
Bangladesh launches 495 MW solar tender
BPDB has launched a tender for 495 MW of grid-tied solar power projects across 10 sites in Bangladesh, with capacities ranging from 25–100 MW and full private investment required. The bid structure, which places land acquisition and financing risks on developers, has drawn investor concerns over bankability and limited project attractiveness.
Cox buys Iberdrola Mexico for $4 billion
Cox has acquired Iberdrola México for $4 billion, adding 2,600 MW of capacity and becoming Mexico’s largest private power supplier with a 12 GW renewable project pipeline.
China commissions salt cavern hydrogen storage project
China’s first large-scale salt cavern hydrogen storage demonstration project has been commissioned in Henan province. The 1.5 million m³ facility validates geological hydrogen storage technology and supports renewable energy integration.
Bulgaria seeks to revive 864 MW Chaira pumped-storage hydropower plant
Supported by Toshiba, Bulgarian utility NEK is working to restart its 864 MW Chaira pumped-storage hydropower plant, the largest of its kind in Southeastern Europe. The facility has been offline since March 2022 following a turbine failure.
CATL secures world’s largest sodium-ion battery order with Hyperstrong
The two companies announced a 60 GWh supply agreement on Monday, marking a pivotal step in the commercialization of sodium-ion battery technology.
Dyness battery container stolen from BM Energy logistics partner, units to be remotely blocked
A market alert for the attention of installers, distributors and traders in the solar and storage market.
Huaneng energizes 5.4 GW hydro-solar complex in southwest China
Huaneng has commissioned the 5.43 GW Xiaowan Hydropower–Solar Hybrid Project in Yunnan, combining 4.2 GW of hydropower and 1.23 GW of solar under a coordinated “hydro–solar intelligent control” system integrating 16 PV plants.
Meta gains early access to 1 GW of space-based solar power
Through an agreement with Overview Energy, Meta is seeking to bypass terrestrial grid constraints by beaming near-infared light from space to terrestrial solar plants to power high-density AI workloads.
Oxford PV says tandem solar could add up to 5 km to daily EV range
Oxford PV has joined Nissan’s SUITE consortium, advancing perovskite-silicon tandem solar tech that could boost vehicle-integrated solar EV range by an additional 3–5 km per day and push total daily solar driving range toward 15–20 km.
