Romania removes double taxation on energy storage
Under the new ‘Order on the Methodological Norms’, electricity charged from the grid and subsequently discharged back onto it is exempt from several key regulated tariffs in Romania.
Iberdrola plans 1.32 GW pumped-hydro storage project in Portugal
Iberdrola has started approval processes for a 1.32 GW pumped-hydro storage project in Portugal. The Proyecto de Aprovechamiento Hidroeléctrico de Minhéu is set to become the country’s largest facility of its kind once completed.
Saudi Arabia signs 5 solar PPAs totaling 12 GW
Saudi Arabia has inked five solar power purchase agreements (PPAs) with a developer consortia led by ACWA Power covering 12 GW of new capacity. Alongside two wind PPAs totaling 3 GW, the seven projects have been billed as the largest renewable energy capacity signed for in a single phase globally.
Poland allocates 1.67 GW of PV in renewables auctions
Figures from Poland’s Energy Regulatory Authority (URE) show that solar accounted for 178 of the 181 successful bids awarded under the country’s latest renewables auctions. Auctions covering hydroelectric power plants, agricultural biogas plants, and biomass went unresolved due to a lack of valid offers.
Malaysian utility unveils hydro-floating solar, hydrogen hubs
Tenaga Nasional Berhad says the newly-announced hybrid hydro floating solar hub and green hydrogen hub will position Malaysia as a regional leader in the green hydrogen value chain.
Shakti Pumps invests $1.4 million in solar manufacturing
Shakti Pumps (India) Ltd. has invested INR 120 million ($1.4 million) in its solar-focused subsidiary, Shakti Energy Solutions Ltd, in exchange for equity shares to support manufacturing expansion.
Edify Energy plans 2.4 GWh solar, battery project in Australia
Renewables developer Edify Energy has unveiled plans for a major 2.4 GWh solar and integrated battery energy storage facility in Australia, adding to its growing portfolio of power generation and storage projects.
How to cut U.S. residential solar costs in half
Residential solar is about to get more expensive as the 30% investment tax credit expires at the end of 2025. OpenSolar, operator of a free solar design and project management platform, highlights cost-savings opportunities for the industry.
Brazil may add 36.5 GW of solar by 2029, says grid operator
Brazil’s installed solar capacity is expected to rise from 51.7 GW in December 2024 to 88.2 GW by the end of 2029, according to the national grid operator’s 2025–29 Energy Operation Plan.
Maldives resort islands expand solar to meet half of power demand
The Fari Islands in the Maldives are developing a mix of floating and ground-mounted solar installations expected to meet up to 50% of the archipelago’s electricity demand on sunny days. The systems form part of a broader plan to expand renewable energy use across the four-island resort development.
