Italian energy giant Eni has sold a minority stake in its Plenitude subsidiary to US-based investment company Ares for €2 billion ($2.32 billion).
The new partnership will initially provide financing to help crowd in investment for photovoltaic systems and energy storage in Germany and the United Kingdom.
Adani New Industries Ltd. (ANIL) has launched a 5 MW green hydrogen pilot plant in Kutch, India. The plant, powered entirely by solar and backed by battery storage, operates fully off-grid, marking a new step in decentralized, renewable hydrogen production.
Solar Energy Corp. of India (SECI) has launched a tender for 1.2 GW of solar projects connected to India’s interstate transmission system (ISTS), integrated with 600 MW/3,600 MWh of energy storage systems on a build-own-operate (BOO) basis. Bidding closes Aug. 20.
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.
China’s solar power capacity has surpassed 1 TW, marking a historic milestone as the country accelerates its energy transition. Around 92 GW of new PV systems were installed in China in May alone, but analysts warn the pace may slow in the second half of the year.
Analysis of hybrid plants suggests potential to accelerate PV deployment in Turkey through regulation change. Ember analyst Çağlar Çeliköz tells pv magazine changes to capacity limits, rules on where hybrid plants can be located and how they are assessed by the transmission system operator could speed up solar capacity additions.
Myanmar Prime Minister Min Aung Hlaing called for greater domestic production of solar panels and raw materials during a recent visit to a factory in central Myanmar, citing the need to strengthen local supply chains for renewable energy.
Solar Energy Corp. of India (SECI) has launched a tender for 1.2 GW of solar projects connected to India’s interstate transmission system (ISTS), integrated with 600 MW/3,600 MWh of energy storage systems on a build-own-operate (BOO) basis. Bidding closes Aug. 20.
State-owned utility NamPower has started construction on the 100 MW Sores Gaib Power Station in southern Namibia – its largest solar project to date.
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