Ireland to meet 2030 target of 8 GW solar, claims Wood MacKenzie
Wood MacKenzie predicts that Ireland will meet its 8 GW 2030 solar target but wind, heat pumps, and electric vehicles (EVs) are all lagging behind theirs. Ireland’s current installed solar capacity is just under 2 GW, but this could be increased thanks to favorable policy, grid investments, and energy storage.
Swedish heat pump maker Aira raises €150 million, plans production capacity expansion
Aira is raising €150 million in equity financing to support increased production capacity in Wroclaw, Poland, as well as further research and development in Sweden.
Sinovoltaics updates financial stability ranking of energy storage manufacturers
The latest financial stability ranking has Tesla, Mustang Battery, and Solid Power holding the top three spots in a report that tracks Altmann-Z scores for 57 manufacturers over the past three years.
India mandates rooftop monitoring and inverter integration for 30 GW of solar
India’s renewable energy ministry has issued draft rules requiring all solar inverters installed under its 30 GW rooftop program to link directly to national servers, aiming to improve grid stability and cybersecurity. Industry groups back the plan but warn of high compliance costs, supply chain constraints, and uneven connectivity.
Chinese PV Industry Brief: Government targets energy use at polysilicon plants
China’s Ministry of Industry and Information Technology (MIIT) has launched a 2025 inspection program targeting energy consumption at 41 major polysilicon producers to curb output.
Increased solar helps lower European electricity prices
AleaSoft Energy Forecasting’s latest analysis finds a rise in solar energy production helped to bring down electricity prices in some European markets last week. Towards the start of the month, France, Italy, Portugal and Spain all set new records for solar produced on a day in August.
Slovenia deploys 85 MW of solar in H1
Slovenia installed 85 MW of solar in the first half of 2025, driven by growth in commercial and industrial (C&I) projects and utility-scale installations. The lowest total in four years reflects a sharp decline in residential installations, despite continued subsidies for residential hybrid systems.
Philippines completes first MW-scale floating solar array
The Philippines has completed its first megawatt-scale floating solar array, a 4.99 MW installation on the Malubog reservoir, with plans to expand to 50 MW to power a copper mine. In Mindanao, work has begun on a 99 MW solar plant backed by PHP 4.49 billion ($80 million) in green financing from HSBC.
Lyten to acquire Northvolt’s $5 billion battery assets in Sweden and Germany
US startup Lyten has stepped up again to buy Northvolt’s Swedish and German assets, continuing its takeover of the failed battery giant’s $5 billion manufacturing empire. The move marks a major shift in Europe’s battery landscape.
Stellar PV secures AUD 4.7 million for 2 GW solar wafer plant study in Australia
Stellar PV is AUD 4.7 million ($3.07 million) closer to bringing advanced solar manufacturing back to Australia with new funds for a feasibility study of a 2 GW low-emissions polysilicon ingot pulling and wafer facility near Townsville, Queensland.
