France records negative power prices for most of May
France recorded negative electricity prices on most days in May, with the monthly average falling to €19 ($21.70)/MWh, the lowest since April and May 2020. Daily prices averaged as high as €69/MWh and as low as -€13/MWh.
Involt Energy breaks ground on 1.78 GW n-type TOPCon solar cell factory
Involt Energy has entered solar cell manufacturing with a 1.78 GW fully automated facility in western India. The company plans to begin ramp-up by mid 2026 with an additional 3 GW cell line and a 3 GW wafer manufacturing facility.
Ivory Coast launches tenders for 200 MW/66 MWh of solar-plus-storage
Ivory Coast has opened tenders for 200 MW/66 MWh of solar-plus-storage, seeking proposals for two 100 MW solar parks each connected to 33 MWh of storage.
1Komma5° unveils VPP-ready solar, battery solution
German home energy and electrification company 1Komma5° has unveiled a residential energy ecosystem for the Australian market including solar panels, hybrid inverter, and the brand’s intelligent battery energy storage solution.
DKEM acquires majority stake in silver paste specialist Solamet
Wuxi Dk Electronic Materials Co., Ltd. (DKEM) is acquiring a 60% stake in Solamet. The Chinese silver paste supplier says it aims to absorb Solamet’s patented solar paste technology and global client base amid mounting margin pressures.
Tesvolt, Samsung announce 5.26 MWh containerized battery system
Tesvolt and Samsung SDI have developed a 5.26 MWh containerized battery system for commercial and utility-scale applications in Europe. It supports multiple inverter brands and is designed for high levels of fire protection and cybersecurity.
TPG buys Aurora Energy Research
TPG Rise Climate has acquired UK-based Aurora Energy Research, expanding the US investment firm’s climate analytics portfolio. The deal follows reports earlier this year that Aurora’s private equity owner was exploring a GBP 1 billion ($1.35 billion) sale.
Salzgitter seeking solar PPA, on-site storage to support green steel shift
A unit of steelmaker Salzgitter AG has launched tenders for a 150 MWp solar power purchase agreement (PPA) and on-site battery energy storage system (BESS) as part of efforts to decarbonize steel production.
Heliene expands solar module capacity with new 500 MW Minnesota plant
Heliene has opened a 500 MW solar module manufacturing line in Rogers, Minnesota, bringing its total US capacity to 1.3 GW. The facility has been operational since April.
RedEarth launches ‘microgrid-in-a-box’ with solar, battery, EV charger
Australian battery solutions provider RedEarth Energy Storage has announced an international partnership that will see it jointly develop an integrated hardware and energy management system combining solar, storage, and bidirectional electric vehicle charging capabilities in a single unit.
