Foxconn launches Fox EnerStor brand to enter global energy storage market
Foxconn has launched its Fox EnerStor brand with residential, commercial and industrial (C&I), and utility-scale batteries. It aims to compete globally, with China and India as key hubs for R&D and manufacturing.
Australia’s SolarCloud opens rooftop solar access to renters, flats
Australian startup SolarCloud has introduced a virtual rooftop solar ownership model that lets renters and apartment residents buy shares in existing commercial systems without installation or approvals.
Europe moves to 15-minute electricity spot market, driving up battery revenue
The shift to 15-minute spot market intervals has increased battery arbitrage revenue in Europe, while providing more accurate signals for grid efficiency, says French battery storage specialist Storio Energy.
Tennet to grant grid access to 6 GW of Dutch battery projects
After unlocking more than 9 GW of high-voltage grid capacity through flexible off-peak contracts, Dutch transmission system operator Tennet is set to allocate roughly two-thirds of the connection rights to battery energy storage systems.
New Zealand introduces building consent exemption for rooftop solar
New Zealand has exempted rooftop solar from building consent requirements, aiming to cut costs and simplify installation processes while maintaining compliance with national safety standards.
Premier Energies buys majority stake in Transcon to enter transformer market
Premier Energies will invest INR 5.003 billion ($56.7 million) for a 51% stake in Hyderabad-based Transcon Ind, marking its expansion into power transformer production.
AI platform aims to transform solar site assessment
Learnewable uses AI-based insights to detail local solar opposition before developers invest time or energy in projects.
Hybrid PPA model improves PV-BESS bankability, say researchers
Researchers have modeled a hybrid financing scheme combining contracted and merchant components to improve the bankability of PV-battery energy storage system (PV-BESS) assets, using a Bayesian LSTM forecast integrated with a MILP optimization model to assess performance.
Chinese PV Industry Brief: Energy China, PowerChina win Saudi EPC deals
Energy China and PowerChina have secured $4.3 billion of engineering, procurement, and construction (EPC) contracts for gigawatt-scale wind and solar projects in Saudi Arabia.
Masdar, EWEC break ground on 1 GW baseload solar-plus-storage project
Abu Dhabi Future Energy Co. (Masdar) and Emirates Water and Electricity Co. (EWEC) have started building a solar-plus-storage project in Abu Dhabi that will deliver 1 GW of continuous baseload energy from a 5.2 GW solar plant paired with a 19 GWh battery system.
