Operational faults cut returns in 19% of battery storage projects
A recent report from battery intelligence firm Accure reveals that while most battery energy storage systems (BESS) operate reliably, nearly 19% of projects experience reduced returns due to technical issues and unplanned downtime.
IEA lowers 2025-30 forecast for solar growth
The International Energy Agency (IEA) cut its 2025–30 renewables forecast by 5%, citing lower solar additions, though PV still represents nearly 80% of 4.6 TW expected growth.
Costa Rica doubles feed-in rates for new distributed solar producers
Costa Rica’s state utility has approved an average 111% rate increase for new distributed generators under revised eight-year contracts.
Chile loses $562 million to rising solar and wind curtailment
Ember says Chile has curtailed 11,900 GWh of renewable generation since 2022 due to grid congestion, costing operators $562 million.
Kuwait shortlists five bidders for 500 MW solar project
The solar facility is planned for construction in the Jahra Governorate, with the selected developer to be awarded a 30-year power purchase agreement.
Japan launches R&D call for tandem perovskite solar cell mass production
Japan’s New Energy and Industrial Technology Development Organization (NEDO) is accepting proposals for a six-year R&D program to advance large-scale manufacturing technologies and field testing of next-generation tandem perovskite solar cells.
US government cancels $7.6 billion of energy awards in Democrat-led states
The US Department of Energy canceled $7.56 billion in financial awards for 223 energy projects across 16 historically Democrat-led states, citing inadequate documentation and failing economic and security standards.
Romania’s grid operator publishes rules for capacity auctions
All generation and energy storage facilities of 5 MW or larger in Romania will be required to secure grid access via annual auctions beginning January 2026. The country’s transmission and system operator, Transelectrica, has published how it plans to implement the auctions.
Colombia creates fast-track licensing for 10 MW to 100 MW solar projects
Colombia has approved a new permitting scheme for solar projects of 10 MW to 100 MW, aiming to cut approval times by up to 70% while tightening social and environmental requirements.
Chile’s energy storage capacity reaches 4.6 GWh
According to data from the Chilean Association of Renewable Energy and Storage (ACERA), the share of non-conventional renewable energy in Chile’s electricity grid rose to 39.5% of total generation in August.
