Brazilian energy storage hampered by technical challenges, lack of regulation
While Brazil wastes billions of real on curtailment, the electricity sector is demanding urgent action on an energy storage capacity reserve auction which is now not expected until 2026. ‘What is missing is the courage to unlock the market,’ said Greener CEO Marcio Takata.
Chinese PV Industry Brief: Fox ESS, Gold Electronics plan IPOs in Shenzhen
The Shenzhen Stock Exchange (SZSE) has approved a plan by Fox ESS to raise more than CNY 1.6 billion ($223 million) through a share sale, while Hangzhou Gold Electronics has secured clearance to seek up to CNY 850 million for its battery management system (BMS) business.
US solar tax credits cut electricity bills by $51 billion per year, says SEIA
US federal solar tax credits cost the United States $25 billion per year, but deliver $51 billion in electricity bill savings, along with $12 billion in federal tax revenue and $3.7 billion in state and local taxes, according to the Solar Energy Industries Association (SEIA), the Brattle Group, and the University of Louisiana
Enfinity closes $245 million for 22 GW solar-storage portfolio
Enfinity Global has secured a $245 million credit facility expansion to fund development, construction, and operation of its 22 GW solar and energy storage pipeline across the United States.
‘It’s not enough to open doors, we must ensure women are supported once they’re inside’
This week Women in Solar+ Europe gives voice to Yana Hryshko, Managing Consultant, APAC, Head of Global Solar Supply Chain Research at Wood Mackenzie. She says that PV industry in China the gender divide, while still present, feels less rigid than in Europe. “Women are active across various departments, including engineering, manufacturing, QA, sales, and research,” she states. “Although men remain the majority, the gap feels narrower than in Europe.”
Neara calls for smarter grid to cut delays in Australia transmission
Jack Curtis, co-founder of Australia-based grid software firm Neara, says upgrading existing transmission networks could unlock capacity faster and with lower risk than new projects backed by the country’s AUD 2.1 billion (USD 1.4 billion) budget allocation for long-distance lines.
Italy extends construction deadline for agrivoltaic tender
Italy has extended the construction deadline for 1.5 GW of awarded agrivoltaic projects to June 30, 2026, after developers failed to meet the original timeline.
Manitoba launches retrofit program to cut home heating costs
The Canadian province of Manitoba has launched the Affordable Home Energy Program to support ground-source heat pump adoption in electrically heated homes. The initiative, run by Efficiency Manitoba, offers no-upfront-cost options and could cut household electricity bills by up to CAD 1,000 ($730) per year.
Bangladesh slashes import duty on solar inverters
Bangladesh has cut the import duty on solar inverters from 10% to 1% to reduce project costs and support utility-scale and rooftop PV systems under its net metering scheme.
China Energy Engineering launches record 25 GWh storage tender as prices hit historic low
China Energy Engineering Corporation’s landmark procurement signals a shift toward market-driven energy storage, with bids reflecting aggressive cost-cutting and rising industry consolidation.
