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Applications & Installations
EU solar and storage push could cut power system costs by nearly half A scenario analysis by SolarPower Europe, modeled by Rystad Energy, finds that accelerating PV and battery storage deployment could save the European Union €223 billion ($260.7 billion) in gas imports between 2026 and 2030 and reduce wholesale electricity prices by 14% compared with 2025 levels.
Brian Publicover
May 05, 2026
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Applications & Installations
IFC, Norfund back 315 solar hybrid minigrids in Nigeria The solar minigrids, to be developed by five renewable energy service companies, are expected to facilitate over 494,000 new electricity connections in Nigeria.
Patrick Jowett
May 04, 2026
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Applications & Installations
TotalEnergies, Nextnorth close financing for 440 MW Philippines solar TotalEnergies and Philippines-based developer Nextnorth have started construction of a 440 MWp solar plant in Isabela province after reaching financial close on $300 million of international bank financing.
Brian Publicover
May 01, 2026
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Applications & Installations
Italy probes PV companies over €60 million tax evasion and €33 million subsidy fraud The Italian authorities have dentified seven Trentino-based photovoltaic companies, controlled by an unspecified German operator, accused of allegedly evading over €60 million in taxes and improperly obtaining €33 million in incentives from the state energy agency GSE.
Massimiliano Tripodo
Apr 30, 2026
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Applications & Installations
CATL raises $5 billion in share sale, Sungrow files for Hong Kong IPO for the second time CATL has completed a roughly $5 billion share sale in Hong Kong on Tuesday. Meanwhile, Chinese inverter and battery manufacturing giant Sungrow is making a second attempt at an IPO after its initial listing bid, launched in October 2025, lapsed.
Marija Maisch
Apr 28, 2026
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Iberdrola
Applications & Installations
Cox buys Iberdrola Mexico for $4 billion Cox has acquired Iberdrola México for $4 billion, adding 2,600 MW of capacity and becoming Mexico’s largest private power supplier with a 12 GW renewable project pipeline.
Luis Ini
Apr 28, 2026
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Applications & Installations
UK solar developer secures $1.1 billion financing package Enviromena announces a £825 million ($1.1 billion) senior portfolio financing package, providing immediate capital to support the buildout of a 1 GW pipeline. The credit facility was underwritten by a group of institutional investors.
Matthew Lynas
Apr 24, 2026
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Applications & Installations
Repowering key for Japanese solar assets approaching feed-in tariff expiry The refinancing of GSSG Solar and Voltaiyo’s 104 MW Jupiter Portfolio comes as Japan’s first-generation feed-in tariff (FIT) projects approach the end of guaranteed rates, forcing owners to reassess revenue strategies in a shifting post-FIT market.
Brian Publicover
Apr 22, 2026
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Applications & Installations
Abaxx Exchange lists world’s first solar irradiance futures contract The Enwex Germany Solar (GSM) contract, launching April 23, brings exchange-cleared solar irradiance hedging to a market that has until now operated largely over the counter (OTC), a development Munich Re’s weather derivatives team says could broaden participation and formalize risk management.
Brian Publicover
Apr 22, 2026