Svea Solar Utility Raises €185 Million to Develop 220MW Swedish Solar-Plus-Storage Pipeline
Svea Solar Utility announced a €185 million (US$215.4 million) financing round led by Eiffel Investment Group and Arkéa Asset Management. The funds will back the development, construction and operation of its 220 MW solar‑plus‑storage pipeline, including a 120 MW project that will become Sweden’s largest solar farm. Management says the capital is a stepping stone toward a 2 GW portfolio within five years. Meanwhile, majority owner Altor plans to spin out the utility into a separate entity under its direct control.
EDP to Spend €1.3 Billion on Renewables in France
Portuguese utility EDP will invest €1.3 billion (≈$1.5 billion) in France to develop 1 GW of solar, wind and storage over four years. The funding will be deployed through EDP Renewables and its Ocean Winds JV with Engie, adding to the 800 MW already...
Australia’s New South Wales Commits AU$225 Million to Low-Carbon and Renewables Manufacturing
The New South Wales government announced AU$225 million (US$161 million) in grants to boost domestic low‑carbon product and renewable‑energy component manufacturing. The Net Zero Manufacturing Initiative requires recipients to match the funding dollar‑for‑dollar, aiming to attract at least an equal amount of...
Nextpower Sues GameChange over IP Breach as GameChange Announces Rebranding
Nextpower, the world’s largest solar tracker supplier, has filed a patent infringement lawsuit against GameChange Energy in the U.S. District Court for the District of Delaware, alleging that GameChange’s Genius Tracker systems violate three of Nextpower’s patents covering self‑powered tracker...
Grenergy Signs 12-Year Hybrid PPA for Oasis De Atacama Phase in Chile
Spanish independent power producer Grenergy has signed a 12‑year hybrid power purchase agreement for the Algarrobal phase of its Oasis de Atacama project in Chile, delivering 350 GWh of electricity annually starting Jan 1 2028. The phase adds 242 MW of solar PV and...
BHP Turns to Indigenous-Led Developer to Explore Renewables for Iron Ore Operations in Western Australia
BHP and the Indigenous‑led Yindjibarndi Energy Corporation (YEC) have signed a non‑binding MoU to explore large‑scale renewable power, transmission and infrastructure solutions for BHP’s Pilbara iron‑ore operations. The partnership will assess solar, wind and battery options that could replace the...
Wannon Water, Enervest Complete ‘One of Australia’s Largest Floating Solar Arrays’
Melbourne‑based Enervest has finished a 500 kW floating solar array on the Brierly Basin reservoir for Victorian water utility Wannon Water. The AU$2 million (≈US$1.4 million) project, built with 1,260 bifacial modules, will produce over 600,000 kWh of renewable electricity each year, directly offsetting...
India Adds over 14GW of Solar in Q1 2026
India added roughly 14.2 GW of solar capacity in Q1 2026, a 95% quarter‑on‑quarter surge, driven mainly by utility‑scale projects that more than doubled to 34.85 GW. Rooftop installations climbed to 8.71 GW, buoyed by the PM Surya Ghar scheme, while off‑grid solar slipped...
The Impact of PV Module Degradation on Inverter Clipping Losses
Solargis researchers found that PV‑module degradation alters inverter clipping behavior, making standard one‑year LTA simulations inaccurate by more than 3 %. Using multi‑year, sub‑hourly (1‑minute) data, they showed that clipping losses shrink 2‑3 % over a 25‑year plant life, a shift that...
Greenpeace Warns AI Data Centre Rollout Threatens to Derail Australia’s Clean Energy Transition
Greenpeace Australia’s new report warns that the rapid rollout of AI‑driven data centres is adding large, un‑backed electricity loads that could stall the nation’s renewable‑energy transition. Modeling by the Clean Energy Finance Corporation shows wholesale power prices could rise 26%...
Government Policy, Market Factors Encouraging Co-Location of Renewables and BESS
Aurora Energy Research highlighted that government policy and market dynamics are the primary catalysts for co‑locating renewable generation with battery energy storage systems (BESS) across Europe. Subsidy schemes that reward both generation and stored energy improve project economics and signal...
What’s Next in Solar? Tongwei at Intersolar Europe 2026
Tongwei will showcase its next‑generation TNC 3.0 solar modules at Intersolar Europe 2026, offering up to 770 W per panel with a record‑high 24.8% conversion efficiency. The flagship series features a quarter‑cut design, 0.35% annual degradation and standard 85% bifaciality, with an optional...
China’s New PV Installations Plunge 51% Year-on-Year in January–April
China added 50.9 GW of new solar PV capacity between January and April 2026, a 51% decline from the same period in 2025. April alone saw installations tumble 79% YoY to just 9.52 GW. By contrast, wind power grew 7% YoY, contributing...
EDPR North America to Build 100MW PV Project for Appalachian Power
EDP Renewables North America (EDPR NA) signed a build‑and‑transfer agreement to develop a 100 MW solar‑PV project for Appalachian Power, valued at roughly $300 million. The project, expected to be operational by 2028, aligns with Appalachian Power’s request for 1.1 GW of renewable...
Blue Elephant Energy Starts Building 268MW Germany Solar Plant
Blue Elephant Energy has begun construction of a 268 MW ground‑mounted solar farm in the Schafhöfen district near Regensburg, Germany, slated for commissioning in September 2027. The plant, built by EPC firm Goldbeck Solar, will feature roughly 370,000 PV modules and a dedicated...