Finance Nextpower posted record second-quarter revenue of $1.1 billion, up 23% year-on-year, driven by growth in energy storage and power conversion. The company raised its full-year revenue guidance to $4.2-4.45 billion and highlighted a debt-free cash position exceeding $1 billion.
Policy Italy’s Council of Ministers rejected ten solar and agrivoltaic projects totaling 468 MW while approving five projects for 272 MW. The government stated that the protection of landscape and cultural heritage prevailed over increased renewable energy production.
Markets New analysis from Intertek CEA projects that US solar module prices could recover to between $0.34/W and $0.38/W following recent policy shifts. The firm estimates that current domestic inverter capacity aligns with projected 2028 demand for photovoltaic and battery storage systems.
Markets Daqo New Energy plans to enter energy storage and power equipment by 2027 after Q3 revenue fell year-on-year. China’s solar additions dropped 54% in the first nine months of 2025, prompting industry forecasts of a global decline in 2026.
Markets A new market update from Data Centres Australia forecasts that Australia’s data centre capacity will reach 3.9 GW by 2030, driven by 97 new planned facilities. The report notes that the total operational capacity forecast is 20% higher than figures released in April, reflecting a doubling of capacity currently under construction.
Finance Neoen has secured $A1.8 billion in new debt finance from a consortium of major banks to fund its expansion in Australia. The transaction supports the company's goal of reaching 10 GW of installed capacity by 2030, following its acquisition by Brookfield Asset Management.
Policy Australia's appeal to global offshore wind investors is at a 'tipping point' even after Victoria opened its 2 GW Gippsland auction in August, Iberdrola Australia's Jim Rijks told the All Energy 2026 conference. Victoria is relying on the federal Electricity Services Entry Mechanism, due for ministerial approval by the end of this year.
Markets The ERM estimates that 62 TWh of renewable energy will be contracted by corporates, retailers, and data centres by 2032. Meanwhile, 2026 corporate PPA deals have reached 6 GW, with battery storage involved in the majority of transactions for the first time.
Solar Solid Solar has commissioned a 20 MWp solar facility in Uttarkashi, Uttarakhand, utilizing Gautam Solar’s n-type TOPCon bifacial modules. The project overcame significant logistical hurdles in a remote, high-altitude Himalayan location.
Policy U.S. Customs and Border Protection has released solar cell shipments from Toyo Co.’s Ethiopian facility, resolving a detention from late May. The release occurs as the Department of Commerce continues a country-wide inquiry into solar products using Chinese components.
Finance Solar tracker maker Nextpower reported record quarterly revenue of $1.11 billion and raised its fiscal 2027 guidance, while Enphase's Q3 revenue fell 28.5% year on year as residential solar weakened after the Section 25D credit ended. Tesla's storage revenue fell 16% despite 13.7 GWh of deployments.
Storage A new RMI report quantifies the grid reliability benefits of utility-scale batteries in California and Texas, noting their significant output during peak demand periods. The study also projects that battery storage will generate over $440 million in annual local tax revenue by 2026 and yield substantial public health savings by displacing gas peaker plants.
Solar Italian ground-mounted solar installations occupied 2,798 hectares in 2025, a significant increase from the previous year according to ISPRA data. This expansion accounted for 27% of the total land consumed in Italy that year.
Solar Western Australia is seeking public input on a technical standard that would classify plug-in solar and battery systems as ordinary electrical appliances, allowing renters and apartment dwellers to adopt them. The proposal, based on a German model with local modifications, limits output to 2 kW DC and restricts battery chemistries to lithium iron phosphate or sodium-ion.
Markets Standalone solar PPA prices in Spain dropped to €30.93/MWh in Q3 2026, a 7.7% decline year-on-year. Meanwhile, hybrid PPA prices rose 6.8% quarter-on-quarter as operational assets gained market share.
Policy The UK government has confirmed the continuation of the Boiler Upgrade Scheme despite a significant budget reduction, while introducing new loan mechanisms to support residential solar adoption. Additionally, a value-added tax on home solar and battery storage will take effect in 2027.
Policy PJM Interconnection has launched a stakeholder process to reform Surplus Interconnection Service rules, which would allow existing power plants to add batteries using current grid connections. The move aims to accelerate storage deployment to address grid congestion and high electricity prices driven by data center demand.
Finance ACME Solar Holdings reported a 133.5% year-on-year increase in Q2 FY27 profit after tax, reaching ₹269 crore, driven by an 89.6% rise in revenue from operations. The company also raised its 2030 renewable energy capacity target to 15 GW and expects to commission over 12 GWh of battery storage in FY27.
Policy The Developer Rating Scheme (DRS) went live Thursday, ranking renewable energy and transmission developers on seven criteria including community engagement. Five companies received initial scores, with three achieving top marks for community engagement.
Finance JSW Energy reported a 38% year-on-year increase in profit and 23% revenue growth for the quarter ending September 30, 2026. The company achieved its highest-ever quarterly EBITDA and PAT, driven by expanded renewable and thermal generation.
Markets Waaree Renewable Technologies has secured a Letter of Award for a 450 MWp solar project in Bikaner, Rajasthan, for a domestic independent power producer. The company aims to commission the facility within FY2027-28, adding to its existing order book of over ₹5,500 crore.
Markets Squadron Energy executives argue that organized community opposition, rather than government policy, poses the greatest commercial threat to renewable energy portfolios. Despite rising specific concerns in western Victoria, overall support for local wind projects has increased, while support for the company has grown significantly in New South Wales.
Solar Panasonic Holdings has commenced commercial activities for its glass-based perovskite solar panels, marking a key step in its accelerated production timeline. The company moved its full-scale mass production start forward to April 2029, ahead of the original fiscal year 2030 target.
Policy Energy Minister Chris Bowen has asked the AEMC for rules requiring large data centres to hold firm electricity contracts matching their demand, backed by new generation and storage in the same region. The AER could fine non-compliant facilities and, if fines are not enough, order them to cut demand.
Solar UNSW researchers modelled the 2019-20 Black Summer and 2009 Black Saturday fires and estimate smoke could have cut solar farm output by up to 70% within 50 km of hotspots and around 40% more than 150 km away. They call for smoke-trajectory forecasts so operators can inspect, clean and tilt panels in time.
Storage Battery retrofits at existing Australian solar farms now roughly match new co-located builds, with RWE's 400 MWh Limondale battery and Sungrow's DC-coupled Warnertown upgrade among the examples. The federal DCAP program offers AUD 100 million in debt financing for retrofit, standalone and hybrid storage.
Storage Lunar Energy announced that its California customers saved a median of $543 on electricity bills in August, with the company attributing $199 of that total to its AI optimization algorithms. The home battery provider is also preparing to participate in virtual power plant markets as California regulatory frameworks for grid services evolve.
Policy The U.S. Department of Energy-supported SolSmart program has assisted over 600 local governments in adopting solar energy since its launch in 2016. Independent research indicates that communities receiving SolSmart designation experienced an 18–19% monthly increase in solar capacity compared to non-designated areas.
Policy Ten U.S. states, including California, have legalized plug-in 'balcony' solar this year under a new UL 3700 certification framework. Systems are generally capped at 1.2 kW and cannot export to the grid; an Aurora Solar researcher sees them as an entry point for renters and a lead source for installers.
Storage Smartgrid Analytics has unveiled Solvyn AURA, an AI-powered platform designed to manage renewable energy dispatch and revenue. The company aims to support over 200 GW of capacity in India within five years, starting with a 1 GWh deployment for BluPine Energy.
Solar A multi-institutional study projects that climate change could increase photovoltaic generation in Sweden by approximately 5% over the 21st century. The research highlights that air temperature and snowfall are as critical as solar radiation for high-latitude PV production.
PM Surya Ghar: eligibility, subsidy and how to apply
ALMM explained: List-I modules, List-II cells and the 2028 wafer rule
Maharashtra rooftop solar subsidy: PM Surya Ghar, the SMART scheme and MSEDCL net metering
Rajasthan rooftop solar subsidy: PM Surya Ghar, the ₹17,000 state top-up and 150 free units
Gujarat rooftop solar subsidy: PM Surya Ghar, what happened to SURYA Gujarat, and GERC net metering
Tamil Nadu rooftop solar subsidy: PM Surya Ghar plus the new state top-up, and TNERC net metering
Andhra Pradesh rooftop solar subsidy: free plants for SC/ST homes, BC top-up and APERC net metering
Telangana rooftop solar subsidy: Gruha Jyothi solar plan, PM Surya Ghar and TGERC net metering
Madhya Pradesh rooftop solar subsidy: PM Surya Ghar, MPERC’s 2026 fee waiver and net metering rules
Odisha rooftop solar subsidy: up to ₹1,38,000 with the state top-up, and OERC’s net metering rules
