Finance LGI has acquired the Brigalow and Chinchilla solar farms for $22 million, a price roughly 30 percent of new build costs. The move highlights opportunities for capital-rich buyers in the distressed renewable asset market.
Solar India installed nearly 50 GW of solar in 2025, becoming the world’s second-largest market, yet most inverters are still imported. New domestic capacity from Waaree Energies aims to address this, though policy support remains limited compared to module mandates.
Solar Romania’s solar fleet surpassed 8.5 GW by mid-2026, driven by rapid permitting and a record 2.2 GW installed last year. The country is simultaneously expanding utility-scale battery storage and implementing new auction mechanisms for grid connections.
Storage Good Carbon Co. has deployed a 3.75-MWh Viridi battery system indoors at a 105-unit affordable housing complex in Buffalo, New York. The project, supported by NYSERDA and National Grid, integrates storage with geothermal heating to manage peak demand and provide backup power.
Storage Sacramento-based Qnetic has completed initial testing of its Pulsar flywheel energy storage system in Shanghai, achieving 100 continuous cycles without faults. The company plans to launch a pilot program with Sacramento Municipal Utility District in the first half of 2027.
Finance GCL Technology has signed a memorandum of understanding to purchase 81.91% of Sichuan GCL Lithium Battery Technology from Golden Concord Group for approximately CNY 2.5 billion. The deal, which includes a significant share issuance, aims to consolidate GCL's lithium iron phosphate cathode production capacity.
Policy The European Commission has allocated EUR 3.4 billion from ETS revenues to 77 selected net-zero projects, announced on 19 October. Among the recipients are initiatives focused on offshore charging, rare earth magnet production, HVDC manufacturing, and floating wind pilots.
Policy Poland has amended its energy laws to exclude battery storage from micro-installation limits, allowing systems up to 2.2 times the power of the connected PV array. The changes, effective December 1, aim to boost domestic storage adoption without increasing grid feed-in beyond the solar system's rated capacity.
Finance Transrail Lighting has acquired a 49% equity stake in a 990 MW solar power portfolio in Maharashtra for ₹20 crore. The move marks the company’s entry into renewable power generation, with projects developed under the PM-KUSUM scheme.
Policy A research team from the University of Science and Technology of China and the University of Trieste developed a new assessment framework for building-integrated photovoltaic (BIPV) façades. The study, published in Applied Thermal Engineering, identifies 16 fire risk indicators and prioritizes rapid shutdown as the most critical safety measure.
Policy Netze BW has automated the approval process for small-scale solar systems, reducing the average wait time from 12 days to five minutes. The system, which handles requests for installations up to 15 kW, has already processed thousands of applications since its launch in late July 2026.
Wind The floating wind sector is prioritizing international technical cooperation as U.S. developers face stalled negotiations and high heating fuel costs in Maine. Recent activities include testing shock-absorbing mooring systems and sharing steel platform designs to advance the technology toward a 15-gigawatt national target.
Finance The Dutch development bank FMO has secured financing for a major solar installation in northern Ivory Coast. The 50 MW project is set to power 240,000 homes under a long-term agreement with the state utility.
Policy UTE has launched a tender for three 33 MW solar projects in Uruguay, requiring 20-year power purchase agreements. The bid documents are scheduled for publication in late 2026, with a focus on local workforce integration and specific grid connection constraints.
Policy Italy’s energy regulator has allocated €770.4 million to fund 505 MW of solar installations on agricultural and agro-industrial sites. The initiative, part of the National Recovery and Resilience Plan, rejected nearly half of all applications due to budget constraints.
Solar JinkoSolar has introduced a 510-watt residential solar panel featuring 25.52% efficiency and a 40-year warranty. The module targets premium markets in Europe and Australia with advanced TAC technology.
Finance Major Australian wind developers are facing a financing drought, with projects like Bungaban and Yanco Delta unable to secure necessary debt and equity despite full regulatory approvals. The stall reflects broader market shifts, including state utilities exiting new renewables and cancellations due to viability concerns.
Wind A trial at Macarthur wind farm found that laser-based wind forecasting significantly outperformed traditional methods in reducing regulatory costs. The study concluded that combining turbine and laser data offers the best path to minimizing financial penalties for inaccurate predictions.
Markets A Seattle-based startup successfully generated a small amount of electricity from a submarine volcano off the Oregon coast. The test marks a preliminary step toward commercial subsea geothermal deployment, with a larger project planned for Tonga.
Finance Waaree Renewable Technologies posted a 36.5% year-on-year revenue increase to ₹1,057.84 crore, driven by its T&D segment. However, solar EPC revenue dropped 42.2%, and profit after tax fell nearly 30% to ₹81.48 crore.
Markets Verdox completed a two-month industrial trial at Hydro’s Sunndal smelter, capturing CO₂ from dilute exhaust in the presence of real-world contaminants. While the test validates the electrochemical approach, key commercial metrics like full-plant energy use and module lifespan remain unproven.
Policy American Clean Power projects that transmission reforms in the Bipartisan American Affordability and Jobs Act of 2026 could enable 200 GW of new clean energy. However, the Energy and Policy Institute warns that utilities may lobby privately to weaken provisions that could reduce their revenues.
Storage Ember analysis shows current national storage targets total 822 GW by 2030, significantly lagging the 1,500 GW committed at COP29. While 2025 additions reached 118 GW, maintaining current rates would still leave the global goal unmet.
Solar A 2024 census by ASGA and NREL found over 113,000 sheep grazing on 129,000 acres of solar land. Nexamp and other developers are expanding livestock programs to manage vegetation and support operations.
Policy Six politicians from the Green Party have submitted a proposal to the Storting to legalize plug-in solar and battery systems, which are currently banned. The plan includes technical standards, a registration scheme, and a deadline of end-2027 for implementation.
Solar NTPC has entered a 25-year power purchase agreement with 247Solar to deploy a 1 MW hybrid solar thermal and PV project in Rajasthan. The system uses ceramic pellets to store heat for up to 20 hours, marking the first commercial use of this technology.
Solar Bihar has synchronised 13 solar power plants with state power substations, adding 36.261MW of capacity under the PM-KUSUM scheme. The initiative benefits 9,449 farmers through agricultural feeders, supported by combined central and state subsidies of Rs 1.50 crore per MW.
Policy The Gujarat Electricity Regulatory Commission has notified a new grid code replacing the 2013 framework, introducing 15-minute scheduling blocks for the state’s intra-state power system. The rules mandate specific harmonic limits and reactive power support for renewable and storage facilities connected at 33 kV and above.
Solar GRIDCO has issued an expression of interest for consultancy services to support a 225 MW floating solar and battery energy storage system project. The initiative targets the Upper Indravati reservoir and involves significant environmental and infrastructure planning.
Policy Industry leaders argue the primary hurdle for Indian solar is no longer installation volume but managing daylight-concentrated generation against evening peaks. This structural mismatch necessitates urgent investment in grid modernization, domestic manufacturing security, and storage integration.
Policy President Prabowo Subianto has mandated a structural transformation of state utility PT PLN to boost efficiency and install 100 GW of solar capacity within three years. The directive aims to cut government subsidies while addressing ongoing supply disruptions through grid modernization and storage investment.
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
