Markets & Finance

US utility AES Corporation is reportedly in discussions to be acquired by Global Infrastructure Partners (GIP), a subsidiary of global asset owning giant BlackRock.

Indian solar developer ACME Group has established a new subsidiary to manage its renewable equipment manufacturing business, under which it is planning to scale production of TOPCon PV modules.

Rajasthan government will develop 500MW/2,000MWh of standalone battery energy storage systems (BESS) with a four-hour single-cycle configuration and extended operational life.

German solar inverter manufacturer SMA Solar will cut 350 jobs in 2026 as it adapts to the “weak” residential PV market.

An expert panel has identified a series of grid failures that led to April's unprecedented power outage in Spain and Portugal, ruling out renewables as the leading cause.

SunStrong Management has raised US$900 million to refinance a 'large portfolio' of residential solar assets developed by SunPower.

Chinese government policies and supply-side production cuts will drive a significant increase in solar and storage component costs.

Australia's solar sector delivered a strong September performance in the National Electricity Market (NEM) as the country entered spring, with combined solar PV generation reaching 3,933GWh - a 17.83% increase from August's 3,338GWh.

The European solar sector will lose around 5% of its jobs in 2025, the first contraction in employment for the sector in nearly a decade.

North Carolina-based engineering, procurement and construction (EPC) company Blue Ridge Power has laid off more than 500 of its employees at two locations.