Markets & Finance

Polysilicon producer United Solar has reached financial close on a US$50 million equity investment from the World Bank Group's International Finance Corporation (IFC) for its polysilicon facility in Oman.

Multinational solar manufacturer Canadian Solar has appointed a new CEO at its solar and energy storage project development subsidiary, Recurrent Energy.

Chinese authorities have issued new national standards governing the energy and conversion efficiencies of PV modules, polysilicon production and inverters.

Swedish independent power producer (IPP) OX2 has acquired the Corop solar-plus-storage project in Victoria, Australia, adding a 230MWac solar PV power plant and up to 290MW/1,160MWh of battery energy storage to its Australian portfolio.

Grenergy has launched a reverse auction in Chile to sell 1.5TWh of annual electricity supply backed by its solar PV and BESS portfolio.

Australia's National Electricity Market (NEM) recorded a combined 2,413GWh of solar generation in June 2026, comprising 1,092GWh from utility-scale assets and 1,321GWh from rooftop systems.

The Spanish Ministry of Ecological Transition (MITECO) has awarded more than €160 million (US$183 million) in funding to 40 clean energy manufacturing projects, three of which are for solar PV.

The Asian Development Bank (ADB) has approved a US$160 million loan to support the deployment of at least 310MW of new solar capacity in Bhutan.

The US is reportedly drafting a ban on Chinese solar inverters over concerns that they pose a risk to the grid.

As the 4 July safe harbour deadline nears, VDE Americas’ Lisa Casey says US solar is at a decisive but nuanced turning point.