News

According to a report from the International Renewable Energy Agency (IRENA), the global levelised cost of electricity (LCOE) for solar PV reached US$0.043/kWh in 2024.

Nautilus Solar Energy has entered a US$275 million tax equity partnership with Greenprint Capital to expand its US community solar portfolio.

Oil and gas major bp has confirmed it will exit the Australian Renewable Energy Hub (AREH), a 26GW wind, solar and green hydrogen project planned for Western Australia.

2025 will be the first time in over a decade that solar power additions decline in the EU, according to a mid-year report from SolarPower Europe.

Spanish independent power producer (IPP) Sonnedix has raised €2 billion (US$2.35 billion) through two refinancing transactions in Europe.

Spanish energy utility giant Iberdrola has recorded over €3.5 billion in net profits in the first half of 2025 as it continues to expand investments in grid networks and high-value markets.

The Spanish Congress of Deputies has toppled the royal decree-law aimed at reforming the grid after the 28 April blackout, which affected the Iberian Peninsula.

China has installed 14.36GW of solar PV in June 2025, down 85% from the previous month and also decreasing 38% from the same period in 2024.

Two major transmission infrastructure projects have progressed in Western Australia and New South Wales, in a win for renewables.

Utility giant Engie North America has acquired a portfolio of multiple solar projects from solar energy developer Prospect14.