Government austerity destroying Spain’s PV industry, says trade body

CleanPeak Energy has completed the acquisition of five solar and battery energy storage system (BESS) development sites in New South Wales from Fortitude Renewables, adding 25MW of solar capacity and 100MWh of battery storage to its portfolio.

US solar firm SunPower has signed a letter of intent to acquire California-based residential and commercial installer Cobalt Power Systems in an all-equity transaction. 

Egyptian manufacturing firm Kemet has signed a deal with Chinese solar manufacturer GCL Technologies to build a 5GW solar cell and module manufacturing hub in the country.

Emirati renewables developer Masdar and French utility Engie have reached financial close on the 1.5GW Khazna solar project in Abu Dhabi.

Solar PV has met two-thirds (61%) of the US electricity demand growth in 2025, according to a report from think tank Ember.

Private investment in Poland’s renewable energy projects risks being blocked by proposed regulations governing grid connections.