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The projects are slated to begin commercial operations within 24 months of signing. Image: Markus Spiske via Unsplash

SAEL signs 880MW solar PPAs in Gujarat and Punjab

August 19, 2025
Indian renewable energy company SAEL Industries has signed two 880MW power purchase agreements (PPAs) with the Indian states of Gujarat and Punjab.
The company is expected to reach financial close in 2026, with construction beginning shortly after. Image: Scatec.

Scatec revenues hold steady at US$220 million in Q2 2025

August 19, 2025
Scatec has reported stable financial results in the second quarter of 2025, with revenue holding steady at NOK2.3 billion (US$220 million).
The projects are slated to begin commercial operations within 24 months of signing. Image: Markus Spiske via Unsplash

New Stonepeak Middle East renewables vehicle to be led by ex-Jinko executive

August 18, 2025
Investment fund Stonepeak has launched a new Middle Eastern renewables platform headed up by a former executive at Jinko Power.
Maxeon solar panels.

Maxeon’s module shipments fall by 90% over two years amid border dispute

August 18, 2025
Maxeon shipped just 153.2MW of modules in the first half of this year, just 15% of the capacity sold in the first half of 2024.
A SolMicroGrid project completed with Chick Fil-A.
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SolMicroGrid launches energy-as-a-service partner program for developers and EPCs

August 14, 2025
SolMicroGrid has launched an Energy-as-a-Service (EaaS) partner program for project developers, engineering, procurement, and construction (EPC) companies and original equipment manufacturers (OEMs).
Ever larger PV systems and fleets create challenges from an O&M perspective. Image: SMA Solar.

US market, slow residential demand impact SMA Solar H1 2025 results

August 8, 2025
German solar inverter manufacturer SMA Solar posted losses in the first half of 2025, as demand in the residential and corporate & industrial (C&I) solar sectors 'remains weak'.
Close view of solar tracker manufacturer Array Technologies' new wireless tracker system called SkyLink

Array Technologies posts revenue of US$362.2 million in Q2 2025

August 8, 2025
US solar tracker manufacturer Array Technologies has posted revenue of US$362.2 million in the second quarter of this year.
SolarEdge-Sella-2-Facility-768x432

SolarEdge ships more than 1GW of inverters for second consecutive quarter

August 8, 2025
SolarEdge posted inverter shipments of 1.19GW in the second quarter of this year, alongside BESS sales of 247MWh.
Elizbeth-City-Solar-1963.jpg

Brookfield acquires 19.7% stake in Duke Energy Florida for US$6 billion

August 6, 2025
Renewables asset owner Brookfield Renewable has acquired 19.7% indirect equity stake in US regional energy utility Duke Energy’s Florida portfolio.
Spread across 140 hectares, the project dedicates 70% of its land to agricultural activities while simultaneously generating clean electricity from solar PV. Image: NextEnergy Capital.

NextEnergy Capital acquires 73MW agriPV portfolio in Italy

August 5, 2025
NextEnergy Capital (NEC), through NextPower V ESG, has acquired a 73MW agriPV portfolio in Campania, Italy.

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