Companies

The Government of Kyrgyzstan has signed two investment deals with Vietnamese firms Rox Energy Global and RECA LLC for the development of a 1.9GW solar project.

Spanish solar energy company Soltec has found an investor that will acquire 80% of the company’s shares in a restructuring move.

US renewables developer Savion, a subsidiary of global oil giant Shell, has formed a new company to take ownership of its solar projects after development.

KKR has invested AU$500 million in Australia’s CleanPeak Energy to support the rollout of DERs such as rooftop solar PV and battery storage.

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.

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.

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

Australian solar PV module manufacturer Tindo Solar has partnered with UNSW to advance tunnel oxide passivated contact (TOPCon) technology.

Statkraft has posted quarter-on-quarter declines in electricity generation and earnings in the second quarter of this year.

Corporate funding in the solar sector fell by 39% in the first half of 2025 compared with the same period last year.