Markets & Finance

Italy’s cumulative solar installations have exceeded 40GW, with more than two million solar systems now in operation in the country.

New South Wales, Australia's most coal-dependent state, will transition from 40% to 90% renewable energy by 2035, according to grid operator Transgrid's latest planning report.

Indian renewable energy company SAEL Industries has signed two 880MW power purchase agreements (PPAs) with the Indian states of Gujarat and Punjab.

Scatec has reported stable financial results in the second quarter of 2025, with revenue holding steady at NOK2.3 billion (US$220 million).

Australia’s Clean Energy Council has appointed Jackie Trad as its new chief executive officer, following the departure of Kane Thornton.

Solar and energy storage developer SolAmerica Energy has raised US$100 million through a revolving credit facility with Deutsche Bank. 

The Australian government of Victoria has released an amended version of the Victorian Transmission Plan, adding 200,000 hectares of area to develop renewable energy – in addition to 230,000 hectares proposed in the first draft.

Investment fund Stonepeak has launched a new Middle Eastern renewables platform headed up by a former executive at Jinko Power.

US solar industry representatives have voiced concern at the US Treasury Department’s new “start of construction” rules for large projects.

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.