Storage

Australia’s utility-scale solar PV and wind assets collectively generated 5,420GWh in December 2025, a 19% increase from the previous year’s 4,551GWh, according to Rystad Energy.

Transmission and distribution network manager Luma Energy has connected the 90MW Ciro 1 solar PV project to the Puerto Rican grid.

Norwegian independent power producer Scatec has signed a power purchase agreement for 1.95GW of PV and 3.9GWh of BESS capacity in Egypt.

Yanara has selected Gamuda Australia as the project delivery partner for the early contractor involvement phase of the Mortlake Energy Hub in Victoria.

Curtailment of solar PV and wind has continued to increase in Chile last year and passed 6TWh, up 8% year-on-year, according to trade body, the Chilean renewable energy and energy storage association (ACERA).

Renewables developer Pacific Hydro has started commercial operations at its 293MW/220MWh solar-plus-storage project in Chile.

Investor HASI and residential solar and storage developer Sunrun have announced a joint venture to finance 300MW of renewable energy capacity.

Oil and gas explorer Pilot Energy has entered into a binding head of agreement with SN Energy Australia for the joint development of a new solar-plus-storage project at Three Springs, Western Australia.

Potentia Energy has raised AU$830 million in portfolio financing to support its renewable energy operations and development across Australia.

BRUC has raised €474 million (US$554 million) to facilitate the addition of BESS to an 858MW Spanish solar portfolio.