News

Australia's utility-scale solar PV and wind assets generated a combined 4.6TWh in May 2026, up 10% from 4.2TWh recorded in May 2025, according to data published by Rystad Energy senior analyst David Dixon on LinkedIn.

PNM has filed a resource plan with the NMPRC seeking approval for 1.69GW of new generation and energy storage capacity.

Avaada Group has secured nearly US$950 million in debt financing across three utility-scale renewable energy projects. 

Svea Solar Utility has secured €185 million (USS$215.4 million) in finance to support the development of Sweden’s largest solar PV project.

US independent power producer (IPP) Vesper Energy has secured US$236 million in debt financing to back a 201MW solar PV project in Texas.

Portuguese energy utility EDP will spend €1.3 billion in France to build 1GW of solar, wind and energy storage assets over the next four years.

Maxwell Power has secured a US$750 million investment commitment from Fairtide Partners to finance battery storage and solar projects across its development pipeline. 

NSW will provide AU$225 million in new funding to support domestic manufacturing of low-carbon products and renewable energy components.

Nextpower has filed a patent lawsuit against GameChange Energy on the same day GameChange announced a consolidation of its activities.

SEG Solar will build a third module manufacturing plant in the US that will bring the company’s total manufacturing capacity to 10.6GW.