utility-scale solar

July 2025, the peak of the Australian winter season, saw generation from utility-scale and rooftop solar increase by 12.78% year-on-year in the National Electricity Market (NEM).

During H1 2025, China has added 211.61GW of new PV capacity, more than doubling last year's figures when installs reached 102.5GW in H1 2024.

Independent power producer GoldenPeaks Capital has reached commercial operations on a 92MW solar PV portfolio in Hungary.

Solar developer Atlas Renewable Energy has secured BRL1 billion (US$179 million) in financing for a 579MW Brazilian solar PV complex.

Australia’s Clean Energy Finance Corporation (CEFC) has announced it has invested a record AU$4.7 billion (US$3.09 billion) in large-scale renewables, energy storage, and transmission projects during the 12-month period ending 30 June 2025.

According to a report from the International Renewable Energy Agency (IRENA), the global levelised cost of electricity (LCOE) for solar PV reached US$0.043/kWh in 2024.

Spanish renewables developer Acciona Energía has powered a 162.6MWp solar PV plant in the Dominican Republic.

Spanish renewables developer Acciona Energía has started construction at a 177.9MWp solar PV plant in Peru.

The Queensland government has continued to crack down on renewable energy projects by enshrining new planning rules for solar PV into law, which strengthen social licence requirements.

Planning uncertainty and policy instability regarding renewables in Queensland have seen it slip in investment attractiveness, with New South Wales now leading Australia.