Wednesday, May 20, 2026

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Enel to Acquire 270 MW Solar Portfolio in the US to Expand Renewable Energy Presence

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Enel has agreed to acquire a 270 MW solar portfolio in the US for around USD 140 million, enhancing its renewable energy presence in Virginia, North Carolina, and South Carolina. This acquisition marks Enel's strategic expansion, expected to generate 0.4 TWh of renewable electricity annually, significantly boosting cash flow and EBITDA.

AMERICAS

Enel to Acquire 270 MW Solar Portfolio in the US to Expand Renewable Energy Presence

Enel has agreed to acquire a 270 MW solar portfolio in the US for around USD 140 million, enhancing its renewable energy presence in Virginia, North Carolina, and South Carolina. This acquisition marks Enel's strategic expansion, expected to generate 0.4 TWh of renewable electricity annually, significantly boosting cash flow and EBITDA.

NextEra Energy Announces All-Stock Merger Agreement With Dominion Energy To Create The World’s Largest Regulated Electric Utility

NextEra Energy, Inc. and Dominion Energy, Inc. plan to merge in an all-stock transaction, forming the world's largest regulated electric utility. The combined company will serve about 10 million customers across multiple states and maintain operational stability while investing in infrastructure to meet growing electricity demand. Shareholders will benefit from immediate earnings growth and financial commitments.

POWERCHINA Completes And Unveils Kajana And Guyaba Micro-grid Solar Sites With Suriname’s President Highlighting Major Progress In Rural Electrification

On May 3, President Jennifer Geerlings-Simons announced the operational launch of Kajana and Guyaba sites in Suriname's Micro-grid Solar Project II by POWERCHINA. This initiative aims to enhance energy access in remote areas, supporting 45 villages with sustainable electricity, while demonstrating effective collaboration between China and Suriname for regional development.

Canadian Solar Inc. Reports Strong Q1 2026 Results as Colin Parkin Is Appointed CEO Amid Major U.S. Manufacturing Advances

Canadian Solar Inc. reported strong Q1 2026 financials, achieving $1.1 billion in revenue and a gross margin of 25.1%. The company excelled in shipments, delivering 2.5 GW of solar modules and 2.1 GWh of energy storage. Leadership transitions and advancements in U.S. manufacturing highlight its commitment to sustainable growth and technological innovation.
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INDIA AND SOUTH ASIA

Green Energy Stocks Shine Despite Weak Indian Market Sentiment On May 19, 2026

On May 19, 2026, the Indian stock market ended slightly lower, with the S&P BSE SENSEX and NIFTY 50 both declining by 0.17 percent due to profit booking. Despite this, several green energy companies like Insolation Energy and Praj Industries saw substantial gains, attracting investor interest amid a cautious market sentiment.

Solar Contractors Meet Goa 2026 to Unite India’s Solar Contracting Ecosystem  

The Solar Contractors Meet Goa 2026 will be held on May 28, 2026, at Novotel Goa Panjim. This inaugural event will gather over 200 decision-makers from the solar industry for discussions, networking, and exhibitions. Highlights include expert panels, a buyer-seller forum, and the Contractors Excellence Awards, promoting collaboration and innovation in India’s solar sector.

Kehua-Delivered India’s Largest 180MW / 360MWh Standalone Energy Storage Project Successfully Grid-Connected

Recently, India's first large-scale, grid-connected standalone energy storage project has been successfully commissioned, marking a significant milestone in the country's renewable energy development. Supplied...

Universal Power Solutions Honoured with Emerging Rooftop EPC – Residential Award at Solar Contractors Meet Dehradun 2026  

Universal Power Solutions received the Emerging Rooftop EPC – Residential Award at the Solar Contractors Meet Dehradun 2026, recognizing its impactful contributions to residential solar solutions. The award reflects the team’s dedication to system reliability and customer trust in promoting clean energy access for homeowners, enhancing India's transition to sustainable power.

EUROPE

KGAL Sells 16 MW Solar Park in Italy to Support New Renewable Energy Investments in Europe

KGAL has sold a 16 MW solar photovoltaic park in Italy, part of its strategy to optimize renewable energy investments. This divestment responds to rising demand for stable, operational renewable assets. Italy’s strong solar resources and supportive policies make it attractive for new investments in solar and battery storage projects, aligning with KGAL’s growth objectives.

European Energy Begins Construction Of 225.5 MW Agrivoltaic Project In Sicily

European Energy is constructing a 225.5 MW agrivoltaic plant in Sicily, marking it as Italy's largest agrivoltaic installation. The plant will generate about 405 GWh annually, supporting over 135,000 households. The project emphasizes renewable energy production alongside agricultural activities, with strong community collaboration and long-term revenue stability.

European Bank For Reconstruction And Development Appoints Andreea Moraru As Managing Director For Central Europe And The Baltics

The EBRD has appointed Andreea Moraru as Managing Director for Central Europe and the Baltic States, effective June 1. Previously Director for Poland and the Baltic states, she will oversee operations in eight countries, focusing on sustainable growth, investment opportunities, and policy development, succeeding Charlotte Ruhe. Moraru has over twenty years of EBRD experience.

AFRICA

Mauritius Clean Energy Week 2026 to Spotlight the Island’s Next Wave of Solar, Storage & Smart Energy Growth This July  

Mauritius Clean Energy Week 2026, scheduled for July 8, 2026, in Quatre Bornes, will gather key stakeholders, including policymakers, utilities, and investors, to discuss innovations in the country’s shift towards cleaner energy. The event features forums on green finance, smart grids, sustainability, and electric mobility, alongside the Mauritius Clean Energy Leadership Awards.

Egypt Unveils “Industry Sun” Program To Boost Rooftop Solar Across Factories

Egypt is set to launch the "Industry Sun" program, a green energy initiative aimed at installing rooftop solar systems on approximately 7,000 factories, generating nearly 1,000 megawatts of solar power. This project will enhance clean energy use, lower operational costs, and position Egypt as a leader in sustainable manufacturing practices.

South African Businesses Face Major Insurance Risks Amid Rapid Solar Expansion

The increasing use of solar energy in South Africa poses new insurance challenges for businesses. Many companies are underinsured as they neglect to update their policies after installing solar systems. This leaves them vulnerable to inadequate coverage for damage, business interruptions, and unique risks associated with renewable energy assets. Experts advise reviewing and updating insurance policies promptly.

National Energy Regulator Of South Africa Invites Public Participation On Draft Wholesale Electricity Pricing Framework

The National Energy Regulator of South Africa (NERSA) is inviting public participation in hearings on the draft Wholesale Price Methodology, crucial for regulating electricity prices. The process aims to ensure transparency and address stakeholder concerns, with opportunities for both oral and written submissions to develop a balanced and sustainable pricing model.

THE MIDDLE EAST

DEWA Expands Dubai Power Network With New Substations And AED 8.5 Billion Infrastructure Plan

The Dubai Electricity and Water Authority (DEWA) has advanced its electricity transmission infrastructure by commissioning eight new 132kV and two 400kV substations in 2025, expanding the total to 394. This expansion aims to enhance reliability and meet rising demand due to urban growth. DEWA plans further projects worth AED 8.5 billion by 2028.

Wood Mackenzie Says Middle East Conflict Creating New Pressures And Opportunities For Global Renewables

The ongoing Middle East conflict is reshaping global energy markets, prompting countries to accelerate investments in renewable energy amid rising fossil fuel prices. While short-term disruptions favor coal in some regions, the long-term focus remains on zero-carbon solutions. Higher costs impact energy projects, yet may bolster governmental support for renewables.

VNT Accelerates Global Solar Growth with Strong Saudi Expansion and ~4 GW in NewOrder Wins

Vrinda Nano Technologies Pvt. Ltd. (VNT) is expanding in Saudi Arabia's solar market, having delivered over 5 GW of projects in the Middle East. With new orders amounting to approximately 4 GW by 2026, VNT showcases its engineering prowess and commitment to sustainability while exploring growth opportunities in Europe, the Americas, and Australia.

Naqaa Sustainable Energy and Nama Power and Water Procurement Sign PPA for 2.7-GW Hybrid Renewable Energy Project in Oman

Naqaa Sustainable Energy has signed a Power Purchase Agreement for a 2.7 GW hybrid renewable energy project in Mahout and Duqm, collaborating with Nama Power and Water Procurement. This initiative integrates solar, wind, and battery storage, aimed at supporting Oman’s Vision 2040 goals for sustainable energy and economic diversification.

SOUTH EAST ASIA

Tenaga Nasional Berhad Launches 100 MW/400 MWh Santong Battery Storage Project In Malaysia

Tenaga Nasional Berhad has inaugurated the 100MW/400MWh Santong Battery Energy Storage System in Dungun, Terengganu, to enhance grid stability and renewable energy integration. This project supports Malaysia's energy transition roadmap, which aims for 70% renewable capacity by 2050 and includes future BESS developments. It will help balance electricity supply and demand fluctuations.

EVNGENCO1 Proposes 270 MW Floating Solar Projects In Vietnam’s Lam Dong Province

Power Generation Corporation 1 (EVNGENCO1) proposed three floating solar power projects in Vietnam's Lam Dong Province. With a total capacity of nearly 270 MW and an investment of around 4,400 billion VND, these projects aim to harness existing hydropower reservoirs, promote green energy, and boost local economic growth while reducing emissions.

DOE Visits Aboitiz Renewables’ 221 MWp Olongapo Solar Plant, Highlights Push for Public-Private Collaboration in Philippines Clean Energy Transition

The Department of Energy (DOE) visited Aboitiz Renewables’ 221 MWp Olongapo Solar Power Plant, emphasizing the importance of public-private partnerships in the Philippines' clean energy sector. Aboitiz Renewables aims to expand its capacity from 900 MW in 2020 to 2.3 GW by 2026, investing in diverse clean energy technologies.

Dinto Solar Delivers 4.4MW HJT Modules for Solar-Powered Irrigation Systems in the Philippines

Dinto Solar has delivered its first 4.4MW shipment of high-efficiency HJT modules to the Philippines for solar-powered irrigation systems. This delivery will help farmers reduce diesel dependency and irrigation costs while enhancing planting cycles. It signifies Dinto Solar's commitment to advancing solar technology in agriculture, improving efficiency, and supporting sustainability.

FROM ACROSS THE GLOBE

Egypt Unveils “Industry Sun” Program To Boost Rooftop Solar Across Factories

Egypt is set to launch the "Industry Sun" program, a green energy initiative aimed at installing rooftop solar systems on approximately 7,000 factories, generating nearly 1,000 megawatts of solar power. This project will enhance clean energy use, lower operational costs, and position Egypt as a leader in sustainable manufacturing practices.

South African Businesses Face Major Insurance Risks Amid Rapid Solar Expansion

The increasing use of solar energy in South Africa poses new insurance challenges for businesses. Many companies are underinsured as they neglect to update their policies after installing solar systems. This leaves them vulnerable to inadequate coverage for damage, business interruptions, and unique risks associated with renewable energy assets. Experts advise reviewing and updating insurance policies promptly.

NextEra Energy Announces All-Stock Merger Agreement With Dominion Energy To Create The World’s Largest Regulated Electric Utility

NextEra Energy, Inc. and Dominion Energy, Inc. plan to merge in an all-stock transaction, forming the world's largest regulated electric utility. The combined company will serve about 10 million customers across multiple states and maintain operational stability while investing in infrastructure to meet growing electricity demand. Shareholders will benefit from immediate earnings growth and financial commitments.

Kehua-Delivered India’s Largest 180MW / 360MWh Standalone Energy Storage Project Successfully Grid-Connected

Recently, India's first large-scale, grid-connected standalone energy storage project has been successfully commissioned, marking a significant milestone in the country's renewable energy development. Supplied...

INSIGHTS

Solar Power Set To Overtake Coal Generation In Texas ERCOT Grid By 2026 – EIA

Electricity generation from solar energy in Texas is set to exceed coal-fired generation for the first time in 2026, according to forecasts. Solar power's contribution to ERCOT's electricity mix has grown from 4% to 12% from 2021 to 2025, while coal's share has declined. Texas is also leading in national solar capacity expansion.

Central Electricity Authority Report Warns Of Rising Financial Stress In India’s Power Distribution Sector

A report by the Central Electricity Authority reveals a significant financial imbalance in India's power distribution sector, where DISCOMs face high fixed costs but low fixed charges from consumers. This gap forces utilities to recover costs through variable charges, leading to financial risks. The CEA proposes a five-year plan to gradually improve fixed cost recovery, enhance tariff structures, and ensure sustainable electricity services.

Hybrid Solar And Wind Systems With Battery Storage Redefine Reliable Clean Energy Supply—Report

Solar and wind energy have become the cheapest electricity sources globally, yet stability during low sunlight or wind remains a challenge. IRENA's report discusses solutions like advanced battery storage and hybrid systems, introducing "firming costs" for continuous renewable energy. Innovative projects demonstrate cost competitiveness with fossil fuels, emphasizing the need for supportive policies to enhance adoption.

U.S. Energy Production Reaches Historic High In 2025 With Growth In Natural Gas, Oil, And Renewables

In 2025, the United States achieved its highest-ever energy production, totaling 107 quadrillion BTUs, a 3.4 percent increase from 2024. Key contributors included natural gas, crude oil, NGPLs, and renewable sources. Notably, dry natural gas and crude oil production reached historic highs, while coal production showed signs of recovery.

IN CONVERSATION

Beyond the Box: Deye’s AI-Driven Evolution in the Indian Solar Landscape – Bharat Singh, Director – Sales & Marketing(India and North Africa)

Can you walk us through Deye’s current solar PV inverter portfolio for the Indian market and highlight what differentiates your products from competitors? Deye offers...

Egypt and North Africa: At the Heart of the Solar Revolution – Hossam Hassan, Sr. Sales Manager North Africa

1. From your perspective, what makes North Africa and Egypt a strategic region for solar energy, and what major trends are currently driving growth...

Tiger Neo 3.0 is Not Just an Upgrade, It’s a New Standard for West Africa – Esther Eyenobong (Sales Manager – West Africa) on...

At the Jinko ESS product launch in Nigeria in November 2025, Jinko Solar introduced its flagship N-type innovation, the Tiger Neo 3.0. Sales Manager...

Driving Solar Efficiency: AI-Powered Monitoring and Affordable SCADA Solutions – Ashok D M,  Founder, CEO & MD EnerMAN Technologies Pvt Ltd

EnerMAN Technologies offers IoT-based AI/ML SCADA solutions; what key innovations define your latest solar monitoring products? EnerMAN IoT SCADA (ETi-SOL), a web and mobile application...

Gokin Solar Strengthens Middle East Presence with High-Performance TOPCon Solutions – Hasan Alkarawi, Regional Manager

In this exclusive interaction, Mr. Hasan Alkarawi, Regional Manager at Gokin Solar, shares insights into the company’s rapid growth in the Middle East, its...

JinkoSolar’s Saudi Odyssey: Decades of Innovation and the Road to Vision 2030 – Robin Li, General Manager (MEA&CA)

As JinkoSolar celebrates its 20th Anniversary, how do you reflect on your growth journey in Saudi Arabia and the key milestones that strengthened your...
Dinto Solar

UPCOMING EVENTS

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Nepal Clean Energy Week

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Technology

Explained – Heatwaves Vs. Solar Efficiency: Understanding The Impact Of Peak Summer Temperatures On Solar PV Plant Performance

Heatwaves are increasingly impacting solar photovoltaic (PV) performance, leading to efficiency losses due to elevated temperatures. While hotter weather seems beneficial for solar energy generation, it actually decreases electrical efficiency as temperatures exceed optimal conditions. Solutions such as advanced module technology, improved maintenance practices, and energy storage integration are essential to mitigate these effects.

Explained: Improper String Sizing In Solar PV Systems And Its Impact On Overall Efficiency

Improper string sizing in solar photovoltaic systems can lead to significant energy losses, reduced performance, and reliability issues. Voltage mismatch, energy harvesting inefficiency, and mismatch loss among strings can all occur if string length is not carefully calculated. Considering environmental conditions and using proper design practices are crucial for optimal performance.

Weekly Tech Newsletter: Innovations Shaping the Future of Renewable Energy

The increasing integration of renewable energy presents challenges in managing grid stability and curtailment. Solutions like energy storage, smart control technologies for EV charging, and innovative hydrogen production methods are being developed to enhance efficiency and flexibility. Initiatives such as containerised energy storage and monitoring for floating solar systems aim to optimise performance and reliability.

Explained – The Technical Reality of Renewable Energy Curtailment and Grid Balancing Challenges

India's rapidly growing renewable energy sector faces challenges due to inadequate transmission and grid infrastructure. Recent curtailment incidents, such as ReNew’s scaling back generation, highlight the issue of balancing variable renewable output with demand. Solutions involve modernising the grid, enhancing transmission capacity, and incorporating energy storage and forecasting technologies.

Intelligent Control Technology Could Transform Solar-Powered EV Charging

Researchers at the National University of Singapore have developed a coordinated control method for ultra-fast EV charging powered by solar energy, eliminating the need for battery storage systems. This approach addresses the challenges of balancing solar generation, EV demand, and grid stability, potentially reducing installation costs for charging infrastructure by up to 10%.

AUSTRALIA

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Find Most Read Solar Content

Beyond the Box: Deye’s AI-Driven Evolution in the Indian Solar Landscape – Bharat Singh, Director – Sales & Marketing(India and North Africa)

Can you walk us through Deye’s current solar PV inverter portfolio for the Indian market and highlight what differentiates your products from competitors? Deye offers...

NTPC Green Energy Limited Board To Consider ₹5,000 Crore Fundraising Plan On May 22

NTPC Green Energy Limited's Board of Directors will meet on May 22, 2026, to approve financial results for fiscal year 2025–26 and discuss a fundraising proposal to raise up to ₹5,000 crore for expansion in the renewable energy sector. Various debt instruments may be considered for this fundraising.

Explained – Heatwaves Vs. Solar Efficiency: Understanding The Impact Of Peak Summer Temperatures On Solar PV Plant Performance

Heatwaves are increasingly impacting solar photovoltaic (PV) performance, leading to efficiency losses due to elevated temperatures. While hotter weather seems beneficial for solar energy generation, it actually decreases electrical efficiency as temperatures exceed optimal conditions. Solutions such as advanced module technology, improved maintenance practices, and energy storage integration are essential to mitigate these effects.