JinkoSolar has introduced a new line of photovoltaic modules designed for AI data centres, GPU clusters, supercomputing facilities, and edge computing networks. The product, called the AIDC module, is built on the company’s Tiger Neo 3.0 tunnel oxide passivated contact (TOPCon) cell platform. The modules are rated at a front-side efficiency of 24.8% and a…
China’s solar PV export value and manufacturing capacity for wafers, cells and modules, showing sustained growth with fluctuations across global, EU and ASEAN markets (2017–2025) China’s solar industry is undergoing its sharpest downturn in over a decade, with global implications for prices, supply chains, and competition. A March 2026 brief by the Center for Strategic…
Grid & Policy $1.9 billion · US US DOE launches SPARK grid upgrade program The Department of Energy’s Office of Electricity has opened a $1.9 billion funding opportunity under the SPARK initiative, targeting reconductoring and advanced transmission technologies. The program is tied to a recent executive order on energy policy and rising electricity demand. Concept…
Waaree Solar Americas Inc., a wholly owned subsidiary of Waaree Energies Limited (WEL), has completed the acquisition of 53,68,551 Series B preferred shares of United Solar Holding Inc. for approximately USD 30 million. The transaction, first disclosed in December 2025, closed on March 16, 2026. Investment structure United Solar Holding Inc. is a US-based solar…
Xcel Energy has signed an agreement to supply electricity to a new Google data centre in Pine Island, Minnesota, alongside a 1,900 MW expansion of clean energy capacity and deployment of a large long-duration battery system. The Electric Service Agreement will be filed with the Minnesota Public Utilities Commission for approval. Under the agreement, Google…
The US Department of Energy (DoE) has announced $175 million in funding for six projects focused on modernising, retrofitting, and extending the operational life of coal-fired power plants serving rural and remote communities across the United States. The awards form part of the department’s broader $525 million programme aimed at improving reliability and efficiency across…
The Russian State Duma has ratified amendments to four intergovernmental loan agreements with Bangladesh related to construction of the Rooppur Nuclear Power Plant, the country’s first nuclear facility. The Federation Council has approved the federal law formalising the changes. The amendments address settlement challenges linked to US dollar transactions and introduce a revised loan repayment…
The Asian Development Bank (ADB) and Gulf Renewable Energy Company Limited (GRE), a subsidiary of Gulf Development Public Company Limited (GULF), have signed a $350 million loan agreement to expand renewable energy generation in Thailand. The financing will support construction of three projects combining solar power with battery energy storage systems (BESS). The loan will…
Rolls-Royce has introduced modular gas engine power plant solutions to support Germany’s national Power Plant Strategy and energy transition plans. The preconfigured and factory-tested units are designed for faster deployment, with grid connection targeted within 12 to 18 months from order placement. The modular plants are offered in standard capacities of 10 MW, 20 MW…
Inox Clean Energy Limited, part of the INOXGFL Group, has formed an equal joint venture with RJ Corp Limited to enter the African renewable energy market, marking its first major international independent power producer initiative. The partnership has acquired Skypower Services MENA Limited and plans to commission about 570 MW of renewable energy capacity in…