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China is dramatically changing its power system to boost battery profits and reduce solar payments. 20 provinces and regions have adopted electricity rate regimes that will likely affect solar's economic outlook. With improved economics, China is expected to triple energy storage installations this year. Meanwhile, Australia is pressing China to remove trade impediments concerning live lobster and red meat.

The new generation capacity comes from three 50 MW solar projects Spanish energy company Naturgy secured in an auction by the Spanish government in 2017. The installations are near Ciudad Real, in the central-southern region of Castilla-La Mancha.

Zoho Corporation a leading software-as a-Service in India has decided to invest in greener solar energy.

Chinese photovoltaics company GCL System Integration Technology Co. Ltd is investing CNY 2 billion to construct a 12-GW solar module factory in Jiangsu province, a move that could have a significant impact on the global photovoltaic industry.

Voltalia S.A., a leading French renewable energy company, has secured a contract to build and operate 230 MW of solar parks in Ireland. Construction works are already underway with four PV farms expected to become operational by 2024. Voltalia has also signed a 15-year O&M agreement and is installing a 108-MW solar PV farm. All projects expected to enter commercial operations by 2021.

Enel SpA's plan to sell a 50% stake in its Australian renewable energy business to Inpex Corp has been approved by the European Commission. The deal is worth EUR 400 million, with EUR 140 million in debt. Enel Green Power Australia currently operates three solar farms and is building 170 MW of wind and solar parks. This sale is part of Enel's strategy to reduce net debt in 2023-2025.

Hamburg Commercial Bank fuels solar growth with a $50M credit boost to NextEnergy III, empowering sustainable energy investments.

Brookfield Asset Management shines bright in India with a 550-MWp solar park project in Rajasthan, backed by USD 105 million funding from the International Finance Corporation.

Energa Green Development secures permits to construct 65MW as part of the first stage of the Mitra photovoltaic farm, furthering sustainable energy news.

Join the conversation! Have your say on X-Elio's proposed 350-MW solar park with battery storage in Queensland's Western Downs. Public comments open until June 30. #RenewableEnergy #SolarPower #EnergyStorage

Statkraft sells 1.5 GWp solar and wind assets in India to Serentica, boosting India's renewable energy landscape and aligning with global sustainability trends.

Australia's Solar Sunshot program aims to boost domestic solar production, reducing reliance on imports and leading the global energy transition.

Coal India (CIL) has actually announced plans to invest Rs56.5 bn ($ 763m) over the following 4 years to develop 14 solar power projects in the nation.

The Balkan nation is planning a tender for 50 MW of utility scale solar capacity on a public-private partnership basis with help from the International Finance Corporation. The World Bank’s private finance arm is procuring a technical, environmental and social consulting firm to advise on the project.

McDonald’s Corp and Lightsource bp have signed a power purchase agreement (PPA) to construct a 145-MW AC/180 MW DC solar park in Louisiana. The photovoltaic (PV) farm will generate enough electricity to power 630 McDonald’s restaurants and meet the demand of 30,700 local homes.