Social media and tech giant Meta has signed an agreement to procure power from space-based solar power startup Overview Energy. Overview Energy proposes to launch satellites to generate solar power in space and beam it back to solar PV projects on Earth, theoretically allowing for 24/7 solar generation. The agreement with Meta would grant the Silicon Valley giant “early access” ...
The Vietnamese state power utility Vietnam Energy Generation Corporation 1 (EVNGENCO1) has proposed the development of 270MW of floating solar PV capacity on three hydropower reservoirs. The three projects will represent an investment of approximately VND4.4 billion (US$116,938), the utility said. The proposed sites are all in the Lam Dong province of southern Vietnam; the 96MW Dai Ninh Lak...
Summer is here, and cold storage owners are having sleepless nights again. Every year from June to September, cold storage operators face two real problems: a sharp rise in electricity bills and an increased risk of power outages. Let's do a simple calculation: a medium-sized cold storage facility with a capacity of around 2000 cubic meters consumes between 800 and 1200 kWh of electricity per day....
The European Solar Manufacturing Council (ESMC), along with 22 other European industry bodies, signed an open letter calling on the EU to strengthen protections against the threat posed to European supply chains by unfair trade practices in "non-market economies." European industry leaders called on the EU to participate in key revisions to World Trade Organization (WTO) rules, as these rul...
Australia leads the world in residential rooftop solar, with 22GW of household capacity installed, but its commercial and industrial sector has deployed only 5.6GW, despite consuming more electricity than households, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report, ‘Unlocking the Clean Energy Potential of Australian Business...
In 2025, global new photovoltaic (PV) installations reached a record 664 GW, pushing the global cumulative operational PV capacity past 3 TW. These figures come from SolarPower Europe's recent "Global Solar Market Outlook 2026-2030" report. This milestone comes less than two years after the global 2 TW mark was crossed. SolarPower Europe has consistently emphasized that PV, as a powe...
Imagine you've just spent tens of thousands installing a solar panel system, happily selling excess electricity back to the grid, calculating how many years it will take to recoup your investment. Suddenly, one day, the government tells you: you must install an energy storage system by the end of 2027, otherwise you can forget about selling your excess electricity; the grid will only allow you to ...
What infrastructure is hottest in the AI era? The answer is undoubtedly data centers. However, recent news has poured cold water on the ever-growing boom in computing power infrastructure. On July 2nd local time, QTS, a data center operator under Blackstone Group, officially announced its withdrawal from a large-scale data center project in Prince William County, Virginia. According to the initi...