The Gulf's wave of investment in new cities and mixed-use developments presents a major opportunity to expand on-site renewable energy, with large-scale projects able to meet up to 35% of their electricity demand through solar power, an industry expert said.
Masdar and Montenegro’s EPCG have advanced their renewable energy partnership, signing agreements for 150MW of solar projects and exploring over 400MW of pumped hydro storage under a joint venture targeting 2GW of clean energy capacity.
Swedish solar company Midsummer has secured its largest-ever order, supplying 667 kW of lightweight BOLD solar panels for an off-grid project developed with Denmark's Green Energy Group, with delivery and installation scheduled for the fourth quarter of 2026.
The World Bank’s Board of Directors has approved a $265 million loan to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a major clean energy initiative aimed at strengthening the country’s electricity grid and expanding renewable energy integration.
TotalEnergies has completed the sale of its 170MW distributed solar portfolio across seven European countries to Amarenco and AMPYR Distributed Energy, marking its exit from distributed solar generation activities in those markets.
Malaysia is expected to surpass its 2040 National Energy Policy renewable energy target of 18.43GW by 2031, supported by large-scale solar projects, strong policies, financing access, and improved grid and storage capabilities, says GlobalData.
The Solar PV & Energy Storage World Expo 2026 (PV Guangzhou) is set to bring together leading global players from the renewable energy sector when it returns to Guangzhou from September 16 to 18, 2026, with a stronger focus on energy storage technologies and integrated clean energy solutions.
TotalEnergies and Nextnorth have reached financial close and begun construction of a 440 MWp solar plant in Ilagan, Philippines. The project, due by 2027, will generate 13.5 TWh over 20 years.
China’s installed power-generation capacity rose 14.2 per cent year-on-year to 3.99 billion kW by April-end, led by strong renewable growth, with solar capacity jumping 26.2 per cent to 1.25 billion kW and wind power increasing 22 per cent to 660 million kW.
O-Green Company marked financial close on Oman’s largest industrial solar project, a 93 MW plant in Sohar, supporting over 200 facilities, with 60 per cent completion and commercial operation expected in September 2026.
