Wärtsilä Spins Off Energy Storage Into Valo Joint Venture
Wärtsilä has transferred its energy storage systems business to Valo, a new 50-50 joint venture with German engineering firm RCT Solutions that became operational on 1 October following the deal’s closing. The Finnish company seeded Valo with a portfolio of more than 20 GWh spread across over 130 projects worldwide. Despite that initial scale, Wärtsilä […]
US Farm Solar Program Gutted by New Rules, Lawsuit Follows
The US Department of Agriculture has quietly overhauled its main rural solar grant program, narrowing eligibility and cutting funding levels — and prompting a federal lawsuit from farmers and developers who say the changes unlawfully reach back to already-approved awards. The Rural Energy for America Program once let farmers install solar systems that produced more […]
Ukraine’s First Wind Auction Awards 700 MW at Sharply Competitive Prices
Ukraine closed its first pilot wind energy auction on September 30, 2026, distributing 700 MW of support quota through the Prozorro.Prodazhi platform — a milestone that capped years of effort to establish a functioning renewable-energy tender system. Nine companies submitted applications totaling more than 1.2 GW against the 700 MW on offer, leaving the auction […]
August Auto Slowdown Lifts European BEV Share to Record 30%
Europe’s battery-electric vehicle market hit a record in August, with fully electric cars accounting for 30% of new registrations as the wider automotive industry entered its customary summer lull — a period when slower overall volumes allow high-demand models to stand out. Around 250,000 new BEVs were registered across the continent, a 51% increase on […]
GICON’s 365-Metre Telescopic Turbine Targets Denser Wind Output Without New Land
German engineering company GICON has raised a pilot wind turbine to 365 metres — hub and blades — at a site in Schipkau, Germany. The structure uses a telescopic tower that climbs through a lattice frame via a specialised lifting system, replacing the conventional cranes typically required for large-scale turbine erection. At that elevation, winds […]
PJM Delays Emergency Capacity Auction After FERC Finds Cost Allocation Rules Unjust
The U.S. regional grid operator PJM Interconnection has postponed a supplemental capacity auction meant to cover a projected power shortfall, after the Federal Energy Regulatory Commission gave only partial approval to the proposal and demanded revisions to its cost-sharing framework. PJM, which coordinates electricity supply across 13 states and the District of Columbia, had sought […]
Hungary’s Largest Hybrid Plant Goes Live on Pure Market Terms
Solar Markt Group has commissioned a 70 MW solar facility paired with a 40 MW, 80 MWh battery storage system in Hódmezővásárhely, which the developer says is the largest hybrid energy project in Hungary to date. What makes the plant notable is its financing: no state grants or European Union funds were involved. The project […]
