[Storage: Aura Power and Verdant merge to create UK solar-storage platform]

Denmark’s European Energy has completed the sale of its 90MW Cerano Energreen solar project in Brindisi, southern Italy. The ready-to-build project has secured all construction and grid permits and is backed by a 20-year Contract for Difference awarded under Italy’s FerX auction scheme. Once operational, the solar park is expected to generate around 160,000MWh annually, enough to supply about 55,000 Italian households. European Energy said the divestment aligns with its strategy of developing, maturing and selling renewable assets while recycling capital into new projects.

Spanish transmission system operator Red Eléctrica expects the solar eclipse on Aug. 12, 2026 to temporarily reduce PV generation on the Iberian Peninsula by about 5GW at its peak. The operator said the eclipse will occur when solar output is already naturally declining and is not expected to affect electricity demand coverage. However, it will implement preventive measures, including closer coordination with grid operators and authorities, increased operating reserves and continuous system monitoring. The eclipse is not expected to significantly affect PV generation in the Balearic or Canary Islands.

On August 7, Mirwais Azizi, founder and chairman of AZIZI DEVELOPMENTS L.L.C. (hereinafter referred to as "Azizi Developments"), a major real estate developer in Dubai, led a team to visit Shanghai Hengxi PV Technology Co., Ltd. (hereinafter referred to as "Hengxi PV"). The two sides held discussions on PV module supply and other topics, and officially signed a strategic cooperation memorandum for a 3 GW energy project, with the initial phase focusing on the supply of 2 GW of PV modules. Jawed Ludin, CEO of Energy Business at Azizi Developments, and Hu Jianbo, Executive Deputy General Manager of Hengxi PV, signed on behalf of the two parties.