[SMM PV Flash] Romania’s 1.3 GW Dama Solar Secures EUR 561 Million in Financing

ROX Capital Group announced the launch of a Gulf energy storage platform on October 3 to identify, develop and deploy battery and long-duration storage technologies for utility-scale and commercial projects in the UAE and Oman, while assessing regional assembly and manufacturing opportunities. The platform will evaluate lithium iron phosphate, sodium-ion and vanadium redox flow batteries alongside CO2, gravity, compressed-air and thermal storage technologies, and plans to partner with suppliers that have proven utility-scale deployment capability and control of core intellectual property. No initial project pipeline, committed investment amount or construction timetable has been disclosed, so the initiative remains at the platform-development and partner-selection stage rather than constituting secured storage capacity or equipment orders.

Australia installed approximately 1.89 GW of rooftop solar across more than 180,000 systems in the first half of 2026, around 30% above the preceding six months and a new half-year record. More than 276,000 home batteries were installed over the same period, up about 52%, taking total adoption to over 4.5 million homes and small businesses with rooftop solar and more than 700,000 battery systems by the end of June. The figures indicate that subsidy support and household electricity costs are shifting the residential market from stand-alone PV growth toward more integrated solar-plus-storage deployment.

Heliene has launched its 108HC All-Black residential solar module using US-made polysilicon, ingots, wafers and cells, with final module assembly in the United States and selected components still sourced globally. Sunrun has signed a purchase agreement for the product, although volume, pricing and delivery terms were not disclosed, so the announcement confirms a supply relationship rather than a quantified capacity commitment. Heliene operates two US module plants with approximately 1.3 GW of combined annual capacity, and the product reflects growing emphasis on domestic content and supply-chain traceability in the US residential market.