[SMM Analysis] Indonesia’s Energy Transition Accelerates: From Policy Targets to Real-World Deployment

[Solar: HVR Solar to build 1.2GW TOPCon cell factory in India]

Indian PV manufacturer and EPC company HVR Solar plans to enter solar cell manufacturing with a 1.2GW annual production facility in Amroha, Uttar Pradesh. The company signed MoUs with several international technology partners during SNEC 2026, including Shenzhen Han’s Photovoltaic Equipment for TOPCon cell equipment, Gentech Technology for chemical and gas utility systems, and Indygreen Technologies for production line integration. HVR said the project will support India’s domestic renewable supply chain, reduce import reliance and create more than 500 direct jobs

[Solar: European Energy commissions 148MW solar park in Latvia]

Denmark-based European Energy has inaugurated the 148MW Tārgale Solar Park in Latvia. Located in Ventspils Municipality, the EUR 80 million project is expected to generate around 154,550MWh of electricity annually, enough to supply about 60,000 households. The project is supported by a 110MW corporate PPA with Apple, which European Energy says is among the largest single-plant corporate PPAs in the Baltic region. The project was developed with local stakeholders and is co-owned by European Energy and Danish pension fund Sampension.

[Solar: FRV secures 2.3GW of grid capacity in Germany]

Fotowatio Renewable Ventures, part of Jameel Energy, has secured 2.3GW of transmission grid capacity in Germany to support battery storage, solar PV and hybrid renewable projects. FRV said grid access has become a decisive factor for large-scale renewable and storage projects in Germany. The secured portfolio is expected to reach ready-to-build status between 2026 and 2029 across regions including Brandenburg, Lower Saxony and North Rhine-Westphalia, covering 2-hour and 4-hour BESS projects, solar PV plants and hybrid projects.

[Solar: Brunei launches tender for PV systems on government buildings]

Brunei’s Department of Energy has launched a tender for five grid-connected solar installations on government buildings in the Brunei Muara district. The scope covers the design, construction, operation and maintenance of rooftop and carport PV systems, with the selected developer also required to assess the feasible PV capacity at each site. The tender is open to local and international companies, with applications due by June 23. Brunei had around 6MW of cumulative solar capacity by the end of last year and aims to reach 30% renewables in its power mix by 2035.

[Solar: EU approves Slovakia’s EUR 1bn cleantech manufacturing aid scheme]

The European Commission has approved Slovakia’s EUR 1 billion state aid scheme to support clean technology manufacturing, including key components and related critical raw materials. The scheme covers strategic projects in batteries, solar panels, wind turbines, heat pumps, electrolyzers and carbon capture, usage and storage, in line with the EU’s NZIA objectives. Approved under the Clean Industrial Deal State Aid Framework, the aid will be provided through grants and income tax relief to support investment by SMEs and large enterprises until Dec. 31, 2030.

[Solar: Octopus Energy launches SolarUp for German PV systems]

Octopus Energy has launched SolarUp in Germany, targeting PV systems that have reached the end of their 20-year feed-in tariff period as well as new solar customers seeking more predictable energy costs. The package combines a fixed-price electricity tariff, annual payments for exported surplus power, battery storage and inverter retrofits.

[Solar: Matrix Renewables completes 250MW solar cluster in Spain]

Matrix Renewables has inaugurated the 50MW Adelfa solar plant in Palencia, completing a five-project solar cluster totaling 250MW in Spain. The portfolio includes the Adelfa, Almendro, Baluarte, Bombarda and Retama projects, with total investment of EUR 227 million.

[Solar: Alive Capital connects Romanian solar-plus-storage project]

Alive Capital has commissioned and grid-connected the Nanov Hybrid Power Plant in Romania. The project combines 26MW DC/23.45MW AC of solar capacity with a 5MW/10.67MWh BESS, with total investment of around EUR 13.5 million.

[Solar: Ingka Investments acquires two solar parks in Spain]

Ingka Investments, the investment arm of Ingka Group, has acquired its first two solar parks in Spain, expanding its renewable energy portfolio in Iberia. The assets include the operational La Oliva solar farm in Toledo, expected to generate 51GWh annually, and another project in Murcia, expected to add 55GWh per year. Together, the two projects will produce around 106GWh of renewable electricity annually.