California's grid averaged more than 50% solar for an entire month in May — a global first — Antora Energy raised $550 million for industrial heat storage, and China released its largest-ever renewable buildout targets.
California generated more than half of its electricity from solar power across the full month of May 2026 — the first time any major grid has averaged greater than 50% solar over an entire month.
Antora Energy closed a $550 million round to scale its heat-battery technology — blocks that store renewable electricity as very high-temperature heat and discharge it as industrial process heat, targeting data centers and manufacturing facilities.
China released its 15th Five-Year Plan for energy, setting the largest solar and wind buildout targets in its planning history — capacity additions that would dwarf any previous five-year period.
Eolian has begun construction on a 200 MW / 1.06 GWh battery energy storage system in Ohio — the largest grid-scale battery project ever built in the PJM interconnection, which covers 13 states.
LG Energy Solution reported a return to operating profit in Q2 2026, driven by US battery energy storage system shipments and recovering EV cell demand in Europe — reversing several quarters of losses.
Indonesia's government has signaled it is close to breaking ground on a 100 GW solar initiative — one of the largest single solar commitments globally — though financing and grid integration details remain unresolved.