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Market Dynamics

Global Utility-Scale PV Installations to Add 183GW in 2024, Says Wiki-Solar

According to statistics from Wiki-Solar, a solar project tracking website, global cumulative installed capacity of utility-scale PV has reached nearly 800GW (AC) / 1,000GW...

European PV Module Prices Surge by Over 20%

According to Search4Solar, a Dutch-based online trading platform for European PV products, PV module prices in Europe have rebounded for the first time after...

REC Reports Polysilicon Sales of 377 Metric Tons in Q4 2024

On February 6th, Norwegian silane and polysilicon producer REC Silicon ASA released its performance report for the fourth quarter of 2024. The report revealed that...

Sharp Electronics Announces Exit from European PV Market Due to Intensifying Competition

On February 6th, Sharp Electronics announced that due to the challenging environment in the European photovoltaic (PV) market, the company has decided to officially...

Turkey Achieves 2025 Solar Installation Target Ahead of Schedule

According to the latest report by Ember Energy, Turkey's solar installed capacity has doubled from 9.7GW in July 2022 to over 19GW by the...

Trina Solar Forecasts Global PV Module Demand to Surge Above 660GW in 2025

Recently, Trina Solar released its 2024 annual performance forecast and future development plan. The company has flexibly navigated various challenges such as supply-demand imbalances...

Chinese Internet Giants Compete in Photovoltaic Sector

Amid the global trend towards green and low-carbon development, domestic internet giants such as Tencent, Baidu, Alibaba, JD.com, and Xiaomi have ventured into the...

India Doubles New Solar PV Installations in 2024 to 24.5GW

Data from India's Ministry of New and Renewable Energy (MNRE) reveals that, measured at the AC end, India's new photovoltaic (PV) installations more than...

U.S. Solar Panel Manufacturing Capacity Surpasses 50GW

On February 4th, the Solar Energy Industries Association (SEIA) announced that the U.S. manufacturing industry has reached a historic milestone—domestic solar panel manufacturing capacity...

China’s Export Control on Cadmium Telluride Poses Challenges to U.S. Solar Company

On February 4th, the Ministry of Commerce, in conjunction with the General Administration of Customs, officially issued an announcement implementing export controls on items...
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