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Market Dynamics

India’s Solar Manufacturing Capacity Soars in 2024 but Relies on Imports, Faces Challenges

In 2024, India witnessed an annual increase of 11.6 gigawatts (GW) in solar cell manufacturing capacity and 25.3 GW in solar module production capacity,...

Thailand Attracts Over THB 560B in Clean Energy Investments Over a Decade

According to a report by the Thai newspaper The Nation on the 19th, over the past 10 years, more than 2,900 clean energy investment projects have...

European Renewable Energy PPA Market Booms with 19GW of New Contracts in 2024

According to Wood Mackenzie data, the scale of renewable energy projects signed under the power purchase agreement (PPA) model in Europe in 2024 approached...

SunPower Brand Revival: CompleteSolaria Takes Over Iconic Solar Name Amid Bankruptcy

SunPower, once a leading U.S. solar company, filed for bankruptcy in 2024, but its brand is set for a revival under CompleteSolaria. The company...

Astronergy Concludes Successful Latin America Roadshow

Astronergy, a global leader in solar technology, concluded its month-long Latin America Roadshow today with a successful event in São Paulo, Brazil. The initiative,...

Europe Subsidizes Next-Gen HJT Technology on a Large Scale: Dutch Firm Receives €10M for 2.5GW HJT Module Factory

On April 16th, MCPV, a Dutch PV company and member of the European Solar Manufacturing Council, announced a €10 million grant from the Spanish...

IFC Backs Omani Polysilicon Project with 100,000-Ton Annual Capacity

The polysilicon manufacturing project being constructed by United Solar Holding in Oman has recently secured support from the International Finance Corporation (IFC), a member...

Ant Group, Hellobike, and CATL to Create New Ecosystem for Green and Smart Mobility

On April 10th, Ant Group, Hellobike, and Contemporary Amperex Technology (CATL) officially signed a strategic cooperation agreement in Hangzhou. The three parties will engage...

Meyer Burger Delays Annual Report Amid Losses, Job Cuts, and Operational Setbacks

Struggling solar manufacturer Meyer Burger has announced a delay in the release of its annual report until the end of May 2025, following the...

Maxeon Solar Faces US Business Challenges: Cargo Detentions, Supply Chain Restructuring, and Strategic Responses

Maxeon Solar recently disclosed the latest developments in its US solar panel business, encompassing supply chain restructuring and ongoing issues with the US Customs...
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