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Market Dynamics

Austria Expands ‘Made in Europe’ Subsidies to Small-Scale PV and Storage Projects  

Austria’s Federal Ministry for Economic Affairs announced plans to launch a new funding round on June 23, 2025, offering up to 20% “Made in...

Reliance Industries Launches 1GW HJT Solar Module Line, Targets 20GW Vertical Integration in India’s Clean Energy Push

Reliance Industries Limited (RIL), India’s largest conglomerate, announced the commissioning of its first gigawatt-scale (GW) heterojunction (HJT) solar module production line—part of a planned...

Hanwha Group to Delist REC Silicon, Faces Backlash from Minority Shareholders Over “Undervalued” Offer

South Korea’s Hanwha Corporation and Hanwha Solutions Corporation, the largest shareholders of Norwegian polysilicon producer REC Silicon, announced a voluntary takeover bid to acquire...

Panasonic Exits Solar, Energy Storage Businesses Amid Industry Shifts, Doubles Down on EV Batteries and Clean Tech

Panasonic Corp. announced on April 28 that it will exit its solar photovoltaic (PV) and battery energy storage businesses in North America, according to...

China’s Q1 PV Installations Surge with Distributed PV Leading, Market Dynamics Shift Amid Policy Changes

According to data released by the National Energy Administration (NEA), China installed 59.71 gigawatts (GW) of new grid-connected photovoltaic (PV) capacity in the first...

UK Residential Solar Market Set for Robust Growth, Predicts IMARC

In a recent in-depth analysis of the residential solar industry, encompassing market share, growth trends, and a regional perspective, IMARC Group released its report...

China’s Renewables Capacity Surpasses Thermal Power for First Time in Q1 2025

In the first quarter of 2025, China witnessed a significant milestone in its renewable energy sector as the combined newly - installed capacity of...

Germany’s Ground-Mounted Solar Tender Oversubscribed Again as Bids Surge to 3.8 GW, Prices Fall to €0.0466/kWh

Germany’s Federal Network Agency (BNetzA) has announced the results of its latest ground-mounted solar tender held on March 1, 2025, revealing continued investor enthusiasm...

U.S. Solar Capacity to Hit 740GW by 2030 Amid 502GW Growth Forecast, But IRA Uncertainty Looms: Wood Mackenzie

The U.S. is projected to add 502 gigawatts (GW, DC) of utility-scale and distributed solar capacity over the next decade, sustaining annual installations between...

U.S. Slaps Sky-High Duties on Southeast Asian Solar Products

In a move that has sent shockwaves through the global solar industry, the U.S. Department of Commerce recently announced its final anti-dumping (AD) and...
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