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Market Dynamics

NorSun Shifts Fully to US Market, Closes European Factory

NorSun, a European manufacturer of monocrystalline silicon ingots and wafers, has announced the permanent closure of its factory in Årdal, Norway, and filed for...

European PV Firms Struggle, Some Shift Focus to US

European solar manufacturers are facing significant challenges, with some even announcing closures and shifting focus to the US. Secretary-General of the European Solar Manufacturing...

SEIA Outlines Policy Agenda to Strengthen US Solar Leadership

The Solar Energy Industries Association (SEIA) has unveiled a comprehensive policy agenda aimed at making the United States a global leader in solar energy...

NuVision Solar to build 2.5GW HJT Solar Factory in the US

Recently, NuVision Solar, a U.S. company, announced plans to establish a 2.5GW Heterojunction (HJT) solar cell and module manufacturing factory in the United States,...

Electricity Prices Skyrocket Across Europe, Especially in Germany

This winter in Europe has been exceptionally cold, not just in terms of temperature but also in electricity prices. In Germany, electricity prices have...

UK Aims for 45-47GW of Solar PV Capacity by 2030

The UK government's latest Clean Electricity Action Plan 2030 outlines significant growth in renewable energy capacity by 2030, with a focus on offshore wind...

Juniper Signs 1GW Solar Module Deal with First Solar

Juniper Green Energy has signed an agreement with First Solar to procure 1GW of its Series 7 FT1 cadmium telluride thin-film solar panels. Headquartered in...

Europe Remains Largest PV Module Export Market, but Share Declines, says CPIA

From January to October 2024, China's total exports of photovoltaic products (silicon wafers, cells, and modules) amounted to approximately $28.14 billion, a year-on-year decrease...

South Africa Adds 961MW of PV Installations in First 10 Months this year

Data from the South African Photovoltaic Industry Association (SAPVIA) has revealed that South Africa added 961MW of new photovoltaic (PV) installations in the first...

Bangladesh Cancels Numerous Power Plant Projects

On August 27, the Ministry of Power, Energy, and Mineral Resources of Bangladesh's caretaker government canceled contracts for 42 power plant projects, including 37...
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