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Market Dynamics

Huawei Unveils Next-Gen Grid-Forming Energy Storage Solutions at Intersolar Europe 2025

At Intersolar Europe 2025, Huawei Digital Power’s Intelligent PV Business Unit today launched a groundbreaking full-scenario grid-forming energy storage platform and a next-gen residential energy management system,...

Longi, ENGIE, PowerChina Sign 1GW+ Deal to Accelerate Clean Energy Transition

Recently, LONGi Green Energy Technology partnered with global energy giant ENGIE and China’s leading power construction enterprise PowerChina to sign a major strategic cooperation...

Rising AI-Driven Power Demand Poses Dual Challenge-Opportunity for Global Energy Transition

Accelerated electricity demand growth fueled by artificial intelligence (AI) adoption presents both a critical challenge and a transformative opportunity for businesses, according to BloombergNEF’s...

JA Solar Inks MOUs with Australian Firms for 250MW Solar Module Supply

Leading global solar energy solutions provider JA Solar has recently secured memorandum of understanding (MOU) agreements with two prominent Australian clean energy firms—NSEG and...

Global Solar Market Surges: China Drives Record Installations as Europe Accelerates Decarbonization

Global solar PV capacity additions hit 597 GW in 2023—a 36% annual surge—with China accounting for 55.1% of new installations, according to SolarPowerEurope’s Global Solar...

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...
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