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Markets & Policy

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...

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...

UK Proposes Restrictions on Chinese Solar Panels for State-Owned Energy Firm

The Financial Times reported on April 23 that the UK's Department for Energy Security and Net Zero has proposed, in an amendment to the...

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...
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