Jonathan Touriño Jacobo

Interest in solar PV projects saw a downward trend from Chinese central state-owned enterprises (SOEs) in 2024.

Last year has marked a turning point for Chinese energy and power enterprises' investments in PV power plants in China.

As storage capacity installation grew in double digits during Q4 2024, added solar PV grew by 6% year-on-year to 242MW in Q4 2024.

The portfolio will consist of around 1,100 ground-mounted, rooftop and carport projects built across France, which are expected to be completed by 2027.

Despite strong numbers forecast for 2025, this would represent a year-on-year decline from China's 277GW of solar PV installed in 2024.

US tech giants Meta and Microsoft have both respectively signed solar PV agreements with developers Cypress Creek Renewables and Silicon Ranch in the US.

Indian power conglomerate Tata Power has signed a memorandum of understanding (MoU) with the Indian government of Assam to build up to 5GW of renewables.

The Dubai Electricity & Water Authority (DEWA) has launched an expression of interest (EOI) seeking up to 2GW of solar PV and 1GW of BESS.

Germany-based renewables developer Uniper has started the construction phase on several solar PV projects in Hungary, Germany and the UK.

India has added a record 25.2GW of solar PV capacity in 2024, according to a report from research firm Mercom India Research.