News

A leading German solar distributor has predicted “crazy” ongoing pricing pressures in Europe as the PV industry continues to face huge product oversupply and competition prompted by the easing of the recent energy crisis in Europe.

Global grid capacity needs to grow 2.5 times its current size, and annual expenditure on grids must more than double to US$970 billion by 2050, according to a new report from DNV.

Global Solar Council offers policy recommendations to increase the installed solar capacity and address barriers slowing its deployment.

Chinese module manufacturer LONGi has launched a new black dual-glass back contact module with a 22.3% conversion efficiency.

The Queensland government confirmed that Caloundra, Australia, will house a Local Renewable Energy Zone to triple rooftop solar generation.

ARENA has launched its global AUS$100 million ‘Solar ScaleUp Challenge’ aiming to stimulate innovation and collaboration in the solar sector.

660GW of solar PV capacity will  be deployed in 2024 as market demand responds to sustained low module prices, according to polysilicon market researcher Bernreuter Research.

Soltec has published its financial results for the first quarter of 2024, which include revenues of €121 million (US$130 million).

US solar tracker manufacturer Nextracker has unveiled a new manufacturing line in collaboration with industrial manufacturing services company Unimacts.

US residential installer Titan Solar Power has ceased operations late last week with a note that allegedly revealed the company’s closure.