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The decline reflects the broad trend across the solar manufacturing industry, where severe downward pressure on prices—brought about by an excess of product supply—has squeezed manufacturers' margins and pushed some into the red.

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.

The Australian government has opened a consultation into the upcoming Western Australia Capacity Investment Scheme (CIS) tender design.

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

Daqo New Energy posted losses of US$65.3 million in the fourth quarter of 2024, and end-of-year losses of US$212.9 million.

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

The retreat on renewables has been described as a "last-ditch attempt to cash in" against the rising tide of the energy transition.

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 European Commission has launched its Clean Industrial Deal, which aims to deliver €100 billion for clean energy manufacturing.

The Serbian Ministry of Energy and Mining has awarded tenders for ten solar and wind projects with a total capacity of 645MW.