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PV Tech Power 42 is now available

PV Tech Power 42 out now: winning back local support, module underperformance and predicting inverter reliability

May 2, 2025
The Q2 2025 edition (Volume 42) of our downstream solar PV journal, PV Tech Power, is now available to download.
Maxeon’s module production plant in Mexico. Image: Maxeon Solar Technologies.

Maxeon’s revenue halves from 2023 to 2024 as CBP maintains module detention

May 2, 2025
Maxeon shipped just 211MW in the fourth quarter of 2024, driving a year-end revenue of less than half of what was reported in 2023.
Genex’s 50MW Kidston Solar Project in Queensland. Image: Genex Power

Australia: Queensland government unveils rigorous approval process for solar PV

May 2, 2025
The Queensland government has announced plans to reform the approval process for solar PV and wind generation sites in the Australian state.
FTC Solar trackers.

FTC Solar posts 57.6% quarter-on-quarter revenue growth in Q1 25

May 1, 2025
US tracker manufacturer FTC Solar has announced a 57.6% quarter-on-quarter increase in revenue in the first quarter of this year.
The plant has already shipped its first US-made TOPCon modules earlier this year. Image: Thomas Koerner via LinkedIn.

Canadian Solar’s manufacturing arm sees Q1 profits fall, considers ‘relocation’ due to tariffs 

May 1, 2025
CSI Solar, the PV manufacturing subsidiary of Canadian Solar, has posted massively decreased profits in Q1 2025 amid what it described as “high trade barriers” and “severe supply-demand imbalances”.
SPE said enhanced cybersecurity requirements should be introduced for components such as inverters. Image: BayWa r.e.

ESMC calls for restriction of remote access to PV inverters from China

May 1, 2025
The ESMC has called for a restriction of remote access to PV inverters in Europe from ‘high-risk’ manufacturers, mainly those in China.
Image: EnergyCo.
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NEM data spotlight: Solar generation increases 13% year-on-year in April

May 1, 2025
April 2025 saw solar PV generation, both rooftop and utility-scale, decrease marginally month-on-month in Australia’s NEM by almost 11%.
A First Solar manufacturing facility.

First Solar revises 2025 guidance down due to tariff impact

April 30, 2025
Cadmium telluride (CdTe) thin-film solar manufacturer First Solar has issued revised guidance to reflect the expected impact of the implementation of new tariffs set by Donald Trump’s administration.
Repsol will have the option of buying the remainder of Hecate three years after the initial deal closes. Image: Repsol/Flickr.

Stonepeak acquires stake in Repsol’s 777MW US solar-plus-storage portfolio

April 30, 2025
Stonepeak has acquired a 46.3% stake in Repsol’s 777MW solar and storage portfolio currently in operation in New Mexico and Texas.
Iberdrola offices. Credit: Iberdrola

Iberdrola records €2 billion profits in Q1 2025

April 30, 2025
Spanish energy utility giant Iberdrola has reported huge profits of over €2 billion in the first quarter of 2025.

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