Markets & Finance

Preliminary financial results from three Chinese manufacturers show a downward trend across the solar manufacturing industry over 2024.

Struggling Swiss solar manufacturer Meyer Burger has started a mergers and acquisitions process with interested third-party buyers.

The letter said the IRA has brought “significant investments in the health of our economy" and US$500 billion in manufacturing investments.

Global solar corporate financing has decreased 24% in 2024, compared to the previous year, with US$26.3 billion, according to market research firm Mercom Capital Group.

The domestic content bonus could attract bipartisan political support and insulate the IRA ahead of Donald Trump's inauguration next week.

According to Qcells, the recipient companies are allegedly producing and selling products using laser enhanced contact optimization technology, for which it holds the patent.

The agreement will support the construction of six PV plants, with a combined capacity of 724MW, which will be sited to support Google’s data centre operations.

These programmes are Empowering Rural America and Powering Affordable Clean Energy, with investments in rural communities across 30 US states.

The Africa Solar Industry Association’s 2025 market outlook has recorded a 2.5GW increase in PV installations in 2024.

Mexico aims to add 27GW of new electricity generation between 2025 and 2030 with “a large percentage of renewable energy”.