Markets & Finance

India has nearly trebled its annual nameplate for solar cells from 9GW to 25GW between March 2024 and March 2025, according to the Ministry of New and Renewable Energy (MNRE).

Held by Italy’s energy management agency Gestore dei Servizi Energetici (GSE), the tender will allocate €323 million (US$349 million) to fund agriPV projects.

A round-up of news from China with the price of solar wafers going up, TCL Zhonghuan shipping over 200GW of 210mm wafers and Complant securing an engineering, procurement, and construction (EPC) contract for a PV project in Congo.

Brazilian mining giant Vale has sold a 70% stake in a renewable power portfolio in the country, generating around US$1 billion in cash.

PERC solar PV technology is “all but obsolete” in Europe, as the flow of cheap N-type products coming from China is unlikely to abate.

Heterojunction module prices have continued to decrease in the US by 2.9% between November 2024 and February 2025, according to a report from solar and storage software company Anza.

FTC Solar has reported revenue of US$13.2 million in the fourth quarter of 2024, the highest quarterly figure reported in 2024.

The origin of solar cells has had an impact on the price of US solar modules in the past few months, according to a report from solar and storage software company Anza.

The Spanish Ministry of Ecological Transition (MITECO) has awarded funding to seven solar PV manufacturing projects with more than €210 million.

Developer Elgin Energy's 330MW Barwon Solar Farm has become the latest project to be fast-tracked by the Victoria government in Australia.