Markets & Finance

A new report from the International Energy Agency (IEA) has shown that solar PV made up 7% of the world's electricity generation in 2024.

“As the market develops, there’s more sophisticated views of the market,” said Aldevinas Burokas at Solar Finance & Investment Europe 2025.

Several distributors told PV Tech that they received messages from suppliers that some PV module manufacturers are considering increasing prices.

Environmental Law & Policy Center argued that PJM’s scoring system would favour specific resource classes, such as combined cycle gas.

Muswellbrook Shire Council in New South Wales, Australia, has backed a solar module recycling mandate for a 135MW solar PV plant being developed by Swedish solar developer OX2.

A report from CEA says that the impact of the new Republican administration on the provisions under the IRA remains “uncertain”.

Chinese solar manufacturers LONGi and Jinko Solar, along with Indian PV manufacturer Waaree Energies, have been named in a series of patent disputes filed in China and the US.

Australia’s Clean Energy Council said 2024 was the best year for renewable energy investment since 2018, with AU$9 billion committed.

Trina Solar has filed a lawsuit against Canadian Solar, seeking US$144.7 million for the alleged infringement of two patents.

Located in the solar hotbed region of Atacama in northern Chile, the Domeyko project will have an 83MW solar PV capacity and 660MWh battery energy storage system (BESS) capacity.