Asia & Oceania

Chinese polysilicon producer Daqo New Energy recorded over RMB1 billion in losses in 2025, roughly halving its losses compared with 2024.

Last week, the Chinese Ministry of Commerce (MoC) issued its final review ruling regarding anti-dumping measures on solar-grade polysilicon originating in the US and South Korea.

Chinese wafer producer TCL Zhonghuan is planning to take a controlling stake in cell and module manufacturer DAS Solar to strengthen its vertical integration.

Wooderson Solar Development Co has submitted a 450MW solar-plus-storage project in Queensland to Australia's EPBC Act.

Lava Blue has signed an MoU with HaloCell Energy to establish a supply chain for high-purity perovskite precursor materials in Australia.

Indian solar PV manufacturer Vikram Solar is transitioning its module portfolio to the G12R format, led by the HYPERSOL G12R series. 

The Australian government has announced AU$24.7 million in funding over three years to establish a National Solar Panel Recycling Pilot.

Canada-based solar mounting systems provider Polar Racking has entered the Australian market through its involvement in the 240MW Maryvale solar-plus-storage project in New South Wales, marking the company's first project deployment in the country.

The European Bank for Reconstruction and Development (EBRD) will invest almost US$200 million in a 300MW/75MWh solar-plus-storage project in Uzbekistan.

Solar dominated employment in the renewable energy sector in 2024, accounting for over 40% of the global renewables workforce, the most of any sector.