Europe

A leading German solar distributor has predicted “crazy” ongoing pricing pressures in Europe as the PV industry continues to face huge product oversupply and competition prompted by the easing of the recent energy crisis in Europe.

Global grid capacity needs to grow 2.5 times its current size, and annual expenditure on grids must more than double to US$970 billion by 2050, according to a new report from DNV.

Global Solar Council offers policy recommendations to increase the installed solar capacity and address barriers slowing its deployment.

Chinese module manufacturer LONGi has launched a new black dual-glass back contact module with a 22.3% conversion efficiency.

660GW of solar PV capacity will  be deployed in 2024 as market demand responds to sustained low module prices, according to polysilicon market researcher Bernreuter Research.

Soltec has published its financial results for the first quarter of 2024, which include revenues of €121 million (US$130 million).

Fraunhofer ISE has launched a project to improve tracking algorithms, using a digital twin to calculate optimised control approaches.

The two-pronged attack of vastly growing solar capacity and the shift to n-type technologies has converged to make silver a real pressure point for future solar manufacturing.

Global solar installations increased by 87% year-on-year in 2023 as China continued to dominate growth, according to SolarPower Europe.

Germany installed more than 5GW of new solar capacity in the first four months of this year, according to trade association BSW Solar.