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Global PV capacity grew by over 600GW in 2024, pushing cumulative installations past 2,260GWdc. Image: IEA.
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‘The industry is producing more than it can install,’ says Gaëtan Masson as world exceeds 2.2TW of solar

October 10, 2025
Gaëtan Masson of IEA PVPS warns of overcapacity, collapsing prices and slipping module quality in the new Trends in PV Applications report.
Image: Michael Pointner/unsplash

European solar module market reaches supply and price ‘equilibrium’

October 10, 2025
The European solar module market has reached a “state of equilibrium” in recent weeks, with stable prices and regular demand.
Laminate pulled from a solar panel before recycling. Image: Solarcycle.

Solar recycling firm OnePlanet awarded R2v3 traceability standard

October 10, 2025
US solar recycling firm OnePlanet has achieved the R2v3 certification from electronics sustainability non-profit SERI, which represents the “highest standards of traceability”.
As per the agreement, NTPC REL will establish 10GW of solar power projects and 5GW of wind power projects. Image: NTPC.

NTPC Green signs MoU with Gujarat government to develop 15GW renewable energy projects

October 10, 2025
NTPC Renewable Energy Limited has signed an MoU with the Government of Gujarat to develop 15GW renewable energy projects in Gujarat.
Image: Lumea.

Australia’s renewable energy project additions slow to 5.8GW in September, says Rystad Energy

October 10, 2025
Australia's renewable energy sector recorded its slowest month of the year for additions in September, with 5.8GW of new projects added to development pipelines, according to data from Rystad Energy.
Edify Energy has several utility-scale solar PV plants, such as the 333MWp Darlington Point project in New South Wales (above). Image: Edify Energy.

Australia’s Capacity Investment Scheme Tender 4 sees 6.6GW of renewables awarded

October 9, 2025
The Australian government has announced the results of the fourth Capacity Investment Scheme (CIS) tender, with 6.6GW of renewables awarded long-term contracts.
Solar PV panels and wind turbines at sunset

Solar is the world’s cheapest source of electricity, research shows

October 9, 2025
Solar PV is the world’s cheapest technology to generate electricity, according to a study from the University of Surrey, in the UK.
The 300MW solar power asset is located in Fatehgarh, Rajasthan, the epicentre of India’s rapidly expanding solar energy sector. Image: Sembcorp.

Sembcorp to acquire ReNew’s 300MW solar unit for US$246 million

October 9, 2025
Singapore-based Sembcorp Industries has agreed to acquire ReNew’s 300MW solar power unit in India for around US$246 million.
An Avaada Group manufacturing plant.

Avaada signs MoU with Gujarat government worth US$4.05 billion

October 9, 2025
Avaada has inked an MoU with the Gujarat government to develop solar, wind, and BESS worth INR360 billion (US$4.05 billion). 
The facility is slated to open in 2027 and will generate around 450GWh of electricity each year. Image: Unsplash.

Low prices, fierce competition in Germany’s latest solar-plus-storage auction

October 9, 2025
Germany has awarded contracts to 490MW of solar-plus-storage projects in its latest “innovation” auction for co-located renewables.

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‘The industry is producing more than it can install,’ says Gaëtan Masson as world exceeds 2.2TW of solar

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