GCL Technology forms $287 million entity to buy stake in Chinese rival
GCL Technology Holdings has set up a CNY 2.06 billion ($287 million) partnership to acquire a 42.5% stake in Inner Mongolia Xinyuan Silicon Material Technology, in a move that may point to emerging consolidation in China’s polysilicon sector.
Japan launches call for road-surface solar technologies
Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has started accepting submissions for new road-surface PV technologies, with field verification planned in pedestrian areas at roadside stations to test performance and electricity use ahead of societal implementation.
Key takeaways from China-EU Solar & Energy Storage Industries Dialogue 2025
Solar and storage industry leaders from China and Europe gathered in Germany this week to advance cross-border partnerships, launch a bilateral storage collaboration platform, and coordinate strategies for scaling PV and battery deployment amid surging demand, grid pressures, and intensifying market competition.
Canadian Solar consolidates US manufacturing assets
Canadian Solar says it will take direct control of its US solar and battery manufacturing assets through a new joint venture, shifting assets from its China-listed subsidiary and valuing the transaction at about $50 million.
South Korean solar inverter industry raises cybersecurity concerns
South Korean solar inverter makers have jointly launched a new association of inverter manufacturers to coordinate domestic production, safeguard local expertise, and address import-driven market issues and grid stability challenges.
Japan pilots low-weight solar panels, perovskite windows for buildings
Mitsui Home and Tokyo Gas have revealed plans to deploy Japan’s first combined on-site and virtual solar power purchase agreement (PPA), cutting factory emissions and maximizing rooftop energy use.
Japan’s PV module shipments hit 1.28 GW as residential demand accelerates
Japan’s solar module shipments reached 1.28 GW in the first quarter of fiscal 2025, supported by strong residential demand and ongoing dominance by foreign manufacturers, with domestic production limited to just 5% of total output, according to the Japan Photovoltaic Energy Association (JPEA).
South Korea mandates solar systems at public parking lots from late November
The South Korean government says all public parking lots larger than 1,000 square meters will be required to install solar power systems from the end of this month, as part of a nationwide policy to accelerate renewable energy adoption in urban areas.
Australia’s clean energy pipeline grows 24% to 56.6 GW
The Australian Energy Market Operator (AEMO) reported a 24% rise in new generation and storage capacity across the National Electricity Market (NEM), reaching 56.6 GW, as grid-scale batteries and hybrid solar projects drive growth.
Masdar, EWEC break ground on 1 GW baseload solar-plus-storage project
Abu Dhabi Future Energy Co. (Masdar) and Emirates Water and Electricity Co. (EWEC) have started building a solar-plus-storage project in Abu Dhabi that will deliver 1 GW of continuous baseload energy from a 5.2 GW solar plant paired with a 19 GWh battery system.
