Wood Mackenzie ranked NextPower as the world’s top PV tracker manufacturer in the first half of 2025, with companies headquartered in the United States, China and Spain occupying all top 10 positions.
IRENA’s latest report finds that energy use and material intensity across the solar PV manufacturing supply chain will decline through 2030. The analysis also shows Vietnam remains more cost-competitive than India due to lower electricity prices, while high energy and labour costs keep Australia and Germany less competitive.
Tariff reductions under the new U.S.-India trade agreement lower import costs for solar modules and energy storage components. Reciprocal tariffs were effectively reduced from 50% to 18%.
The WTO ruled that U.S. clean energy tax credits under the Inflation Reduction Act violate international trade rules by giving domestic products preferential treatment over Chinese goods. The decision specifically targets the ITC and PTC Domestic Content Bonus Credits.
Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) is developing the world’s first medium-voltage PV plants in Germany to cut material use, reduce costs, and simplify grid integration. They will test 1,500 V and 3 kV string configurations to create cost-effective, voltage-resistant components for large-scale solar.
Spanish tracker manufacturer Solar Steel has introduced an upgraded 2P single-row tracker designed to simplify assembly, improve standardization, and support deployment on complex terrain, including agrivoltaic projects.
India-based energy storage company GoodEnough Energy sazs it has commissioned a 7 GWh battery energy storage system (BESS) factory in Noida, with plans to expand capacity to more than 25 GWh over the next three years.
WFES 2026 in Abu Dhabi underscored growing momentum for solar, storage, and C&I renewables across MENA, with batteries emerging as a key enabler for grid stability, agriculture, and data centers. Industry leaders pointed to Iraq, Libya, Yemen, and Saudi Arabia as key growth markets, highlighting rising interest in AI-driven data centers, solar-plus-storage solutions, and a broadening regional supply chain.
Sensors are an indispensable tool to inform utility managers of the state of the electricity grid and the occurrence of disruptions of any kind. The IEC provides the standards and conformity assessment that enable them to operate safely and efficiently.
The factory will be located in Jeddah and supply solar trackers across Saudi Arabia and the MENA region.
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