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Finance

Silver demand from PV industry expected to drop 19% this year

A new report from Metal Focus reveals that global silver market remains structurally tight, with elevated prices, a fifth consecutive annual supply deficit in 2025, and ongoing mine and recycling constraints despite modest production growth. At the same time, PV-driven silver demand is falling sharply due to cost pressure and thrifting.

First solar project backed by EU’s cross-border tender starts operating

The 20 MW Loukkaanaro solar park received €2.35 million ($2.7 million) from the EU’s first cross-border renewables tender. It is billed as the largest operational solar project in northern Finland.

Japanese rail operator to procure 98 MW of new solar via corporate PPA

Tokyu Corp. and partners will supply Tokyu Railway with newly built solar power under a corporate power purchase agreement (PPA), covering about 30% of traction electricity demand.

GCL Optoelectronic targets 2026 IPO, US plant, space solar rollout

GCL Technology says its GCL Optoelectronic subsidiary plans a Hong Kong initial public offering (IPO) in 2026, alongside a potential 500 MW factory in the United States and a roadmap for space-based solar.

Maxeon files for restructuring in Singapore

Company statements in a filing with the U.S. Securities and Exchange Commission indicate it will seek an arrangement between itself and creditors that may allow it to survive “as a going concern.”

BBDF 2026: Finance, tolling, and getting the merchant balance right

As Europe prepares to roll out 200 GWh of battery storage over the next five years, discussion at the Battery Business & Development Forum 2026 turns to how financing models are rapidly shifting. Bankers, developers and stakeholders shared key pain points with the audience, as well as practical advice.

IFC loans $125 million for polysilicon factory in Malaysia

The International Finance Corporation is providing an A Loan to Malaysian polysilicon producer OCI TerraSus that will partly finance the development of a semiconductor-grade polysilicon production facility in Sarawak, Borneo.

Hysolar moves to take control of Suntech

Hongyuan Green Energy (Hysolar) says it plans to take control of Wuxi Suntech Solar Power through a court-led restructuring that transfers core assets into a new entity while isolating legacy debt.

Croatia to invest €40 million in household solar, batteries, heat pumps

The Croatian government’s latest set of energy support measures includes new financing for residential solar, batteries and heat pumps, expected to support up to 15,000 applications, as well as an extension of existing electricity price subsidies for homeowners.

Who are the Top 100 PV manufacturers today?

The Terawatt PV 100 ranks the top 100 solar manufacturing companies using a new methodology based on production scale, financial strength, and corporate transparency, with Tongwei leading the Q1 2026 list and most top firms headquartered in China. The analysis highlights increasing global supply-chain scrutiny driven by tariffs and ESG mandates, while also showing rising influence from Indian companies and strong positions for key materials and equipment suppliers.

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