Chinese PV Industry Brief: Longi ships 17 GW of back-contact modules in 2024
Longi says it shipped 17 GW of back-contact modules in 2024 and cut its net loss to CNY 8.62 billion ($1.18 billion), citing tighter inventory control, cost reductions, and higher investment returns.
Chinese PV Industry Brief: DMEGC posts gains as peers hit by weak Q1
Chinese solar manufacturers have reported mixed first-quarter results. DMEGC recorded strong growth while peers such as HiUV, Risen, Autowell and Jolywood suffered sharp declines amid falling prices and oversupply.
Off-grid solar investment down 30% in 2024
Off-grid solar investment fell 30% in 2024, with early-stage firms and productive-use tech hit hardest, says Gogla. The global association for the off-grid solar energy industry adds that scale-ups attracted 77% of the nearly $300 million invested, signaling stronger commercial viability among mature players.
Pexapark records 24 European PPAs for over 1.5 GW in March
Pexapark registered a notable increase in power purchase agreements (PPA) in March, with solar deals accounting for almost 1.4 GW of the total disclosed capacity.
Global corporate solar funding falls 41% to $4.8 billion in Q1 2025
Corporate funding in solar fell considerably in the first three months of this year due to policy reversals, tariff shocks and regulatory uncertainties, says a report from Mercom Capital.
Zimbabwe seeking contractor for 5 MW of solar
The Infrastructure Development Bank of Zimbabwe (IDBZ) has started accepting bids for a turnkey engineering, procurement, construction, financing, and operations and maintenance (EPC+F+OM) contractor for a 5 MW solar project.
Meyer Burger reports 2024 EBITDA loss of $257 million
Meyer Burger has posted a CHF 210.4 million ($256.7 million) EBITDA loss for fiscal 2024, on sales of approximately €75 million. The Swiss PV manufacturer says its future is “highly uncertain” as it seeks new financing and works on restructuring plans to remain operational.
The rise of bankable BESS projects in Europe
As the renewable energy sector rapidly evolves, battery energy storage systems (BESS) are emerging as a critical pillar for decarbonization. However, with capital constraints and rising market volatility, not all projects are equally viable. At ABO Energy, we’re witnessing a shift in the investment landscape, where preparedness is the key to success.
Chinese PV Industry Brief: Solar stocks slide as US tariffs stoke concerns
Chinese solar stocks tumbled on April 7 after the US government announced new tariffs, with more than 120 PV-related shares falling and over 85 dropping more than 10%. Analysts downplayed the impact, citing the US market’s limited role in global solar demand.
EU opens €600 million call for cross-border energy infrastructure projects
The European Union has launched a €600 million ($662.6 million) call for proposals to fund cross-border energy infrastructure projects that will connect or impact the energy systems of two or more member states. The deadline for submissions is Sept. 16.
