Markets

ACWA Power has secured commercial operation certificates for three majority-owned solar projects in Saudi Arabia, adding 2.79 GW of operational capacity.

Fluence is significantly expanding its manufacturing footprint in Vietnam, following delays in scaling its new production facilities in the United States.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Waaree Energies has launched flexible solar modules up to 70% lighter and under 3.5 mm thick. The panels can be bonded directly to surfaces without mounting penetrations, suitable for sites where drilling or heavy support structures are impractical.

Voltfang has opened what it claims is Europe’s largest second-life battery storage plant in western Germany, with 250 MWh of annual capacity expected in 2026 and a target of 1 GWh before 2031.

Serbia’s solar market topped 5,000 prosumers in the first half of 2025, though no plants above 10 MW are online. The country has a gigawatt-scale pipeline and procured 124.8 MW in its February renewables auction.

China’s new energy storage capacity exceeded 100 GW by June 2025, with total installations reaching 164.3 GW, surpassing pumped hydro additions amid accelerating deployments and changing market dynamics, according to the China Energy Storage Alliance (CNESA).

pv magazine is compiling a guide to home solar installations, aimed at those who are interested in installing but are new to the market and want to make an informed decision. We have spoken to associations, installers and industry specialists in major solar markets across the globe to compile best practice guidance and advice that aims to be applicable to home solar installations anywhere in the world.

Paris-based Qair has secured a $5.7 million senior debt facility to develop a 5.8 MW floating solar project in the Seychelles, reviving plans that were delayed by the Covid-19 pandemic.

The International Solar Energy Society’s (ISES) Solar World Congress (SWC) has been held biennially since the 1970s, and in November 2025 will take place in Brazil. With the sharp and continuous drop in PV costs, photovoltaics has become the lowest-cost solution in Brazil and worldwide, and this is reflected in the number of articles accepted for presentation at the SWC. The Solar World Congress program has traditionally been dominated by presentations on solar radiation and solar thermal applications, but this year, photovoltaics is the focus of most of the accepted papers. In Brazil, where large-scale hydropower plants have traditionally dominated the electricity generation mix, PV is now the second-largest generating source, and the country is adding every year the equivalent of its largest hydropower plant Itaipu, which took more than 10 years to build and reach installed capacity.