Markets

A review of 60 renewable energy studies finds that by 2050, solar PV and wind could supply 80–100% of electricity, but overly conservative Capex assumptions and simplified PV modeling often underestimate deployment potential. While future PV costs depend on supply chains and geopolitical risks, historical experience suggests medium-term risks are manageable, and material constraints are being resolved.

In a new weekly update for pv magazine, Solcast, a DNV company, reports that Saharan dust caused widespread panel soiling in southern Europe in early May, while much of central and eastern Europe benefitted from above-average solar resources. Favourable conditions broke down later in the month as cold polar air and a powerful storm system brought cloud, snow and damaging winds to many parts of the continent.

Kosol Energie has used air freight to sustain PV module production, as supply constraints pressure timelines across utility-scale and commercial and industrial (C&I) segments.

Swiss national grid company Swissgrid teamed up with a group of Swiss energy expects to publish a white paper covering how Switzerland can integrate up to 40 GW of solar by 2050 while maintaining safe and reliable operation of the grid.

A proposed decision by the California Public Utilities Commission (CPUC) has drawn criticism from industry groups, who say it fails to support a viable market for community solar.

China’s Envision has launched a 12.5 MWh battery storage system and started production of a 790 Ah lithium iron phosphate (LFP) cell, as it advances an AI-driven storage strategy.

Rystad Energy says capital expenditure on data centers reached USD 770 billion in 2025, matching investment levels in photovoltaic infrastructure and surpassing upstream oil and gas.

Aggreko has unveiled plans to build what it says will be Australia’s biggest off-grid renewable hybrid power facility after signing a long-term power purchase agreement with the owner of Queensland’s largest proposed copper mine.

Figures from Singapore’s Energy Market Authority indicate that the country had a record year for solar deployment in 2025. Cumulative capacity surpassed 2 GW, leading to Singapore’s 2030 solar target being increased to 3 GW.

The 800 MW PV project with battery storage has been granted planning approval by the Energy Secretary, despite local councils and campaigners raising objections. Springwell Solar Farm expected to connect to new National Grid substation being built to accommodate flurry of local grid-scale solar projects.