Markets

Wood Mackenzie highlights a groundbreaking 5.2 GW solar-plus-storage project in the UAE capable of delivering 1 GW of continuous baseload power, signaling a potential shift in renewable energy deployment despite high costs. The report also forecasts strong global solar growth through 2030, including the rise of residential “balcony solar” in the U.S. and expanded solar shares in Asia Pacific and the U.S.

US industry experts trace the evolution of PV rapid shutdown rules and outline how recent updates to UL 3741 are reshaping compliance pathways for rooftop and commercial solar in the United States.

EU solar generation increased by over 20% for the fourth year running in 2025, with its share in the energy mix surpassing coal and hydro. For the first time in history, solar and wind generated more energy in the EU than fossil fuels.

A research team from Osaka Metropolitan University have developed a donor-acceptor-donor molecule that can spontaneously self-assemble into nanoscale structures and offer a more stable route to built-in p/n heterojunctions in organic solar cells.

China’s leading stationary storage battery manufacturers are accelerating the rollout of 500 Ah-plus lithium iron phosphate (LFP) cells, betting that larger formats can cut system complexity and lift energy density in 6 MWh-class containers, even as safety, yield, and standardization challenges intensify.

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.

With silver prices rising, more large solar manufacturers are expected to switch to copper for cell metallization. Radovan Kopecek of ISC Konstanz tells pv magazine that he expects the entire industry to follow. Ning Song of the University of New South Wales says a small efficiency tradeoff may be acceptable if the cost savings are significant and do not introduce new reliability risks.

A report from McKinsey and Company says the relative ease of building out solar projects means the U.S and Europe are likely to meet their end-of-decade deployment targets, despite current pipeline gaps of around 205 GW and 181 GW.

Austrian engineering group Andritz has signed a deal to supply the pump turbine units for a 500 MW pumped storage plant in South Korea, the country’s first new pumped storage project in over a decade.

The twelfth edition of the International Renewable Energy Agency’s Renewable Energy and Jobs report, in collaboration with the International Labour Organization (ILO), provides the latest data and estimates of renewable energy employment globally. It finds global renewable energy jobs reached 16.6 million in 2024, but growth slowed. The solar photovoltaic sector is by far the largest employer in the renewable energy industry, accounting for over 7.2 million jobs worldwide. The report calls for stronger public action to build domestic supply chains and ensure a more inclusive workforce.