Markets

The latest Sinovoltaics financial stability report ranking lists Tainergy, Eterbright, First Solar, Era Solar, and TSEC as the top five module makers. There was a slight reshuffling in the top ten, and seven new manufacturers were added to the ranking.

GCL Technology says revenue and profits fell in 2023 due to losses on certain assets, higher financing costs, and an uptick in R&D spending.

A World Trade Organization (WTO) official and several Italian lawyers recently spoke with pv magazine Italy about the timing of a potential Chinese legal challenge against Italy’s new solar measures, which exclusively provide incentives for high-performance PV modules produced in the European Union.

The so-called “network checker” will allow residential PV customers in Belgium to check if there have been any inverter failures in their local area. It comes after Belgian grid operator Fluvius launched a compensation scheme for those who are not reconnected within 30 working days of a curtailment.

University of Michigan researchers have found that the value of rooftop solar will increase by between 5% and 15% by the mid-century across a range of US cities under moderate climate change, and by up to 20% by the end of the century.

In another article of a series, Women in Solar Europe (WiSEu) gives voice to Angelika Möbius, the founder of the startup Solar AI Twin. She says addressing the gender gap in the solar industry is a complex task that requires a deep understanding of the unique challenges women face. Key barriers include a lack of mentorship opportunities and the absence of professional networks.

In a new weekly update for pv magazine, Solcast, a DNV company, reports that a significant high-pressure anomaly in the Pacific fostered more settled conditions and pushed a deep layer of dryer air over the Western United States, resulting in clearer skies. Whilst coastal regions saw average to slightly more irradiance than normal, Midwestern states including Iowa, Nebraska, Kansas, and Wyoming, received up to 110% normal levels.

Average retail prices fell to €6.24 ($6.70)/MWh on the German electricity spot market in April, largely due to renewables covering about 70% of the network load.

Battery prices reached an all-time low in India in 2023, led by a moderation in raw material prices amid rising production across the value chain, according to credit rating agency ICRA.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, offers bite-sized analysis on solar PV module supply and price trends.