Chinese PV Industry Brief: Kelin Electric to raise funds for 1 GW perovskite project
Kelin Electric says it plans to raise up to CNY 1.46 billion ($201.8 million) through a private placement, with CNY 1.26 billion allocated for a 1 GW perovskite solar module project in Hangzhou, Zhejiang province.
Key takeaways from Solar Solutions Amsterdam 2025
The Solar Solutions Amsterdam 2025 trade show highlighted the shift in Europe toward smarter, scalable energy systems, showcasing innovations in residential and commercial solar technology as demand for integrated, flexible solutions continues to grow.
New way to improve accuracy of electricity price forecasts
Researchers at the European Commission’s Joint Research Centre (JRC) have developed a new filtering technique to improve electricity price forecasts by refining historical price data before applying predictive models.
Indian PV makers must brace for changing trade landscape
Indian PV exporters stand to gain from China’s restricted access to the US market, but mounting price competition from Chinese manufacturers and the risk of US tariffs on Indian goods could threaten their long-term growth, says Rubix Data Sciences in a new report.
Greece launches 4.7 GW utility-scale battery storage program
Following a brief consultation in late February, the Greek government has unveiled a new battery storage program targeting 4.7 GW of utility-scale, standalone projects which will be given a priority connection and operated on a merchant basis without subsidy support. The decision detailing the new program is the last policy made by the energy ministry before a cabinet reshuffle initiated last week.
Actis closes $600 million investment in Philippines’ MTerra Solar
Actis has finalized a $600 million investment in Terra Solar Philippines Inc. (MTerra Solar), partnering with MGEN Renewable Energy Inc. (MGreen) and its subsidiary, SP New Energy Corp. (SPNEC), to expand renewables in the Philippines.
C&I solar grows 18% in the United States in 2024
Distributed solar fell 11% in 2024, dragged down by the residential segment, according to Ohm Analytics’s report on the fourth quarter of 2024. However, signs of recovery emerged with a strong fourth quarter and increasing installation volumes throughout the year.
Poland finalizes 5 GWh energy storage subsidy scheme
A total of PLN 4 billion ($1 billion) will be distributed under the subsidy scheme by the end of 2025 in a bid to bring online more than 5 GWh of energy storage projects by 2028.
Germany deploys 1.53 GW of PV in February
The country’s cumulative installed PV capacity reached approximately 102.3 GW at the end of February.
Bangladesh power agency tenders 120 MW of solar
Dhaka Electric Supply Co. (Desco), a Bangladeshi power distribution company, has launched a tender for 120 MW of on-grid solar, to be installed in eight lots of 15 MW. The deadline for applications is May 5.
