Solar gains across Brazil and Caribbean despite above average rain
In a new weekly update for pv magazine, Solcast, a DNV company, reports that Southern Brazil and the northern Andes were irradiance hotspots during March, posting anomalies as high as 30% above the climatological average. The increase came despite intense rainfall causing flooding in other parts of South America.
North American solar PPA market remains stable in Q1 2025
Solar power purchase agreement (PPA) prices in North America held steady in the first quarter of 2025, averaging $57.04/MWh, up 1% from the previous quarter, says LevelTen Energy.
Polysilicon prices decline amid growing short-term market pessimism
In a new weekly update for pv magazine, OPIS, a Dow Jones company, reports that prevailing pessimism in the global polysilicon market continues to intensify, with current conditions still favoring buyers to a certain extent, allowing them to retain a degree of leverage in negotiations.
Solex Energy to open 2 GW TOPCon cell plant in 2027
India’s Solex Energy has started working on its new 2 GW n-type tunnel oxide passivated contact (TOPCon) solar cell factory, with operations set to begin in early 2027.
US-based Complete Solaria rebrands as SunPower
Complete Solaria says it acquired SunPower’s assets for $45 million after its bankruptcy, then sold its shingled module patents to Maxeon, which is now owned by China’s TCL Group.
Enphase misses Q1 2025 revenue target, trims margin outlook on tariffs
Enphase Energy has posted $356.1 million in revenue for the first quarter of 2025, falling short of expectations. The solar microinverter and battery storage provider says it has lowered its margin outlook due to rising tariff pressures.
Off-grid solar investment down 30% in 2024
Off-grid solar investment fell 30% in 2024, with early-stage firms and productive-use tech hit hardest, says Gogla. The global association for the off-grid solar energy industry adds that scale-ups attracted 77% of the nearly $300 million invested, signaling stronger commercial viability among mature players.
DAS Solar plans 3 GW solar module factory in France
Chinese manufacturer Das Solar says it will open its first European PV panel assembly plant in Mandeure, eastern France, by the end of 2025.
Ireland issues tender to stimulate limited industrial heat pump market
Government-run Sustainable Energy Authority of Ireland (SEAI) is tendering for the provision of technical and advisory support services for its grant programs aimed at organizations in Ireland planning to decarbonize. The tender follows a report by the SEAI that showed Ireland has a limited market for industrial heat pumps and called for greater outreach and support for businesses to install the technology.
Austria launches €60 million rebate program for rooftop PV in 2025
Austria has opened applications for its €60 million ($68.3 million) rooftop PV rebate program for 2025, with a second-round “Made in Europe” bonus offering 20% more funding for projects using European-made components, says OeMAG.
