Solar wafer price rebound nears its limit
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.
Algeria’s Sonelgaz relaunches 520 MW solar tender
Sonelgaz has re-tendered three PV projects in Algeria totaling 520 MW, with sites in Kenadsa, Touggourt, and Tamacine, where initial earthworks have begun. The projects were previously awarded to a consortium of Italy’s Fimer and Algeria’s Cosider.
‘Oversupply is still there’
At the World Future Energy Summit in Abu Dhabi, pv magazine spoke with two OPIS analysts about the current and projected price trajectory in the global supply chain. According to their analysis, overcapacity remains difficult to be kept in control, which makes an increase in solar module prices very unlikely, at least in the near future.
Pexapark records 27 European PPAs for 2.09 GW in December
Pexapark, a Swiss renewables intelligence provider, says December was the second-most successful month for power purchase agreements (PPAs) in Europe in 2024, in terms of total signed capacity.
China’s new energy storage capacity surges to 74 GW/168 GWh in 2024, up 130% YoY
In 2024 alone, China added 42.37 GW/101.13 GWh of new storage capacity (excluding pumped hydro), with an average discharge duration of 2.3 hours—up from 2.1 hours in 2023.
Wood Mackenzie predicts solar growth will stagnate in 2025
Wood Mackenzie’s latest report forecasts that 493 GW (DC) of solar will be added throughout the world this year, compared to 495 GW in 2024. Solar module prices are expected to rise this year as manufacturers aim to recover profit losses from the past two years.
GCL cuts granular silicon production costs by 15%
GCL Technology cut granular silicon production costs by 15% to CNY 28.17 ($3.87)/kg in the fourth quarter of 2024, down from CNY 33.18 in the previous quarter.
Powerhouse installs off-grid solar for remote EV charger in Australia
Australia’s Powerhouse has installed a 60 kVA off-grid solar array in northern Australia to power a remote EV charger. The project is part of the 7,000 km WAEV Network.
Where does solar stand in Trump’s ‘all the above’ energy policy?
Wind and electric vehicles have come under the crosshairs for the Trump administration, while solar has been relatively unscathed – so far.
JinkoSolar takes top spot on WoodMac’s list of PV module manufacturers
Wood Mackenzie says that JinkoSolar has taken first place on its list of solar panel manufacturers. The report confirms the dominance of the TOPCon technology but also notes that heterojunction and back contact panel manufacturers are increasing their production share.
