China sets ‘capacity price’ floor for grid-scale storage, tying payments to coal benchmarks
Beijing’s new rule lets standalone storage earn fixed-cost payments for availability, not energy delivered.
Vietnam more cost-competitive than India in cell, PV module production, says IRENA
IRENA’s latest report finds that energy use and material intensity across the solar PV manufacturing supply chain will decline through 2030. The analysis also shows Vietnam remains more cost-competitive than India due to lower electricity prices, while high energy and labour costs keep Australia and Germany less competitive.
Philippines accelerates permits for solar net-metering
The government of the Philippines has announced a series of reforms to its net-metering scheme, including faster permitting, the introduction of multi-site and aggregate net-metering, as well as allowing qualified end users to retain ownership of Renewable Energy Certificates for trade on the Renewable Energy Market.
Saudi Arabia could hit net-zero emissions by 2060, with 151 GW of solar
Saudi researchers outlined pathways for Saudi Arabia to reach net-zero power sector emissions by 2060, requiring up to 3.6% of land – mostly for onshore wind – with 151.3 GW of solar PV covering only 0.16% of the country.
Indonesia’s solar capacity reaches 1.49 GW
Indonesia surpassed 1 GW of cumulative solar capacity in 2025, with an estimated 546 MW of added solar last year, led by deployments in the rooftop C&I segment.
U.S.-India trade deal reduces solar tariffs
Tariff reductions under the new U.S.-India trade agreement lower import costs for solar modules and energy storage components. Reciprocal tariffs were effectively reduced from 50% to 18%.
Germany, France, Netherlands curtail 3.9 TWh of renewables in 2025
Analysis by energy advisory service Montel finds Germany, France and the Netherlands all saw record levels of renewables curtailment last year, with the build out of solar in each market contributing to midday generation peaks and consequential price cannibalization.
Chile installs 1.1 GW of PV in 2025
Chile installed 1.13 GW of solar capacity last year, raising total solar capacity to 11.63 GW, while over 4 GW of renewable projects are under construction, according to the National Energy Commission (CNE).
WTO finds US clean energy tax credits violate trade rules
The WTO ruled that U.S. clean energy tax credits under the Inflation Reduction Act violate international trade rules by giving domestic products preferential treatment over Chinese goods. The decision specifically targets the ITC and PTC Domestic Content Bonus Credits.
Spain deploys 1.13 GW of solar for self-consumption in 2025
Spain installed 1.14 GW of solar capacity for self-consumption in 2025, lifting cumulative capacity to 9.3 GW, as residential and commercial installations declined while industrial and off-grid segments showed greater resilience, according to data from the Spanish Photovoltaic Union.
