Chinese battery giant CATL surged 12.55% on its Hong Kong trading debut after raising HKD 35.6 billion ($4.6 billion), marking the world’s largest listing in 2025. The offering drew strong demand from strategic and cornerstone investors, boosting CATL’s market capitalization to HKD 1.34 trillion.

Tristan Erion-Lorico, VP sales and marketing at Kiwa PVEL, spoke with pv magazine Editor Marian Willuhn at Intersolar Europe 2025 about rising module failures in lab tests this year, citing glass breakage and UV degradation in tunnel oxide passivated contact (TOPCon) modules as key quality concerns.

China installed a record 60 GW of new PV capacity in the first quarter of 2025, driven by a surge in rooftop deployment ahead of updated grid-access rules, says Rystad Energy. It predicts that rooftop growth will continue, but new self-consumption mandates are reshaping regional development strategies and increasing project complexity.

Tunnel oxide passivated contact (TOPCon) modules continued to dominate the PV market at The smarter E Europe 2025, but pv magazine Magazine Director Mark Hutchins and CRU Group Senior Research Analyst Molly Morgan found emerging cell and module concepts gaining ground on the show floor.

pv magazine editor Matthew Lynas toured the startup corner at Intersolar Europe 2025, highlighting emerging businesses focused on flexibility, smart meters, software, and PV integrated with glass.

Germany’s Singulus Technologies will provide three of its physical vapor deposition (PVD) vacuum sputtering systems to Poland-based module manufacturer Roltec at a new plant that will produce copper, indium, gallium, and selenium (CIGS) cells on glass substrates.

A national procurement round for energy storage systems, planned in the second half of the year, is at risk of lengthy delay just as the grid operator is being forced to curtail large volumes of excess clean electricity.

The Swedish furniture giant began offering air-to-water heat pumps distributed by Svea Solar and manufactured by Sweden-based Aira.

Researchers from the Middle East have simulated a novel PV thermal module which includes a thermoelectric generator above the absorber layer, conical helical tape in the cooling tube and a ferrofluid. These technologies reportedly contributed to increased PV efficiency and thermal efficiency by 2.12% and 23.34%, respectively.

New research from the Netherlands has shown that product-service-system business models applied to the PV business encourage the use of high-quality PV products and maximizing system lifespan. Their alleged connection with circular economy principles, however, was found to be weak, with financial considerations being prioritized by customers.