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Oil in turmoil, solar stays stable
Soaring energy costs have grabbed headlines around the world the past two months, but prices across the solar supply chain are marching to their own beat, writes Hanwei Wu of OPIS. Oversupply in Asia continues to distort markets, with either sharp price falls or tepid price gains.
May 25, 2026
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Pakistan targets solar sector with higher sales tax on modules, increased duties on batteries and inverters
Solar industry campaigns against tax on panels and inverters ahead of proposed hike in budget. Calls for abolition of customs duties on batteries and inverters. The PSA has warned more action is needed to support battery energy storage system (BESS) deployment in a market where solar’s share of the energy mix has grown rapidly.
Study finds ‘significant’ agrivoltaic potential in Austria
A techno-economic study in Austria evaluates agrivoltaic systems using a spatial simulation framework that jointly models solar power generation and crop production under current and future climate conditions. Results show ground-mounted PV delivers the highest electricity output and profits, while agrivoltaics reduce agricultural losses but offer only modest climate adaptation benefits compared to PV-only systems.
Drax signs 10-year PPA with Global Switch, attempts $755m Bluefield Solar purchase
Drax Energy Solutions sleeves corporate power purchase agreement (cPPA) for data center developer in long-term deal expected to cover 30% of company’s total energy use. It is the second cPPA deal between Global Switch and Drax.
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Pakistan targets solar sector with higher sales tax on modules, increased duties on batteries and inverters
Solar industry campaigns against tax on panels and inverters ahead of proposed hike in budget. Calls for abolition of customs duties on batteries and inverters. The PSA has warned more action is needed to support battery energy storage system (BESS) deployment in a market where solar’s share of the energy mix has grown rapidly.
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Study finds ‘significant’ agrivoltaic potential in Austria
A techno-economic study in Austria evaluates agrivoltaic systems using a spatial simulation framework that jointly models solar power generation and crop production under current and future climate conditions. Results show ground-mounted PV delivers the highest electricity output and profits, while agrivoltaics reduce agricultural losses but offer only modest climate adaptation benefits compared to PV-only systems.
Drax signs 10-year PPA with Global Switch, attempts $755m Bluefield Solar purchase
Drax Energy Solutions sleeves corporate power purchase agreement (cPPA) for data center developer in long-term deal expected to cover 30% of company’s total energy use. It is the second cPPA deal between Global Switch and Drax.
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French startup offers concrete solar carport for heavy weight vehicles
Visionpark is developing a concrete-structure photovoltaic canopy for heavy-duty vehicle parking areas, logistics hubs, and highway rest stops. In addition to generating electricity, the installation is designed to maintain refrigerated trucks at the required temperature and provide power while vehicles are stationary.
EBRD sees Egypt’s hybrid solar-storage model spreading across MENA
Falling battery costs and energy security pressure from regional conflict are driving a wave of sovereign-backed hybrid solar-plus-storage financings across the Middle East and North Africa (MENA), with the European Bank for Reconstruction and Development (EBRD) deploying a contractual template forged in Egypt across a growing pipeline of deals.
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