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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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GameChange targets 30% of revenue from beyond solar trackers within three years
International CEO Vikas Bansal tells pv magazine the company established its transformer and combiner box manufacturing lines in response to customer demand, while setting out ambitions to be part of an electrons entire journey from when it leaves the PV module.
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.
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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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Paraguay launches first large-scale solar tender, marking historic shift in energy policy
Paraguay has launched its first large-scale solar photovoltaic tender under Law No. 7599/2025, marking a key step in diversifying its electricity mix beyond hydropower. The 140 MW project, supported by the World Bank, includes grid connection via a 220 kV substation and opens the door to long-term renewable PPAs and future hybrid solar-plus-storage developments.
Malaysia offers cash rebate for home solar
Households installing solar under Malaysia’s Solar Accelerated Transition Action Program will be able to apply for a cash rebate from June. The rebate is set at MYS 600 ($151.27)/kWac up to a maximum MYS 3,000. It is expected to support up to 50,000 homeowners.
Colombia awards 1,546.9 MW of solar capacity in firm energy auction for 2029–2030
The Firm Energy Obligations (OEF) auction held in Colombia awarded 4,069.7 MW of new capacity scheduled to enter the system starting in December 2029. Solar PV accounted for 1,546.9 MW across 29 awarded projects, with individual plant capacities of up to 200 MW among the main beneficiaries.
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Solar and battery hybrid projects prominent in latest Australian tender
The results of the latest tender under the federal government’s Capacity Investment Scheme have been released with 19 projects successful, aiming to provide a combined 7.8 GW of renewable generation capacity and 7.9 GWh of storage by the end of 2030.
Assessing Elon Musk’s massive 100 GW solar ambitions
Elon Musk said SpaceX and Tesla teams are working separately to build 100 GW a year of solar manufacturing capacity in the United States, a process that he expects will take about three years. pv magazine USA’s Ben Zientara assesses the likelihood of these plans coming to fruition.
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