The hunt for high efficiency – 06-2025

pvi June 2025 Cover
Table of content
Table of content
The hunt for high efficiency – 06-2025
2025
Close
pv magazine Global June 2025 TOC
Preview
Preview
The hunt for high efficiency – 06-2025
2025
Close
2025

The hunt for high efficiency

As the world’s solar industry convenes in Shanghai for another edition of SNEC PV Power Expo, pv magazine turns its attention to the event’s host nation. China remains by far the world’s leading PV market, and home to the latest innovations in PV cell and module manufacturing.

China’s solar manufacturers in 2025 operate in a market defined by low prices and fierce competition. Despite prices for PV modules remaining below the cost of production for many, there is a wealth of innovation to report on.

Leading PV manufacturers are eyeing the next step in PV technology, pushing single-junction cells close to their practical limits, and even looking beyond these at perovskite tandem devices and the promise of efficiencies well past the 30% mark.

Tunnel oxide passivated contact (TOPCon) cell technology is expected to account for around 80% of the PV module market this year. But its time at the top could be short lived, as innovation starts to bring down the production of high efficiency rivals such as back contact.

Alongside these technical developments, China is introducing energy market reforms expected to have a profound impact on solar, and driving an installation rush in the first half of 2025.

Though tariffs limiting access to the United States market are nothing new for solar manufacturers in China, the escalating trade war could have implications far across the renewable energy space, to the supply of critical materials used to make batteries, and the large PV manufacturing capacities built up in Southeast Asia, primarily to serve demand in the United States.

Other topics in this issue:

  • Spotlight on Southeast Asia: Among other countries in the region, Indonesia and Malaysia are emerging as bright spots on the solar map. pv magazine reports on the unique challenges and opportunities that developing solar in each of these countries presents.
  • Submerged storage: Immersion in a dielectric fluid is an effective cooling strategy for bigger, denser batteries on the market today, but it comes with its own set of complexities.
  • Module quality roundup: Recent concerns surrounding ultraviolet-induced degradation point to a need for updated testing procedures. And the combination of larger modules, thinner glass, and weaker frames is adding up to increased reports of glass breakage in the field.
  • The best Lead plans: Solar and battery factory equipment manufacturer Wuxi Lead Intelligent Co. Ltd. and its technology-forward approach to the crowded manufacturing marketplace.

Already a subscriber?
Login

Excerpt from the magazine

View article

The pv magazine Awards 2025

In a year that has posed challenges for the solar industry, the 2025 crop of pv magazine Award entrants presented our expert jurors with a vision of what the future might hold. From world-first technologies supporting grid stability to second-life solutions that bolster sustainability, along with activism in rapidly growing PV markets and innovations for emerging market segments, technical progress is driving the energy transition. The time has come to reveal the pv magazine Awards 2025 winners.
Matthew Lynas
Dec 05, 2025
View article

Mixed messages

Indonesia has the resources to quickly increase the share of renewables in its power mix, including abundant solar, geothermal and pumped storage potential to help stabilize the grid. The government has introduced policies to attract foreign investment, including through the Just Energy Transition Partnership (JETP), but it is still sending mixed signals about phasing out coal in favor of renewables, as Neil Ford reports.
pv magazine
Jun 11, 2025
View article

China’s new pricing policy

China announced new regulations this year that should result in a more market-oriented approach to renewables deployment. S&P Global Commodity Insights analysts Holly Hu and Anqi Shi say the new regulation No. 136 will play a crucial role in shaping China’s renewable energy sector, while introducing revenue uncertainties that will have a ripple effect on the global cleantech supply chain.
pv magazine
Jun 11, 2025
View article

Commercial battery opportunities in the UK playbook

Europe needs battery energy storage and the commercial and industrial (C&I) sector is poised to play a key role, writes James Allston, co-CEO and head of growth at feasibility modeling software provider Orkestra Energy. But to accelerate adoption at business sites, installation companies must clearly demonstrate the value of solar-plus-storage systems and focus on solving customer challenges.
pv magazine
Jun 11, 2025
Subscribe now for instant access to this issue and every published issue since 2016.
Subscribe
View article

The only constant

As JinkoSolar’s Dany Qian notes in this month’s Final Thought (p. 80), the previous 12 months have been among the most difficult faced by the solar manufacturing industry. There are few signs the oversupply that has driven PV component prices ever lower will change meaningfully before the year is out, and escalating import restrictions (pp. 18-21) only create further uncertainty.
Mark Hutchins
Jun 11, 2025
View article

On the road with pv magazine

Where we’ve been: NetZero Milan, Italy Italy’s PV sector is going through a complex period due to legal and regulatory issues, as well as economic developments and competition. The battery energy storage system (BESS) sector, meanwhile, is much more confident. These were the main messages that emerged from the two conference sessions hosted by pv […]
pv magazine
Jun 11, 2025
View article

Solar’s unsustainable underbelly

Low module prices, persistent overproduction, wasteful packaging, excessively long supply and transport pathways, and a lack of reuse and repair practices are all unsustainable characteristics of the solar industry that have become entrenched, writes Martin Schachinger of pvXchange.com.
pv magazine
Jun 11, 2025
View article

Perovskite rollout gathers pace

At The smarter E Europe exhibition in May 2025, perovskite-silicon tandem modules were on show for the first time at the booths of several large PV manufacturers. For the most part, these were prototypes not yet available for purchase. But the technology’s growing visibility at industry events in 2025 is a sign that perovskites have progressed beyond the small lab-made devices seen earlier this decade. The focus is now on developing materials, processes, and a supply chain ready for large-scale manufacturing and deployment.
Mark Hutchins
Jun 11, 2025
View article

Diversifying Europe’s battery business

Europe’s battery energy storage systems (BESS) market is growing. Kicking off this year’s pv magazine Focus session in Munich, Germany, Wood Mackenzie analyst Anna Darmani gave an overview of the market, explaining that 14 countries in the region now have energy storage targets. Panelists explored offtake agreements and financing for BESS, as well as some of the technical and financial considerations associated with co-location of PV and storage in Europe.
Blathnaid O’Dea
Jun 11, 2025
View article

Bringing back-contact to the foreground

Solar manufacturers are pursuing the next-generation crystalline silicon (c-Si) PV cell technology. Back-contact (xBC) technologies including TOPCon back-contact (TBC), HJT back-contact (HBC), and HJT TOPCon back-contact (HTBC) have emerged as leading candidates, attracting attention for their superior conversion efficiency and aesthetic module designs. InfoLink analysts Derek Zhao and Kyle Lin examine xBC’s market potential.
pv magazine
Jun 11, 2025
View article

Primed for expansion in Malaysia

State support is nothing new for solar in Malaysia, but following years of steady growth, things are ramping up. Following a big tender announcement and a slew of new support mechanisms, industry leaders and market analysts tell pv magazine how blending private sector investment with government backing can bring Malaysian PV to the next level.
Matthew Lynas
Jun 11, 2025
View article

Matching ambition with implementation

Portugal’s renewables sector is maturing fast. Curtailment is increasing, flexibility is scarce, and grid-connection queues are crowded. For many asset owners, the obvious answer – retrofitting with storage or wind – has long been obstructed by red tape. Recent legal updates are starting to change this situation and unblock Portugal’s slow permitting regime.
pv magazine
Jun 11, 2025
View article

Land ahoy

As a lawyer arranging land leases in the renewable energy sector, Mattan Lass noticed his clients had a very hard time acquiring land to develop solar on. The problem isn’t so much a lack of land availability, but the difficulty navigating land registries in various countries. Lass founded his company Solsign to tackle what he describes as “the disconnect between solar developers and the land.”
Blathnaid O’Dea
Jun 11, 2025
View article

Let it burn

Battery fires, while a rare occurrence given the number of lithium-ion batteries manufactured and deployed each year, are common enough to worry insurers and others in the industry. Following high-profile battery fires in 2024 and 2025, the industry is busy implementing solutions not only to reduce the risk of fire breaking out in the first place, but to contain and mitigate the risk of injury or damage should it happen. Conclusions from large-scale fire testing will be key.
Mark Hutchins
Jun 11, 2025
View article

pv magazine Awards: Modules

PV module technology stands at a crossroads in 2025, as reflected in highlights from the pv magazine Awards entries received so far. Tunnel oxide passivated contact (TOPCon) cells have rapidly taken over the mainstream, but manufacturers are already lining up their next move to higher performance, with back-contact and heterojunction products coming to the market in increasing numbers. At the same time, the crowded marketplace has suppliers searching for niches to fill, and modules designed for specific applications, such as repowering or vertical installations, are becoming more common. Award winners will be chosen by a panel of expert jurors and announced in December 2025. Until then, we’ll be highlighting some of the top entries received across all seven categories. This month, it’s modules that take their turn in the spotlight.
Mark Hutchins
Jun 11, 2025
View article

Non-stop solar innovation

It’s no secret that prices throughout the solar supply chain have been at rock bottom over the past 18 months. Alex Barrows and Molly Morgan of CRU Group explore how the market reached the imbalance that caused PV prices to crash, what this has meant for innovation, and how it might affect future technology transitions.
Mark Hutchins
Jun 11, 2025
View article

Pain in the glass

Solar modules are getting bigger, thinner, and more powerful. But from Texas to Thailand, the same problem is appearing: broken glass. These breakages are not caused by hail, dropped tools or obvious mishandling. Instead, cracks spider out from frame edges, splinter near clamps and web across modules. In cases seen by Jörg Althaus, director of engineering and quality assurance services at Clean Energy Associates (CEA), it starts with a few panels – then dozens, hundreds, even thousands.
pv magazine
Jun 11, 2025
View article

pv magazine test: April 2025 results

George Touloupas, vice president of ESG and new services at Clean Energy Associates (CEA), and Huatian Xu, CEA’s director of technology and quality, analyze the April 2025 results from the pv magazine test outdoor installation in Yinchuan, China.
Mark Hutchins
Jun 11, 2025
View article

Recovery discovery

Can you give some background on recent industry concerns around ultraviolet-induced degradation in PV modules? For around two and a half years, we have been involved in several projects where larger module buyers benchmark different module types against each other in terms of reliability. In this context, we realized that there was strong UV degradation […]
Mark Hutchins
Jun 11, 2025
View article

Immersed in thermal management

Effective thermal management is essential for the safety and performance of battery energy storage systems (BESS). Thermal runaway events can have catastrophic consequences and poor heat dissipation hurts BESS performance in the long run. While air- and liquid-cooling are the industry standard for tackling high temperatures, immersion has emerged as a novel approach.
Matthew Lynas
Jun 11, 2025
View article
Large machinery being unloaded.

Green economy dominance

Both the solar module and battery manufacturing industries have been dealing with excess production capacity in recent years, and each is undergoing its own set of market adjustments in 2025. This has meant challenging conditions for manufacturing equipment suppliers in either sector. But there is still plenty of opportunity to deploy the latest technologies at scale, and to assist suppliers moving into new regions. The long-term outlook for both sectors is strong, as pv magazine heard from Wang Yanqing, Chairman of solar and battery production equipment supplier Lead Intelligent, headquartered in Wuxi, China.
Mark Hutchins
Jun 11, 2025
View article

Surviving the squeeze

As US-China tariffs escalate, China’s solar industry finds itself at the center of a geopolitical storm that threatens not only its global market share, but also the world’s decarbonization goals. Vincent Shaw reports from Shanghai.
Vincent Shaw
Jun 11, 2025
View article

Scaling up in Saudi Arabia

Saudi Arabia made a raft of renewables commitments as part of its Vision 2030 plan, announced in 2016. Nearly a decade on, the country is developing local supply chains for renewables and energy storage components while deploying solar and storage projects at scale. Energy storage expert Marek Kubik discusses Saudi Arabia’s project and manufacturing progress.
Mark Hutchins
Jun 11, 2025
View article

Revised risks

The Invesco Solar ETF (TAN) underperformed the S&P 500 and Dow Jones Industrial Average (DJIA) in April 2025. Jesse Pichel of Roth Capital Partners attributes this to concern over proposals included in the US administration’s budget reconciliation bill that could be detrimental to the solar industry.
pv magazine
Jun 11, 2025
View article

Trade headwinds fragment PV prices

Tempestuous trade conditions and policy uncertainty have led to module price fragmentation in the United States. Ahead of an expected reduction in manufacturing capacity utilization, leading manufacturers in China produced a high volume of cells in the spring. OPIS editorial director Hanwei Wu explains the latest market developments.
pv magazine
Jun 11, 2025
View article

American solar uncertainty

The US solar sector is waiting for key decisions on new trade proposals that, if approved, could further pressure an industry already accustomed to import tariffs. The draft budget reconciliation bill making its way through the approvals process in the United States could have a dramatic impact on the solar sector. The problem is nobody knows what the full scale of this impact could be – not analysts, not industry representatives, and certainly not manufacturers.
Blathnaid O’Dea
Jun 11, 2025
View article

PV plugging the gaps in Nigeria

Nigeria, home to one of Africa’s largest manufacturing sectors, has a population of more than 200 million people and a thriving workforce. Daniel Maduagwu of Lagos based PV developer 3KM Energy Systems argues that significant challenges that have affected Nigerian industries could be solved with off-grid solar.
Mark Hutchins
Jun 11, 2025

Check out our range of subscriptions

pv magazine Global

Digital Subscription

  • 12 monthly issues for only € 89 (incl. VAT)
  • Online access to our digital archive and other services
  • Immediate access to the latest issue
  • Special rate for students if applicable 
(€ 59 incl. VAT/year)
€ 89,00 $ 99.00
/ year
What’s included
  • 12 monthly issues for only € 89 (incl. VAT)
  • Online access to our digital archive and other services
  • Immediate access to the latest issue
  • Special rate for students if applicable 
(€ 59 incl. VAT/year)
pv magazine Global

Digital & Print Subscription

  • 12 issues for the special rate of € 199 incl.
  • VAT
Free worldwide delivery
  • Online access to the pv magazine global archives 
and reader services
  • Automatic extension of your annual subscription
€ 199,00 $ 220.66
/ year
What’s included
  • 12 issues for the special rate of € 199 incl.
  • VAT
Free worldwide delivery
  • Online access to the pv magazine global archives 
and reader services
  • Automatic extension of your annual subscription