Chinese PV Industry Brief: Daqo posts $345.2 million net loss for 2024
Daqo has recorded a $345.2 million net loss for 2024. The Chinese polysilicon manufacturer said revenue fell due to significantly lower average selling prices and a drop in sales volume.
Key takeaways from Smart Energy Week 2025 in Tokyo
Smart Energy Week 2025 in Tokyo highlighted Japan’s shifting energy priorities, with officials promoting perovskite solar at PV Expo and companies showcasing solid-state battery tech at Battery Japan.
Key takeaways from Sunrise Arabia 2025
A recent joint event by Solarabic and pv magazine in Riyadh highlighted Saudi Arabia’s rapid push for clean energy and localization, with new factories and large storage projects taking shape.
Orsted, PS Renewables seek approval for 740 MW UK solar-storage project
Developers apply for development consent order to build new utility-scale project in England. The solar project is a first for Orsted in the UK market and is one of four large-scale solar plants developed by PS Renewables in the United Kingdom.
Amea Power starts building 50 MW of solar in the Ivory Coast
Construction is underway on a 50 MW solar project in northeastern Ivory Coast. It is being implemented by a project company owned entirely by the UAE’s Amea Power.
GP Eco Solutions to set up 5 GW solar panel, 2 GW cell manufacturing facility in India
GP Eco Solutions India signed an agreement with the Indian state of Madhya Pradesh to build a 5 GW solar panel and 2 GW cell manufacturing facility.
‘Achieving a successful career does not require sacrificing a fulfilling personal life.’
This week, Women in Solar Europe (WiSEu) gives voice to Dounia Ziyati, Solar Engineer at EDF Renewables. She urges women to envision themselves thriving in leading roles. “Today, we witness women in uniforms operating heavy machinery on construction sites and bravely tackling risks head-on,” she states.
Eastern Europe sees solar gains as Western regions experience setbacks
In a new weekly update for pv magazine, Solcast, a DNV company, reports that February saw a stark contrast in solar conditions across Europe, with eastern regions benefiting from strong irradiance while western and southern areas faced setbacks due to storms and persistent cloud cover.
Brazil installed 269 MWh of energy storage in 2024
Consultancy Greener has estimated the state of Pará offers the most potential for battery rollout because of its high energy tariff. A report issued by the consultant also highlighted the big savings agribusiness could make by using batteries instead of diesel.
European electricity prices take downward turn
AleaSoft Energy Forecasting’s latest analysis found electricity prices fell across the major European markets last week due to a drop in gas allowances prices and electricity demand. Meanwhile, Germany, Italy and Portugal broke their solar production records for a day in February.
