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Longi has issued a profit warning for 2024, forecasting a net loss of up to $1.11 billion – a sharp decline from last year’s profit of $1.42 billion.

Mercom Capital Group says inflation, high interest rates, trade disputes and policy ambiguity all contributed to a drop in corporate funding and merger and acquisition (M&A) activity in the solar sector last year.

German scientists have identified 18 typologies of power purchase agreements for the renewable energy market. Their research is intended to support policymakers, scientists and investors in implementing their own PPA analysis and choices.

A rise in electricity demand led to an increase in electricity prices across some European markets last week, while a drop in gas prices contributed to lower prices in others, according to AleaSoft Energy Forecasting’s latest analysis.

In a new weekly update for pv magazine, Solcast, a DNV company, reports that december brought striking contrasts in solar irradiance across Europe, with Northern Europe experiencing irradiance levels up to 30% below the already dim seasonal average, while regions south of Europe’s major mountain ranges saw irradiance up to 30% above typical levels.

This week, Women in Solar Europe (WiSEu) gives voice to Brigite Gonçalves, Head of Utility-Scale PV Business Developer at Portugal’s EnergyCon. She says Women in the solar industry face unique challenges, such as underrepresentation in decision-making roles and the persistence of unconscious biases. “To achieve equity, the solar sector must prioritize structural changes, including accessible mentoring and sponsorship programs tailored for women,” she states.

Wood Mackenzie says that a 30% increase in upstream spending will be needed to meet stronger oil and gas demand under a delayed energy transition. The research firm warns that this scenario could strain supply chains, inflate costs, and push Brent crude prices above $100/barrel by the 2030s.

The Middle East Solar Industry Association’s (MESIA) latest report says solar capacity in the Middle East and North Africa (MENA) region grew by 25% in 2024, with local manufacturing and energy storage also accelerating.

The new 51.2 kWh modular storage system connects to European wholesale electricity markets such as NordPool and uses artificial intelligence (AI) to track and analyze dynamic tariffs. It offers three-phase backup and is virtual power plant-ready.

The cause of the fire has not yet been determined, but an investigation will begin once the fire is extinguished.