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Chinese PV Industry Brief: Canadian Solar profit drops 92% in Q1

Canadian Solar says its net profit plunged nearly 92% in the first quarter of 2025 on falling margins, while China Energy Engineering Corp. (CEEC) says the Shanghai Stock Exchange has approved its targeted A-share issuance to raise up to CNY 15 billion (USD 2.09 billion) for energy projects.

India plans 50 MW floating solar plant at nuclear site

Nuclear Power Corp. of India Ltd. (NPCIL) has approached Ciel & Terre to install a floating solar plant on a sea water dyke at the Kudankulam Nuclear Power Plant in Tamil Nadu, India.

‘Cybersecurity is a real problem, but the Reuters report should be taken with a grain of salt”

pv magazine spoke with Garikoitz Sarriegi, senior project manager at Kiwa PI Berlin Ibérica, about the Reuters report published on Wednesday that devices susceptible to spying and sabotage had been found in inverters and batteries from China.

Global PV dataset shows 2019-2022 data

Using Google Earth imagery and 2019-2022 Sentinel-2 datasets, Chinese scientists have developed a two-stage classification framework to obtain the annual global dataset of solar photovoltaic panels at 20-meter resolution from 2019 to 2022.

Bali launches rooftop solar acceleration program

The Indonesian province of Bali plans to scale up rooftop solar installations across government buildings, public facilities, and businesses to reduce dependence on fossil-based electricity.

Qcells tandem solar module passes critical stress tests

Qcells says its perovskite/silicon tandem solar modules have passed several independently verified stress tests. The South Korean module maker claims the results meet benchmarks for commercial acceptance of its tandem tech.

Honduras to launch 1.5 GW tender, including 975 MW of renewable energy with storage

The National Electric Energy Company has submitted rules for the international public bidding process for the purchase of 1.5 GW of capacity and energy. The tender will consist of 65% renewable energy with storage and 35% non-renewable energy. The bidding process has also been presented to a forum of Chinese investors.

New hybrid inverters for residential solar in India

India’s POM Systems & Services has developed new hybrid inverters with power ratings of 3 kW, 5 kW and 10 kW for residential solar applications.

How to assess bifacial PV system performance on sloped terrains

Scientists have developed a precursor formulation for different PV simulation tools that can help calculate the expected performance of solar farms deployed on hilly slopes. Validation tests against an experimental setup showed an error of less than 3%.

Chinese PV Industry Brief: New solar capacity hits 59.7 GW in Q1

China’s wind and solar capacity rose to 1,482 GW in the first quarter of 2025, overtaking coal for the first time, driven by 59.7 GW of new PV additions, according to the National Energy Administration (NEA).