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Chinese polysilicon producers weigh price floor, output cuts amid oversupply
Eight leading Chinese polysilicon producers reportedly discussed a minimum price of CNY 43,000 ($6,324) per metric ton and further output cuts at a closed-door meeting in Hangzhou. The proposals come amid persistent oversupply, weak demand and regulatory scrutiny of industry coordination.
Oct 16, 2026
China’s first 100 MW/1,000 MWh compressed CO2 storage plant connects to grid
China Huadian has achieved the first grid connection of its 100 MW/1,000 MWh compressed CO₂ energy storage plant in Xinjiang, marking a major milestone in long-duration energy storage. The facility offers 10 hours of storage and is expected to generate 200 GWh annually, supporting renewable energy integration and reducing carbon emissions.
Germany deploys 12.76 GW of solar in first nine months of 2026
Germany installed 1.23 GW of solar capacity in September, down from 1.64 GW in August, as utility-scale additions hit their lowest level of 2026 and rooftop demand remained weak. Despite the slowdown, installations in the first nine months of 2026 reached 12.76 GW, slightly above the same period last year.
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India’s solar industry faces workforce readiness gap
A Mercom India study has found that solar industry employers across project development, manufacturing, rooftop solar, and engineering, procurement, and construction (EPC) often need to spend months training fresh graduates before they are ready to contribute effectively.
Brazil’s presidential election: Lula and Bolsonaro’s proposals for solar energy
Brazil’s presidential election will be decided in Sunday’s runoff, with Luiz Inácio Lula da Silva and Flávio Bolsonaro outlining competing energy policies. Both candidates propose expanding renewable energy and storage capacity while reducing electricity costs.
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Mexico reports 6.86 GW of solar PV projects in development pipeline
Mexico’s Energy Ministry has identified 42 solar projects totaling 6.86 GW and 13 wind projects totaling 4.03 GW in its renewable energy development pipeline. Another 4.45 GW of solar capacity is awaiting allocation, with the government aiming to complete the process by the end of 2026.
Oswal Pumps to set up 1.2 GW TOPCon solar cell factory in India
Oswal Pumps plans to invest $48 million in a TOPCon solar cell manufacturing facility in Karnal, in the Indian state of Haryana. Commercial production is expected to begin by April 2028, with the entire output earmarked for captive solar module manufacturing.
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