Copper demand to rise 24% by 2035, says Wood Mackenzie
Demand for copper, often considered as one of the most valuable alternatives to silver in solar manufacturing, is expected to increase by almost a quarter globally by the middle of next decade. Wood Mackenzie says the energy transition is one of four ‘disruptors’ that could cause demand to increase further.
Engie, Masdar win 1.5 GW solar project in UAE
A consortium of France’s Engie and the UAE’s Masdar has been selected to develop the 1.5 GW Khazna solar PV project located near Abu Dhabi. The project is expected to reach financial close before the end of the year.
OCI Holdings acquires 65% stake in 2.7 GW Vietnamese solar wafer factory
South Korea’s OCI Holdings is entering the solar wafer business with a majority stake in a wafer plant in Vietnam valued at $120 million. The facility will produce solar wafers for the U.S. market.
IEA says cost of capital for solar remains high in Southeast Asia
The International Energy Agency (IEA) says the cost of capital for solar remains higher in Southeast Asian countries than it does in other emerging and developing economies.
IEA lowers 2025-30 forecast for global solar growth
The International Energy Agency (IEA) cut its 2025–30 renewables forecast by 5%, citing lower solar additions, though PV still represents nearly 80% of 4.6 TW expected growth.
IEA-PVPS warns soiling costs solar industry billions per year
The International Energy Agency’s Photovoltaic Power Systems Programme (IEA-PVPS) says dust, pollution, and debris on solar panels reduce output by 4% to 7% worldwide, costing the industry billions of euros annually and making tailored mitigation increasingly urgent.
NPC Incorporated, Gosan Tech partner on perovskite solar module manufacturing
The alliance aims to utilize Gosan’s advanced inkjet printing technology in the manufacturing of perovskite modules, mainly for the Japanese and US markets.
Brookfield, Solarvest partner on 1.5 GW of solar-plus-storage in Malaysia
The two parties have signed a joint investment framework agreement to develop, construct and operate 1.5 GW worth of solar-plus-storage projects in Malaysia over the next three to five years.
Global H2 investment tops $110 billion, says Hydrogen Council
Global hydrogen investment has topped $110 billion, up $35 billion from last year, with total committed capacity exceeding 6 million tons (metric tons) per year (mtpa), says the Hydrogen Council.
Nextracker acquires Origami Solar for $53 million
Nextracker has acquired US steel solar frame maker Origami Solar for $53 million, expanding into panel frame production to accelerate installations, support local supply chains and improve system durability.
