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Highlights

Germany allocates 2.15 GW in latest PV tender, final average price for first time under €0.05/kWh since 2019

Germany’s latest auction for utility-scale solar concluded with prices ranging from €0.0388 ($0.0400)/kWh to €0.0495/kWh. The procurement exercise was significantly oversubscribed.

Sinovoltaics updates PV module manufacturer financial stability ranking

The latest ranking based on Altmann-Z scores sees India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy retain the top three spots. But further below in the ranking, analysts see more firms with lower scores compared to the last quarter.

Gautam Solar’s Bhiwani factory close to achieving 3.2 GW capacity in March 

Gautam Solar plans to achieve a total solar module manufacturing capacity of 5 GW by year end. 

 

Juniper Green raises $1 billion in debt financing to expand its clean energy portfolio

Juniper Green Energy has secured $1 billion in phased debt financing to support the development of wind-solar hybrid and firm & dispatchable renewable energy (FDRE) projects.

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Waaree commissions first phase of 5.4 GW solar cell factory

Waaree Energies has started commercial production from the first 1.4 GW out of the planned 5.4 GW solar cell manufacturing capacity in Chikhli, Gujarat.

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South Australia leads international rooftop solar cost rankings

A new study of residential solar installation costs reveals South Australia has the lowest costs nationally while even Australia’s most expensive states are about three times cheaper than those in the United States and Canada.

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China exports 235.9 GW of solar panels in 2024

China exported 235.93 GW of PV panels in 2024, a 13% increase over the previous year. Of this, 94.4 GW were shipped to Europe, down 7% from 2023.

China polysilicon price rebound nears its limit

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

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India hits 100 GW of installed solar power capacity

India’s total installed solar capacity stood at 100.33 GW as of Jan. 31, 2025, with 84.10 GW under implementation and an additional 47.49 GW under tendering.

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Gensol Engineering wins 245 MW solar project at Khavda RE Power Park

Gensol Engineering has won the contract for engineering, procurement, construction and three years of operation and maintenance services of a 245 MW solar PV project at Khavda RE Power Park in Gujarat.

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