Wood Mackenzie’s latest report forecasts that 493 GW (DC) of solar will be added throughout the world this year, compared to 495 GW in 2024. Solar module prices are expected to rise this year as manufacturers aim to recover profit losses from the past two years.
Martin Schachinger, founder of pvXchange.com, said PV module prices will depend on national and international demand trends in the coming months, with outcomes ranging from increases to stagnation or further declines. Almost anything is possible, but nothing is certain.
Qcells has launched an intellectual property (IP) dispute over alleged unauthorized use of its patented laser-enhanced contact opening (LECO) tech in tunnel oxide passivated contact (TOPCon) solar cells. The case underscores rising tensions in the PV industry over TOPCon patents.
Blue Energy Motors has signed an agreement with the Government of Maharashtra to set up a manufacturing facility designed to produce 30,000 EV trucks annually. The facility will also house a battery pack line.
While oversupply remains a feature of the lithium-ion battery production landscape, large production volumes are accelerating innovation and enhancing energy storage competitiveness. S&P Global analysis reveals that balance is likely to return to the global market in the coming years as stationary energy storage and EV adoption continues to accelerate.
Scientists have measured the performance of PV modules under strong soiling conditions in Saudi Arabia and have identified the most suitable tilt angles for improving power generation. They have also found that a key role is played by rain intensity, dust, sandstorms, and cloud cover.
Solar Energy Corp. of India Ltd (SECI) has issued Letters of Award for incentives to set up electrolyzer manufacturing capacities under tranche II of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme.
Under the Uyghur Forced Labor Prevention Act (UFLPA), five businesses in China were added to an entity list, making them ineligible to provide products and services in the United States.
Solar energy will satisfy more than 50% of global energy demand within a decade according to a new modeling tool that also predicts solar costs will continue falling by 10% a year.
Mellow Energy claims its ML-Flex panel is currently the world’s largest flexible perovskite solar module. Available in five versions with power output ranging from 260 W to 300 W, the module measures 1,200 mm x 1,600 mm and weighs only 2.04 kg.
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