Driven by innovations in perovskite and quantum dots, the next-generation solar cells market, valued at USD 4.21 billion in 2024, is expected to grow rapidly at a rate of 21.21%, reaching USD 19.62 billion by 2032.
GreenYellow and Sasol Italy announce the start of construction of a 5.1 MWp photovoltaic solar plant in Terranova Dei Passerini. This project aims to strengthen Sasol’s energy independence in Italy while contributing to the industrial energy transition.
Seven-Eleven Japan signs a power purchase agreement (PPA) with Chugoku Electric Power to acquire 22.3 GWh annually from solar and hydro projects, marking a new chapter for the retailer in renewable energy procurement.
OneD Battery Sciences and Shanghai Putailai New Energy Technology announce a development agreement to design and scale production of silicon-carbon anodes for lithium-ion batteries.
China's decision to cancel the 13% VAT rebate on photovoltaic module exports triggers a sharp price adjustment and reshapes a market under pressure for the past two years.
Zimplats starts phase 2A of its solar project in Zimbabwe, with a $54 million investment to add 45 MW to its capacity, bringing its total to 80 MW to power its mining sites.
Foulath Holding partners with Yellow Door Energy to develop a 123 MWc industrial solar power project in Bahrain, setting a global record in size and capacity for a single site.
GCL Energy Technology strengthens its presence in Southeast Asia by partnering with PLN Indonesia Power to develop two 100 MW solar plants, both ground-mounted and floating, as part of the government’s Hijaunesia program.
Energy group REDEN has commissioned a 3-hectare agrivoltaic greenhouse in Montaut, Ariège, combining specialised agricultural production and electricity generation on a single family-run site.
The Japanese railway group will purchase solar electricity produced by Kyocera EPA via a third-party PPA structured by Kansai Electric Power, marking its first involvement in such agreements.
Takeei Energy & Park begins operating its first asset under the feed-in-premium scheme, marking a milestone in the group’s investment strategy in the renewable energy sector.
An unprecedented partnership with the Canada Infrastructure Bank enables George Gordon First Nation to fully own a solar plant powering a potash mine in Saskatchewan.
Zelestra has closed a $60mn tax equity deal with Stonehenge Capital to support its 81 MW solar project in Indiana, set to become operational in Q4 2025.
JA Solar has signed a strategic agreement with Australia's 5B to supply over 100 MW of photovoltaic modules for a large-scale solar project in Western Australia.
energyRe secured $370mn in financing from several international banks to support the construction of a solar portfolio set to supply electricity to approximately 36,000 households.
Enfinity Global has signed a ten-year agreement with VW Kraftwerk GmbH for the annual supply of 40 GWh of Guarantees of Origin from its photovoltaic power plants in Italy.
We Recycle Solar and Nations Roof launch a joint offer to manage rooftop solar panel recycling and upgrade energy infrastructure on commercial buildings across the US.
The Foster Clean Power project in Humboldt County combines 9.4 MW of solar capacity and 10 MWh of battery storage under a power purchase agreement with Redwood Coast Energy Authority.
The global floating solar panel market could triple by 2030, supported by energy demand and favourable regulations, according to the latest double-digit annual growth forecasts.
SMFL Mirai Partners commits to purchasing fifty low-voltage solar plants from GreenEnergy Plus, targeting 50MW installed capacity by fiscal 2030 to strengthen its supply strategy for private power purchase agreements.
Recurrent Energy, a subsidiary of Canadian Solar, secured $825mn to develop a 150 MWac solar plant and a 600 MWh storage site in Maricopa County, in partnership with Arizona Public Service.
Canadian firm Stardust Solar grants its first African franchise to Megatricity Energy in Zambia, launching a new phase of expansion into emerging solar energy markets.
French energy company elmy finalises a €3.5mn bank loan with Caisse d’Epargne Rhône Alpes to fund 13 new photovoltaic plants with a combined capacity of 3.6 MWp.
Ampyr Solar Europe has connected a 45MWp solar cluster to the grid, made up of three sites spanning 40 hectares in Germany, supplying electricity to 13,000 households.
The independent commission approved development of the Glorit solar project, with a capacity of 147 megawatts (MW), north of Auckland, following a detailed assessment of environmental, land-use, and economic impacts.
i Grid Solutions and CPower have partnered to accelerate the deployment of solar plants through on-site power purchase agreements, targeting 30MW of installed capacity by 2028.
PowerBank has signed a lease for a 1.76 MW ground-mounted solar project in upstate New York, aiming to power around 200 homes through a community-based programme.
AXIAN Energy has acquired a majority stake in the Bangweulu solar plant in Zambia, strengthening its pan-African solar strategy while entering a rapidly growing energy market.
Sun Trinity has commissioned a 3.1 MW solar carport in Nara, bringing its on-site PPA capacity with Aeon Mall to 10.1 MW under a nationwide rollout plan across twelve commercial sites.
Aurora Renewables will develop an intelligent microgrid combining solar, batteries and digital simulation technology to enhance power supply in northern Saskatchewan.
Norwegian firm Scatec expands its presence in West Africa with two solar projects totalling 64 MW and a 10 MWh storage system, under lease agreements signed in Liberia and Sierra Leone.
The New South Wales Government has approved Ark Energy’s hybrid solar and battery project in Richmond Valley, combining a solar power plant and long-duration storage.
Nextracker will supply steel frames for solar modules to T1 Energy in a multi-year deal worth over $75mn, aiming to strengthen the local solar supply chain and reduce dependence on imported aluminium.
Geronimo Power has started construction on the Bee Hollow solar park in St. Clair County, a 150 MW project expected to generate $54mn in direct economic impact for the region.
EDF has inaugurated a 1.2 MWc solar power plant and an intelligent electrical grid in Maripasoula, French Guiana, strengthening the energy autonomy of this remote community previously reliant on fuel imports.
EDP has commissioned a solar power plant in Salerno integrating livestock farming, with a capacity of 10 MWc and an annual output of 17 GWh, marking the launch of a hybrid model to be replicated in France and Germany.
Aura Power has finalised financing for its fourth UK solar plant in twelve months, backed by Rabobank, bringing its under-construction capacity to 242 MWp across the country.
