Business

Business

Solar and storage project
EIB Backs Solar & Storage Projects In Italy & Ireland
Financing from the EIB will support distributed solar and battery storage in Italy and a large solar PV portfolio in Ireland as part of the European Commission’s clean energy investment push
India's solar PV manufacturing capacity
India’s Solar Module Capacity Reached 210 GW In 2025
India added 119 GW of module capacity and 9 GW of cell capacity in 2025, driven by project demand and policy support, says Mercom
Solar and storage project
Google Plans Michigan Data Center With 2.7 GW Clean Power
This capacity will combine solar power, advanced storage and demand flexibility to add clean, round-the-clock energy to the grid
GlobalData
Global Renewable Energy Installed Capacity To Reach 8.4 TW By 2031
Solar PV and wind will continue to dominate expansion as falling costs, rising electricity demand and corporate clean-energy procurement drive growth, says GlobalData
Flexible solar
TNO Spin-Off Perovion Technologies To Industrialize Perovskite Solar Films
Perovion to build the world’s ‘1st’ roll-to-roll factory for perovskite solar films in the Netherlands
Solar Panels
Swift Solar Acquires Meyer Burger’s IP Portfolio & HJT Equipment
This acquisition gives Swift Solar access to Meyer Burger’s HJT technology for planned US GW-scale solar manufacturing
Midsummer's DUO series vacuum deposition tool.
Midsummer Gets Order For CIGS Cell Deposition Tool
The Swedish tool maker will supply its 5 MW vacuum-based deposition tool, excluding the backend line, to a domestic thin film cell maker
Solar Manufacturing
Tongwei Sets Share Price For Qinghai Lihao Clean Energy Acquisition
Chinese polysilicon giant announces share and cash deal to acquire rival company
Solar Array
Foresight Group Enters New Zealand RE Market With NZCE Acquisition
Foresight commits an over AUD 500 million initial investment via ARIF to build nearly 300 MW of solar and storage projects in New Zealand
ACEN
ACEN’s FY2025 Net Income Plummets Despite Higher RE Output
ACEN pegs lower spot prices, weaker solar irradiance, and temporary wind outages for 60% YoY decline in profits
Hail
Beazley To Acquire Renewable Energy Underwriter kWh Analytics
The UK specialty insurer aims to strengthen its transition underwriting capabilities and expand risk coverage for renewable energy projects
Solar Module Manufacturing
Sahaj Solar Plans 750 MW Solar Module Manufacturing Plant In UAE
Indian EPC and module supplier shifts focus from a planned India facility, citing global pricing and economic advantages
FTC
FTC Solar Reports Strong Q4 2025 Revenue Growth, But Losses Widen
US solar tracker manufacturer posts $32.9 million quarterly revenue and one of its highest gross margins; adds 9 GW in MSAs
SMA Solar
SMA Solar Meets 2025 Sales Guidance With €1.52 Billion
Order backlog remains steady as restructuring and cost-saving efforts continue
Solar cell shipments
World’s Top 5 Solar Cell Suppliers Shipped 195 GW In 2025
TOPCon dominated global solar cell shipments last year as larger cell formats gain ground amid volatile pricing: InfoLink Consulting
AES
Consortium To Acquire The AES Corporation For $33.4 Billion
BlackRock & EQT-led consortium offers 40% premium as AES seeks capital to fund US growth plans
Solar Modules
Top 4 Module Makers Control 58% Of 536 GW Global Shipments In 2025
JinkoSolar & LONGi lead 2025 global solar module shipments by listed suppliers
Sunrun
Sunrun Reports 45% Revenue Growth In FY2025 To $2.96 Billion
Strong Q4 performance and rapid growth in storage and product sales offset declines in installed solar and storage capacity
Array
Array Technologies’ FY2025 Revenue Jumps 40% Despite Q4 Decline
Annual sales hit $1.28 billion and orderbook reaches record $2.2 billion; company guides higher revenue for 2026
Daqo New Energy
Daqo New Energy Swings To Positive EBITDA In 2025; Net Loss Declines
Higher utilization rates, positive cash flow, and cost cuts support turnaround despite lower revenues and ASPs, says the management
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