Market News

Chinese PV companies and media sign ‘anti-involution’ declaration
Shanghai posts highest mechanism tariff at RMB 0.4155/kWh; SolarSpace to upgrade 8 GW PERC lines to TOPCon; Trina Storage wins 2025 French Design Award for Elementa 3 cabin.
SJREC
IFC partners with Johor state entities to advance a massive solar-plus-storage corridor in Johor
Solar PV manufacturing
Jakson Group launches phase I of 6 GW factory; MNRE updates ALMM List-II capacity to over 18 GW; Air Liquide’s 1st RE PPA in India, with AMPIN; 6 companies win 1 GW RTC power supply tender for Indian ...
Vikram Solar
Indian manufacturer brings online advanced TOPCon factory, ‘engineered for HJT upgrades’
China
China’s solar installations rebound strongly in October with a 30% MoM increase
China’s Jan-Oct 2025 silicon wafer export volumes rise, but value declines
Sineng Electric’s fundraising approved; LONGi subsidiary to develop independent energy storage project; Beijing sets RMB 0.3598/kWh cap for RE mechanism tariffs auction.
Morocco
Morocco’s 1st green polysilicon plant to boost the country’s industrial value chains in solar PV manufacturing
Aslan
Gold producer plans RE hub in Australia; Solarvest lands 99.99 MW AC floating PV project; Genesis Energy achieves FID for New Zealand project; Levanta lands financing for Vietnam project; FRV Australi ...
JinkoSolar Sets New TOPCon Cell Efficiency World Record
Anhui’s 1st mechanism electricity price auction undersubscribed; Heilongjiang completes 1st mechanism electricity price auction; China’s 1st integrated PV noise barrier project breaks ground.
Distributed Solar
The new decree is aimed at streamlining permitting and strengthening grid resilience after the April 2025 blackout
First Solar
The new Iberia Parish factory boosts First Solar’s US manufacturing expansion, supported by new policies and local sourcing
Foldable Solar roof
dhp Technology installs 3.6 MW foldable solar roof at ARA Thunersee wastewater plant
Tongwei WWF Arctic conservation and renewable energy development Program
SYP invests in TCO glass upgrades for thin-film PV; Chongqing mandates high PV coverage on new buildings; Sichuan’s 600 MW module tender averages ~RMB 0.748/W.
JMK
MNRE to review unsigned RE LOAs as PSA execution slows, but rules out blanket cancellations
Solar Project
Avantus solar & storage project signs PPAs with SCE; rPlus acquires 900 MW from Qcells & Mission Clean Energy; TotalEnergies & Google sign solar PPA; MARS Energy acquires Nelnet Renewable Energy.
Australia
The market grew by 5.3 GW in 2024, according to the IEA PVPS, as rooftop and utility-scale solar continued to expand amid evolving policy and grid challenges
Turkey Energy Minister
Energy Ministry receives strong response across 6 projects, including the country’s maiden floating solar plant
RenShine Solar announces 2 new perovskite world records
Shanxi mechanism-tariff auction includes over 4 billion kWh of solar; 100 MW high-altitude CSP tower tops out in Tibet; CHN Energy cancels 600 MW green hydrogen-ammonia project over weak economics.
Solar Project
ib vogt closes Romania solar deal; TSE, STMicroelectronics sign 15-year PPA; JUWI sells 156 MW portfolio; EDP and Decathlon sign RE PPA in Portugal; M&S launches RE:Spark program; Plenitude acquires N ...
Avaada REI 2025
Avaada Group Chairman Vineet Mittal details the company’s vertical integration strategy, as it expands manufacturing and secures supply chains to meet India’s growing renewable energy demand.
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