Market News

China’s largest high-altitude PV project online
AIKO BC modules gain TÜV SÜD explosion-proof certification; China to tighten PV IP protection by 2027; Jolywood wins 208 MW n-type module supply contract; DintoSolar delivers 200 MW of HJT modules.
Solar Manufacturing
India’s annual solar PV module manufacturing capacity under ALMM List-I has reached about 144 GW, as solar installations and pipeline expand rapidly
Floating Solar Project
ACEN announces 100% renewable energy milestone; Solarvest-led consortium enters 21-year PPA for Malaysian solar project; Planning approval for European Energy’s 1.1 GW Australia project.
JinkoSolar BSI certifications
World’s largest offshore PV project goes online; China grid to support 900 GW distributed renewables by 2030; Shandong approves 345 MW green power direct supply; China Huaneng tenders 10 GW inverters.
Fraunhofer ISE
Germany’s cumulative solar PV capacity reached about 107 GW AC by the end of 2025, says Fraunhofer ISE
China
With nearly 275 GW of new solar PV capacity added in 11M 2025, China looks all set to surpass record installations of 2024, despite a mid-year slowdown
S.C New Energy delivers 1st flexible perovskite production line
JA Solar multi-cut modules pass TÜV SÜD explosion-proof test; Drinda invests in satellite perovskite cells; Golden Solar completes restructuring; Beijing mechanism price auction fills only 20% quota.
Renewables
ArcelorMittal expands India RE portfolio; Pahal Solar, RenewSys Sign 500 MW deal; MNRE revises solar module test guidelines.
Turkey
Installed solar capacity reached 24.67 GW by the end of November 2025, surpassing natural gas, as renewables accounted for 62% of Türkiye’s total power capacity
Solar Plant
METI’s 5-year scheme starting FY2026 will back carbon-free power use, including perovskite solar, even as the ruling LDP moves to scale back support for large solar plants
Encapsulant
New in-house encapsulant facility strengthens Saatvik Green Energy’s vertical integration
BOE announces 4 records in perovskite efficiency
Tianyang New Materials fully exits PV encapsulation film business; China module exports up 11% YoY in 10M 2025; Shandong to launch new mechanism-based price auction.
METLEN
Mexico advances 2.5 GW solar PV projects; Germany’s PNE exits Panama market; 19.9 MW solar park online in Colombia; NAIAD Renovables’ 80.3 MW solar project in Guatemala.
Solar wind
Avantus raises $300 million for solar and storage project; CleanCapital completes $185 million private placement debt issuance; Altus Power acquires 234 MW portfolio; Pivot Energy raises $225 million. ...
Tongwei manufacturing bases get TÜV Rheinland water footprint verification
Risen Energy signs 100 MWh ESS deals; Hainan mandates 50% rooftop PV in zero-carbon parks; Jilin solar auction undersubscribed; Henan sets RMB 0.121-0.349/kWh solar bids.
Solar Array
SPEED Act aims to speed approvals under NEPA but faces criticism for favoring fossil fuels over clean energy
WTO
Beijing requests WTO consultations, alleging violation of global trade rules by India
Awendio Solaris
UK-based company will invest CAD 1 billion for solar cell and module facility and global R&D center in Montréal-Est
Monthly solar PV additions in Germany remain below what is needed to meet the 2030 target. (Photo Credit: Bundesnetzagentur)
Ground-mounted installations led monthly growth, while rooftop and balcony solar additions continued to decline, according to Bundesnetzagentur’s Market Master Data Register
Midea Group establishes New Energy Business Division
RenShine Solar sets record 4-terminal tandem module efficiency; State Grid commissions ±800 kV UHVDC line; Xinjiang solar bidding hits RMB 0.15 record low; Shanxi sets higher first-round RE prices.
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