Market News

Eurostat
Solar grew the fastest, while wind and hydropower continued to provide most renewable electricity across the EU, says Eurostat
Brazil
Renewable energy continued to dominate Brazil’s power mix as new capacity came online, says ANEEL
China 1st city-level source-grid-load-storage demonstration zone launches smart energy management platform
RelyEZ files for Hong Kong IPO; EGING PV shuts cell lines, module utilization drops to 35%; Yunnan targets 70% PV manufacturing capacity utilization by 2027.
JMK
Strong utility-scale and rooftop growth lifted India’s solar market to a new annual record, according to JMK Research & Analytics
Solar PV manufacturing
Inox Clean Energy raises INR 31 billion; ENGIE wins its maiden large-scale hybrid project in India; Hartek Power wins INR 3.54 billion EPC order; AGEL enters PSA for 20.8 MW with Asahi India Glass.
Polysilicon
The tariffs will stay in force for another 5 years, starting from January 14, 2026, says MOFCOM
Ideal Energy delivers first HJT cells for space-oriented applications
JA Solar forecasts wider 2025 losses; Lifecome exits PV film business; China enforces BIPV end-of-life standard 2026; Hebei launches green power direct supply pilots, 1.62 GW PV.
Solar and hydro
EDP has energized the 89 MW Pracana Complex, combining a 48 MW solar plant with a 41 MW hydropower dam
Solar Project
Aspen Power secures $200 million; $40 million for Renewable Properties; Canadian Solar prices $200 million convertible notes; Crayhill Capital & Monarch enter JV for RE investments; Otovo acquires Sol ...
Singapore
Annual additions of 300–400 MW could push solar capacity beyond national targets by 2030, according to GlobalData
Europe
Joint Research Centre analysis shows that 271 million EU buildings, if fully utilized, could deliver massive clean energy and support climate goals
LONGi gets SSI Gold Medal
MIIT updates green factory standard, boosts renewable weighting; Perovs mass-produced perovskite modules hit 20.87% efficiency; Guangdong halts new utility-scale ground PV outside existing pipeline.
TERI
Domestic production of modules, cells, wafers, and polysilicon needs strong upstream integration, equipment support, a skilled workforce, and targeted policies, stresses TERI in a new report
Nextpower
Nextpower Arabia is building a factory in Jeddah to supply solar trackers and energy technology across Saudi Arabia and the wider MENA region
Egypt
Scatec to build ‘largest’ solar and BESS installation in Africa, while Sungrow to establish 10 GWh BESS production facility in Egypt
Balcony Solar
Illinois and California have introduced new laws to grow clean energy, lower power costs, and improve grid reliability
Trina Storage signs standalone energy storage project in Hebei
China’s PV & wind utilization rates fall; NEA mandates 1 green certificate per 1,000 kWh; Mellow Energy flexible perovskite reaches 21.13%; MIIT promotes AI carbon management for PV, batteries.
Solar
Beijing will remove VAT export rebates for solar PV products and further reduce rebates for batteries
Polysilicon
China’s antitrust regulator has raised concerns over efforts by major polysilicon producers to control prices and output to manage overcapacity
US Flag
Wood Mackenzie and CohnReznick see the impact of trade actions, tax changes, and tighter sourcing on US solar and storage projects, but highlight ‘strong structural’ factors boosting their potential
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