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Markets & Policy

US IRS, DOE Announce Winners of Second Round of 48C Tax Credits Totaling $6 Billion

The Internal Revenue Service (IRS) and the Department of Energy (DOE) in the United States have unveiled the allocation of the second round of...

India Adds 24.5GW of Solar PV Capacity in 2024

According to data from JMK Research and Analytics, an Indian market research and consulting firm, India's newly installed solar PV capacity in 2024 reached...

Ukraine Aims to Boost PV Installed Capacity to 12.2GW by 2030

Despite the ongoing war, Ukraine has achieved significant growth in its photovoltaic (PV) market in 2024. According to a report by the Ukrainian Solar...

JA Solar Plans 6GW Cell and 3GW Solar Module Project in Oman

On January 10th, JA Solar announced its continued expansion of overseas production capacity. Currently, apart from trade barriers in the United States, other regions have...

U.S. Treasury Releases Final Rules on IRA Technology-Neutral Tax Credits

On the eve of Donald Trump's swearing-in as the 47th President of the United States, the Joe Biden administration has issued final rules regarding...

India to Launch 1.2GW TOPCon Solar Cell and Module Factory

Recently, GroupSurya, a solar PV company headquartered in Odisha, India, announced plans to build a 1.2GW solar cell and module manufacturing factory in Sasaram,...

SolarEdge to Lay Off 400 Employees Amid Industry Downturn

U.S. photovoltaic inverter manufacturer SolarEdge announced on Monday that it will lay off 400 employees globally in response to the sluggishness of the entire...

Germany’s Total Solar Power Installed Capacity Surpasses 100 GW by End of 2024

The German Federal Solar Industry Association released a bulletin on January 6, 2025, stating that by the end of 2024, Germany's total installed solar...

Negative Electricity Prices Surge in European Markets

With the rapid growth of installed wind and solar power capacity, the European electricity market has witnessed frequent negative pricing in recent years. Negative...

Saudi Energy Giant ACWA Power Enters Chinese Market

Recently, Saudi utility giant ACWA Power announced its successful entry into China's renewable energy sector, with plans to invest in over 1 gigawatt (GW)...
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