Brazilian PV association ABSolar says the Brazilian government’s decision to raise the import duty on solar modules from 9.6% to 25% could slow the country’s energy transition and negatively affect ongoing projects.
U.S. Customs and Border Protection blocked Maxeon products despite “having provided clear and objective evidence” of a compliant supply chain.
PowerChina has launched a 52 GW procurement plan for 2025, which includes solar modules, inverters, and 16 GWh of energy storage systems.
A study by the University of Freiburg and the Fraunhofer Institute for Solar Energy Systems finds that deploying color-matching solar modules on a building’s roof or facade further increases social acceptance of building-integrated photovoltaics (BIPV).
The German Financial Supervisory Authority (BaFin) has announced an audit of BayWa AG’s 2023 annual report, citing specific evidence of potential accounting inaccuracies. For the first nine months of this year, BayWa’s records indicate €16 billion ($16.9 billion) in sales and a €77.6 million loss in earnings before interest and taxes (EBIT).
China Three Gorges Corp. has nearly completed a 180 MW offshore solar plant, designed for typhoon resistance, off the coast of China.
Tata Power Renewable Energy has completed a 126 MW floating PV array in Omkareshwar, India. The installation features 213,460 bifacial glass-to-glass modules.
AleaSoft Energy Forecasting says weekly average electricity prices were above €110 ($116.05)/MWh in all major electricity markets last week, bar the Nordic market. The increase came as most analyzed markets reached their highest hourly price recorded so far this year.
The French government has awarded 120 projects at an average price of €0.07928 ($0.0355)/kWh in its latest ground-mounted PV tender.
Solar stocks have fallen since Donald Trump’s election, but Sunnova CEO John Berger says the market is misjudging the strength of the industry under the new administration.
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