Chinese PV Industry Brief: GCL completes switch to FBR polysilicon production
GCL Technology has posted CNY 15.1 billion ($16.7 billion) in revenue and a CNY 4.75 billion net loss for 2024. The Chinese polysilicon and solar module manufacturer says its current annual capacity is 480,000 metric tons (MT).
U.S. reshapes the non-China solar supply chain
The U.S. Department of Commerce (DOC) revised antidumping and countervailing duties (AD/CVDs) on Vietnamese and Malaysian solar products in December 2024. The move has reshaped the non-Chinese supply chain, with further use of tariffs likely under the new administration, explains InfoLink’s Corrine Lin.
Hungary adds 1.4 GW of solar in 2024
Utility-scale solar accounted for around half of new solar in Hungary last year, but with no new connection permits for large-scale projects over the last two years, this market segment is predicted to slow in the coming years.
Cuba completes 130 MW of solar capacity
Cuba has finished building 130 MW of solar capacity across five locations, with each plant featuring 21.8 MW. It aims to connect another 1 GW of utility-scale solar to the national grid.
‘Diverse teams drive better outcomes’
This week, Women in Solar Europe (WiSEu) gives voice to Katherine Vinnicombe, Managing Director BESS at Italy’s Innovo. She says that women entering renewables today have a smoother path than it was a decade ago, although still far from equitable. “Recognizing your presence in decision-making discussions is essential. It normalizes diversity for those who follow,” she states.
EU opens €600 million call for cross-border energy infrastructure projects
The European Union has launched a €600 million ($662.6 million) call for proposals to fund cross-border energy infrastructure projects that will connect or impact the energy systems of two or more member states. The deadline for submissions is Sept. 16.
Poland’s $1 billion energy storage subsidy scheme opens for applications
The call for applications for the Electricity Storage and Related Infrastructure Programme, aimed at enhancing the stability of the Polish power grid, will remain open until May 30, 2025.
European markets hit by negative electricity prices
AleaSoft Energy Forecasting’s latest analysis finds most major European electricity markets experienced negative electricity prices last week, with Portugal and Spain recording their lowest hourly figures in history on March 30.
Mitsubishi Electric debuts new residential air-source heat pumps
The manufacturer has expanded its Ecodan R290 heat pump series with three new products. The systems use propane (R290) as the refrigerant and can purportedly deliver flow temperatures of up to 75 C.
India installs 18.5 GW of utility-scale solar in 2024
India added 18.5 GW of utility-scale solar and 4.59 GW of rooftop PV in 2024. Waaree Energies led the market with a 14.1% share of solar module shipments.
