World

In 2024, the global corporate clean energy procurement market grew strongly, with a record 68 GW of power purchase agreements (PPAs) and other clean energy procurement deals announced. That amounted to 29% growth against the previous year. Caroline Zhu and Bruno Brunetti, of S&P Global Commodity Insights, examine the trends behind these numbers.

Longi said it has achieved a 27.81% efficiency rating for a hybrid interdigitated back contact, as confirmed by Germany’s Institute for Solar Energy Research Hamelin (ISFH).

The US Energy Information Administration (EIA) says cumulative solar installations are expected to double from 91 GW to 182 GW from the end of 2023 to the end of 2026. Meanwhile, battery energy storage capacity is expected to grow 70% in 2025 alone.

Scientists in Spain have simulated the combination of power-to-heat-to-power storage systems with lithium-ion batteries to supply energy needs and heat pump production of an electrified dwelling. PV self-consumption was found to increase by up to 20% and levelized cost of energy decrease by 7%.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, FOB China TOPCon below 450 W modules for spot loading were stable at $0.093/W, with price indications between $0.087-0.100/W. Furthermore, it reveals that current price increases are not being uniformly adopted across all Chinese manufacturers, with significant price differences—often several euro cents— being observed between the Top 5 and Top 10 manufacturers.

According to the “Energy Statistics India 2024” report by the Ministry of Statistics and Programme Implementation, total emissions from the energy sector have been on the rise, underscoring the urgency for sustainable energy practices and stronger ESG-aligned interventions.

There is no consensus on the future of PV technology but there is general agreement that existing silicon solar cells do not represent the pinnacle of solar energy generation. This has resulted in the exploration of alternative materials and device architectures, with tandem solar cells emerging as the front runner for the next generation of solar cells to be deployed at scale.

US electrical contractor Rosendin plans to demonstrate robotic-assisted solar module installation at a large-scale solar energy project under construction in Texas.

The two-day SolarX Accelerator Programme in Mauritius brought together 35 startups from across Asia and APAC region to accelerate the development and deployment of innovative solar solutions.

Suhas Donthi, CEO of Emmvee, speaks with pv magazine about India’s evolving role in the global solar supply chain, the risks of oversupply, and what it will take for Indian manufacturers to lead on the world stage.