Industry-News

China’s solar power capacity has officially crossed the 1 terawatt (TW) mark, underscoring the nation’s rapid strides in its clean energy transition. According to the National Energy Administration (NEA), installed solar capacity reached 1.08 TW (1,080 GW) by the end of May 2025—a...

China’s National Energy Administration (NEA) has reported that the country added 45.22 GW of new solar PV capacity in April 2025 alone, pushing total installations for the first four months of the year to 104.93 GW — a staggering 214.68% increase year over year. This growth underscores t...

Brazil is set to install 19.2 GW of new solar capacity in 2025, marking only a slight increase from the 18.9 GW added in 2024, according to SolarPower Europe’s “Global Solar Power Market Outlook 2025–2029.” While the country continues to strengthen its leadership in Latin Ame...

According to the latest analysis from AleaSoft Energy Forecasting, negative electricity prices were recorded in most major European markets during the third week of April, with the phenomenon particularly notable over the Easter weekend. In Portugal and Spain, prices hit zero or dipped into negative...

According to the latest analysis by AleaSoft Energy Forecasting, most major European electricity markets experienced negative prices during the fourth week of March, with Portugal and Spain registering record lows on March 30.      On that day, electricity prices turned negative in...

For the first time in history, renewables accounted for the majority of the UK’s annual electricity generation in 2024, with solar power reaching record highs despite fewer sun hours. The growth in PV output reflects increased installed capacity, which hit 18 GW in February 2025, according to...

By the end of February, Germany's total installed PV capacity had reached approximately 102.3 GW.       According to the Federal Network Agency (Bundesnetzagentur), Germany deployed around 1.53 GW of new solar capacity in February, surpassing the 1.23 GW installed in January and the...

The UK is closing in on 18 GW of total deployed solar capacity, according to the latest government data as of January 2025.      The Department for Energy Security and Net Zero (DESNZ) reported 17.9 GW of deployed capacity, with 69 MW added in the first month of 2025. This follows a...

Spain's total installed solar capacity reached 32 GW by the end of December 2024, following the addition of 6.46 GW of new photovoltaic (PV) capacity throughout the year.     According to Red Eléctrica de España, Spain installed 6.64 GW of new PV systems in 2024, marking a s...

Chile installed 2.14 GW of new solar capacity in 2024, bringing its total installed photovoltaic capacity to 10.5 GW by the end of the year, according to the National Energy Commission (CNE). The country had installed 1.65 GW of solar in 2023.     By December 2024, Chile's total solar cap...

According to data from the Danish Solar Association (Dansk Solcelleforening), Denmark installed 545 MW of solar in 2024, with utility-scale projects driving market growth.      In 2024, Denmark added 545 MW of solar capacity, up from 378 MW in 2023 but down from 1 GW in 2022. This ne...

On January 6, 2025, the German Federal Solar Industry Association announced that Germany’s total installed solar capacity exceeded 100 gigawatts (GW) by the end of 2024, marking a significant milestone. Solar power systems supplied 14% of Germany's electricity consumption in 2024, up from 12%...