LCOE of grid-scale solar expected to drop 2% globally in 2025
A report from BloombergNEF said fixed-axis solar levelised cost of energy is expected to fall to $0.035 (AUD 0.56) per kWh, while battery energy storage LCOE is expected to decrease 11%.
China exports 235.9 GW of solar panels in 2024
China exported 235.93 GW of PV panels in 2024, a 13% increase over the previous year. Of this, 68.11 GW of modules were shipped to the Aisa-Pacific region, up 26% from 2023.
China exports 235.9 GW of solar panels in 2024
China exported 235.93 GW of PV panels in 2024, a 13% increase over the previous year. Of this, 94.4 GW were shipped to Europe, down 7% from 2023.
Enphase posts 42% revenue decline in 2024
Solar inverter maker Enphase Energy says full-year revenue fell 42% as the residential solar market slumped, but margins improved and United States manufacturing expanded significantly.
Top 5 global inverter trends to watch in 2025
Challenges and innovations drive solar and energy storage inverter industry forward in 2025.
Global clean energy investment hit $3.41 trillion in 2024, says BNEF
BloombergNEF says in a new report that global clean energy investment reached $2.1 trillion in 2024, more than doubling 2020 levels. The United States led energy transition debt issuance, driving up investment 5% year on year to $334 billion.
Pumped hydro energy storage potential equates to 2 trillion EV batteries: study
A new paper co-authored by Australian National University Professor Andrew Blakers discusses the potential for long-duration pumped hydro energy stations built on non-river locations, which, with batteries, can solve world’s energy storage needs.
Fronius presents new inverters for C&I projects
The Austrian manufacturer said its new Argeno inverter features an efficiency of 99.1%, a European efficiency of 98.7%, and a rated AC power output of 125 kW.
Wood Mackenzie tips solar growth to stagnate in 2025
Wood Mackenzie’s latest report forecasts that 493 GW (DC) of solar will be added throughout the world this year, compared to 495 GW in 2024. Solar module prices are expected to rise this year as manufacturers aim to recover profit losses from the past two years.
JinkoSolar takes top spot on WoodMac’s list of PV module manufacturers
Wood Mackenzie says that JinkoSolar has taken first place on its list of solar panel manufacturers. The report confirms the dominance of the TOPCon technology but also notes that heterojunction and back contact panel manufacturers are increasing their production share.
