Solar Energy Market Research News

Fraunhofer ISE Research Cuts Silver Use In Solar Cells by 90%

Scientists at Germany’s Fraunhofer Institute for Solar Energy Systems (ISE) have developed silicon heterojunction (SHJ) solar cells with silver consumption of just 1.4 milligrams per watt peak — about one-tenth (which is 90%) of the current industrial standard. The breakthrough comes as global demand for photovoltaics rises, with a shift to a climate-neutral energy system […]

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25% Of US Clean-Tech Funds At Risk Of Repeal Under Trump: Report

In the United States (US) 76% of global clean-tech factory investment in 2024 supported manufacturing in mainland China, far surpassing other markets despite efforts by governments to promote “onshoring” and “friendshoring”, said BloombergNEF’s (BNEF) Energy Transition Supply Chains 2025 report. The BNEF report said the United States remained a leading provider of manufacturing subsidies, but […]

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Q1 2025: ESS Accounts For 64% Utility-Scale Tendering Activity 

India’s Standalone Energy Storage Systems (ESS) are becoming the backbone of India’s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. The report finds that various Indian […]

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US Solar Industry To Add 502 GWdc Capacity In Next 10 Yrs: Study

“Bright skies are ahead for US solar, with average annual installations surpassing 40 GWdc through 2035,” said Sylvia Leyva Martinez, Principal Analyst for North America Utility-Scale Solar at Wood Mackenzie, speaking at the firm’s Solar and Energy Storage Summit. She added, “Bright skies are ahead for US solar, with average annual installations surpassing 40 GWdc through […]

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European RE PPA Market Adds 19 GW New Capacity In 2024

The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report.  The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […]

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2024: Global Solar Capacity Tops 2.2 TW, With Over 600 GW New Additions

Global cumulative solar photovoltaic (PV) capacity rose to more than 2.2 terawatts (TW) by the end of 2024, up from 1.6 TW in 2023, with over 600 GW of new systems commissioned, the International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) said in its latest report. “Module prices continued to drop through 2024 in […]

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BRICS Now Home To 3 Of World’s Top 5 Solar Nations: EMBER

Renewable energy drove record clean electricity growth in 2024, with solar and wind accounting for most of the gains, think tank Ember said in its latest Global Electricity Review. Renewable power sources added adding 858 TWh in 2024, 49% more than the previous high in 2022, as per the report.  The study showed, “Solar was […]

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20 GW Open Access Solar Opportunity From Heavy Industries In India

There is a 20 GW solar market opportunity in the top 5 producing states under the green energy open access mode of power procurement for steel, cement, and aluminum according to an Ember report. The latest report by Ember on “RE-powering India’s heavy industries: 20 GW today, 24/7 tomorrow” found that steel presents the largest […]

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Smart Meters To Boost Discom Revenue By ₹4L Crore Over 7 Years: CareEdge

Smart meter deployment which currently stands at 5-6%, needs acceleration in India as it lags behind developed nations like Japan (100%) and the USA (73%), as well as the global average of ~43%, finds a recent CareEdge Report. The study highlighted an urgent need to bridge this gap and enhance energy efficiency.  The report highlighted […]

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