Author: solarenergy

Energy retailer EDF and Puredrive Energy, a manufacturer and distributor of residential battery storage, will test how domestic battery storage can support local networks.Puredrive is a licensee of the Duracell Energy brand, meaning the battery energy storage systems (BESS) it sells and produces fall under the international battery company’s brand name. Over the course of three months, from June to August 2026, approximately 50 residential BESS will participate in local flexibility markets. Puredrive will be responsible for customer recruitment, onboarding and participation, EDF will trade the energy storage capacity on the market and customers will be “rewarded” for participating in…

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According to SolarPower Europe’s report, the global solar market will add a record 664 GW of solar energy by 2025. Global solar market outlook 2026-2030. The figure represents an increase of 69 GW compared to 2024 and 212 GW compared to 2023, but indicates that annual market growth is slowing, from 85% in 2023 and 32% in 2024 to 12% last year. The Asia-Pacific region accounted for 487 GW, or 73%, of solar added last year, while China alone installed 382 GW, for a record 57% market share. India added 45.7 GW, overtaking the United States as the second largest…

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By Martin McConnell June 22, 2026 This week on Projects Weekly, two school districts around the U.S. are getting solar project facelifts courtesy of Ameresco and OPTERRA Energy Services. Additionally, Canada’s PowerBank Corp. has executed a grid interconnection agreement for its Nova Scotia-based solar array, and Aligned Climate Capital has secured financing for two solar projects in Delaware. Elsewhere in the solar financing world, CIM Group’s Permanent Power Company has announced the closure of a $600 million construction financing facility for a project in California. Catalyst Power and Connecticut Green Bank have also partnered for solar deployments around the state…

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Rivington Energy, the parent company of UK developer Renewable Connections, has sold a 50 MW battery energy storage system (BESS) to funds managed by Schroders Greencoat.The BESS, in Yarnton, Oxfordshire, was granted planning permission in June last year. It will export up to 49.9 MW and import 40 MW, a slight reduction from the 52 MW capacity that Renewable Connections, which developed the project, had proposed.Schroders acquired the site through a locally focused renewable infrastructure fund for local government pension fund members, called Wessex Gardens.The companies indicate that the site will be connected to the electricity grid in the short…

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According to data collected by the Organization for Economic Co-operation and Development (OECD) in its report OECD MAGIC database of industrial subsidiesChina has subsidized its solar-related manufacturing industries by $17.4 billion between 2010 and 2024. In contrast to China’s massive investments, OECD countries – 38 member states based mainly in Europe and the Americas, including the US – have subsidized their producers by just $3.9 billion over the same period. During this period, the price of electricity generated by solar panels has fallen from almost $0.40/kWh to less than $0.04/kWh – a drop of more than 90%. By May, amid…

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The latest edition of the International Energy Agency (IEA) Global Hydrogen Review notes that the conflict in the Middle East is renewing interest in hydrogen and hydrogen-based fuels as long-term options to strengthen energy security. However, it highlights that low-emission hydrogen is still far from the scale needed to provide an immediate response. The report also notes that the war has disrupted global production and trade of hydrogen-based products. The IEA reports that global demand for hydrogen will exceed 100 million tonnes by 2025, while production of low-emission hydrogen has increased 20% year on year to almost 1 million tonnes.…

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Free-On-Board (FOB) Chinese M10, 210R and G12 wafer prices remained stable at $0.138/pc, $0.147/pc and $0.169/pc respectively, unchanged from the previous week, according to the OPIS Global Solar Markets Report published on June 13. The fundamentals of the wafer market continue to mirror those of the polysilicon sector, with bearish sentiment, weak demand and continued inventory accumulation remaining the dominant themes according to market participants. Based on manufacturers’ production schedules, industry sources estimate that wafer production was close to 50 GW in May and could rise further to around 55 GW in June. One market participant noted that the increase…

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For much of the past two years, the European solar industry has been shaped by a very specific market condition: an abundant oversupply of modules. Global manufacturing expansion, combined with weaker-than-expected demand in certain regions, led to a sustained period of supply consistently exceeding demand. The result was predictable and very beneficial for buyers. Warehouses filled up, spot prices fell almost continuously, and purchasing strategies across Europe began to focus on a single assumption: waiting would almost always lead to better prices. That logic became embedded not only in trading behavior, but also in project planning. Developers postponed purchasing decisions,…

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The Silicon Industry Department of the China Non-ferrous Metals Industry Association (CNMIA) reported on June 18 that polysilicon prices fell for the third week in a row. N-type rechargeable polysilicon traded at CNY32,000–34,000 ($4,402–$4,677) per ton, with an average of CNY33,400 ($4,594), down 1.47% week-on-week. N-type granular silicon traded at CNY32,000–33,500 ($4,402–$4,608) per tonne, with an average of CNY33,000 ($4,539), down 1.49%. The association attributed the decline to ongoing inventory pressure and the restart and ramp-up of production by some producers in June, which has reinforced expectations of rising supply and prompted some polysilicon makers to cut prices to reduce…

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By Martin McConnell June 19, 2026 Community solar energy supplier Nexamp and solar and storage developer TurningPoint Energy have cut the ribbon on two community solar projects in Minonk, Illinois. The project is located in Woodford County in central Illinois and currently sits on top of former coal mining land, officials say. With a combined capacity of 9.8 MWdc and nearly 17,000 solar panels spread over 40 hectares, the projects aim to “transform fossil fuel heritage land into a long-term source of clean, reliable energy for residents, businesses and institutions in the area.” “The fact that we stand on this…

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