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Published on 04/30/2026 at 08:01 am EDT
TotalEnergies: Resilience tested by the Middle East conflict, shareholder returns strengthened.
April 29, 2026 at 11:01 am EDT
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TotalEnergies production tops forecasts in Q1
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Published on 04/30/2026 at 08:28 am EDT
TotalEnergies: Resilience tested by the Middle East conflict, shareholder returns strengthened.
April 29, 2026 at 11:01 am EDT
What’s the fair price for TotalEnergies shares?
TotalEnergies production tops forecasts in Q1
Trader
This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.
Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
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The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
 
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The solar plants will feature approximately 130,000 PV modules installed on single‑axis trackers to optimise energy output.
The project, constructed by Ameresco Sunel Energy S.A., contributes to Greece’s renewable energy transition and reinforces sustained investor confidence in high‑quality energy infrastructure assets.
The project is a large‑scale, fully integrated renewable energy investment combining advanced solar technology, structured financing and strategic partnerships.
Luxcara is a Hamburg‑based asset manager specialising in long‑term investments in energy transition infrastructure, including renewable energy generation, battery storage, EV charging infrastructure and green hydrogen projects across multiple European markets.
WFW Athens was also involved in Luxcara’s acquisition of the majority stake of Lux North Greece in 2024, advising the sellers.
The cross-border WFW Energy team that advised Lux North Greece was led by Athens Counsel Valina Giouzelaki, supported by Senior Associate Dimitrianna Kolonia and Associate Fotini Nassou. Athens Partner Marsila Karpida and Senior Associate Haris Kazantzis provided English law advice, whilst London Associate Kristina Buckberry provided hedging expertise.
Valina commented: “We are delighted to have advised Lux North Greece on the financing of Luxcara’s first solar photovoltaic projects in Greece. This transaction highlights the continued maturation of the Greek renewables market and demonstrates how structured project finance can successfully enable large‑scale energy transition investments”.
Lorenz Hahn, Investment Manager at Luxcara, said: “WFW delivered strong execution and was a dependable partner throughout the process. Their deep project finance expertise helped keep a complex financing process on track”.
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Mozambique Relaunches Tender for 30 MW Solar PV Project in Dondo  SolarQuarter
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Coal still dominates, but solar is rising in Indiana  ballstatedailynews.com
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The upcoming Solar Manufacturing USA 2026 conference in Austin will focus on real U.S. solar manufacturing progress, shifting attention from capacity announcements to actual production, costs, yields, and technology choices across the full value chain. It will also examine how policy changes and tariffs are driving domestic expansion in ingots, wafers, cells, and modules, while highlighting competing technologies like back contact, heterojunction and TOPCon.
Image: pv magazine/AI generated
The inaugural Solar Manufacturing USA 2026 event takes place in Austin, Texas on 22 & 23 September 2026, with conference topics chosen specifically to allow the PV industry to understand exactly what is being produced today at solar manufacturing sites across the United States and which technologies are being deployed.
This article explains why production volumes, technology choice and operating metrics have now become the key issues to track for U.S. solar manufacturing, after years of capacity announcements by dozens of solar companies worldwide, all keen to be part of the domestic U.S. solar manufacturing community.
A discussion of the key themes of Solar Manufacturing USA 2026 is outlined below, looking at some of the companies emerging as frontrunners in the United States, as capacity is added upstream at the ingot / wafer and cell stages.
The article also takes a close look at technology trends, with new data for cell production and capital expenditure (capex), spread across the various technologies currently being operated or under construction in cell factories across the United States.
 

Interested in the future of solar manufacturing in the US? Join us at Solar Manufacturing USA – Austin, TX, September 22 & 23. Find all information about our inaugural conference here.

As soon as the Inflation Reduction Act was announced in 2022, the global PV industry turned its attention to the United States, with domestic manufacturing set to have attractive production-based incentives (Section 45X credits) through the value-chain from polysilicon to modules, with First Solar’s thin-film technology treated as a single fully integrated process.
During 2023 and 2024, most of the new domestic manufacturing additions in the United States came from c-Si module factories, mainly due to the lower barrier to entry for module assembly, compared to building a new cell factory. Moreover, c-Si modules commanded the largest 45X credit levels ($0.07/W). Combined with the low capex required for c-Si module factories, this allowed new companies to enter the market and target profits quickly.
However, the U.S. market was still being supplied in high volumes by imported modules from Southeast Asia, holding back the rate of progress for new module capacity additions in the United States, while largely removing any great urgency to set up new c-Si cell (or ingot / wafer) facilities.
This changed first with the 2024 Anti-Dumping and Countervailing Duties (AD/CVD) on imports using cells produced in Cambodia, Malaysia, Thailand and Vietnam, and then in 2026 with AD/CVD applied to production in India, Indonesia and Laos.
While various manufacturers shifted attention to setting up cell and module factories in the Middle East and Africa, these 2024 and 2026 duties effectively signalled that solar cell production in the United States had to be prioritized by companies that were serious about participating in the domestic market in the future.
By default, U.S. ingot and wafer production then got the impetus needed to be taken seriously, now that a meaningful domestic cell manufacturing sector was about to unfold.
Therefore, while the pathway to domestic U.S. manufacturing was initiated back in 2022, it was not until early 2026 that a full value-chain build-out could be considered a viable and essential pre-requisite for investments and new capex spending across ingots, wafers and cells.
Consequently, the United States has finally become a PV sector that can look at production volumes through the entire c-Si value-chain, technology selection for cell lines, factory yields, profitability and quality levels. And by design, the days of counting aspirational capacity announcements will hopefully fade into the distance.
This is why the Solar Manufacturing USA conference is being launched this year, in 2026.
The opening session sets the scene for Solar Manufacturing USA 2026, combining a market-led overview of the domestic manufacturing base. The growth in production across the value-chain for U.S. PV manufacturing from 2020 through to a forecast for 2026 is shown in Figure 1.

Figure 1: By assigning thin-film production (from First Solar) across the equivalent c-Si value-chain, as defined by Section 45X credit levels, overall U.S. solar production has grown significantly from 2024 for modules and from 2025 for wafers and cells.
Historically, treating thin-film largely in isolation from c-Si value-chain production has been standard practice for any analysis of PV manufacturing. However, for the U.S. sector today, it is essential to do this differently.
The reason for this change in analysis comes from U.S. domestic manufacturing being largely exclusive to the U.S. market. Or put another way, nothing apart from some polysilicon is being exported. Therefore, every thin-film panel produced by First Solar in the United States not only takes market share away from domestic c-Si module competition, but also removes the equivalent capacity otherwise required for polysilicon, ingot, wafer and cell manufacturing in the country.
This phenomenon is even more pronounced given that First Solar’s domestic thin-film production volume accounted for about one-third of all solar modules produced in the United States in 2025, although this is set to decline in 2026 to about 25-30% and will continue to fall out to 2030 unless First Solar adds more U.S. capacity in the 2028-2030 period.
Another reason for combining thin-film with the full c-Si value-chain is to align with Section 45X definitions.
These themes will take centre stage in my opening talk at Solar Manufacturing USA bringing the industry up to date with developments through the first nine months of the year and looking forward to 2030.
The next session of the conference examines how solar cell manufacturing in the United States can be built around differentiation and innovation, focusing on the cell architectures, production equipment and technology roadmaps defining the sector.
During 2023 and 2024, announcements related to PV technology were focused mainly on the modules being assembled, not the companies making the solar cells. This created a somewhat artificial climate because technology differentiation falls firmly at the cell fabrication stage, not with final module assembly.
However, starting in 2026, this imbalance has been completely turned around, due to the technology choices being made by the companies currently producing and ramping new cell factories in the United States, at odds with global trends in recent years.
This has been driven in large part by First Solar’s graduated TOPCon patent enforcement actions — moving from initial industry warnings to federal lawsuits and culminating in the latest Section 337 investigation — which have pushed domestic c-Si cell manufacturers toward PERC and heterojunction (HJT) process flow alternatives.
During 2026, U.S. c-Si cell production volumes are expected to reflect this country-specific technology differentiation, with PERC and HJT potentially accounting for about 70% of c-Si cell output. First Solar’s cell-equivalent CdTe thin-film is forecast to make up about 80% of all solar cell production in the United States in 2026.

Figure 2: Production of c-Si solar cells in the United States in 2026 is forecast to be comprised of strong contributions from PERC and heterojunction (HJT) architectures, reflecting the impact of First Solar’s patent enforcement actions dating back to its acquisition of TetraSun in 2013 and its core patents.
Factoring in First Solar’s domestic thin-film production volumes (cell adjusted), the United States in 2026 becomes the most diverse country globally in terms of solar technology, as shown in Figure 2. Indeed, such a technology split is reminiscent of the roadmaps often promoted during the early days of the solar industry some 15 years ago.
While the selection of p-type PERC cell production lines by some of the existing cell proponents in the United States can be viewed somewhat as a safe and defensive tactic, the most significant development relates to the choice of HJT by other companies.
Globally in 2025, HJT accounted for about 1% of solar cell production, a reflection of the strategies put in place almost ten years ago by the Chinese c-Si sector to advocate a cell technology roadmap based on TOPCon and back-contact architectures replacing the legacy PERC format.
During this time, the promotion of HJT as an alternative has centred largely on the actions of Chinese HJT cell producer Anhui Huasheng New Energy Technology  (Huasun) and HJT turn-key equipment supplier Maxwell Technologies.
Collectively, these two companies managed to keep HJT alive as a potential technology frontrunner in the sector, while the rest of China fully embraced TOPCon as the natural evolution of cell technology after PERC.
Consequently, any company setting out a technology plan in 2026 based on HJT is coming from a different starting point in terms of product maturity, equipment availability and proven field reliability, compared to both PERC and TOPCon.
Outside the United States, the most meaningful investments in the past couple of years into HJT cells have come from Indian conglomerate Reliance Industries, largely because of its acquisition of REC Solar that had been an early promoter of HJT as a potential candidate for its cell manufacturing activities in Singapore.
Today, however, that mantle has been taken up by solar companies in the United States that are in the process of ramping new HJT lines, in particular Canadian Solar.
Indirectly, Canadian Solar — owing to its ambitious HJT cell capacity expansion in the United States in 2026 — is about to become the company that could finally show the PV industry whether HJT can be produced with high yields, at low cost and with field reliability.
Canadian Solar is in the process of ramping 2.1 GW of HJT cell capacity at its Jeffersonville, Indiana facility, with a further 4.2 GW to be added during 2027. The investment in 6.3 GW of HJT cell capacity in the United States is one of the most ambitious and potentially game-changing moves that any of the major global c-Si module suppliers has undertaken in the PV industry for a long time.
Historically, Canadian Solar has been somewhat cautious on cell manufacturing, often applying a flexible in-house / third-party approach to cell production. Since 2020, in-house cell supply for its modules has trended in the range of 70-95% annually, with Aiko Solar providing modest volumes of TOPCon cells in recent years.
In addition to the company’s on / off use of a flexible in-house / third-party cell supply strategy over the past couple of decades, Canadian Solar’s focus on cell technology has typically been more that of a follower than a leader.
This was exposed a decade ago when the company was one of the last vertically integrated manufacturers of note to move from multi to mono, before following other technology leaders into TOPCon cell build-out, which formed the basis of the company’s cell capex from 2022 until the new HJT plans in the United States.
Canadian Solar has been one of the most successful companies in the PV manufacturing space for the past couple of decades, almost unique in carving out a profitable upstream / downstream model that many others have tried to emulate over the years.
However, the proposed development of 6.3 GW of HJT cell capacity in the United States could prove to be the company’s defining moment from a technology standpoint, if this can be achieved successfully in terms of productivity, yield, profits and quality.
The next session on Day One of Solar Manufacturing USA 2026 looks more broadly at production-line metrics for yield, quality and performance, alongside independent testing, factory audits and due-diligence processes that help validate industry benchmarks.
Since the build-out of new silicon-based manufacturing sites in the United States over the past few years, the focus on factory operations has become a largely closed-loop exercise involving the manufacturers and factory auditors, driven by checks required by downstream stakeholders.
However, the true test of manufacturing comes directly from the companies themselves through dissemination of factory metrics that properly explain the specific capex investments, production volumes, technology choice, yield rates, average fleet efficiencies, shipment volumes, inventory levels and, crucially, profitability.
Today, the most notable company in the United States sharing this level of detail is First Solar. More recently — partly on account of being U.S.-listed entities — visibility from T1 Energy and TOYO Solar has provided an early indication of the key c-Si production metrics for silicon-based U.S. manufacturing.
As more upstream capacity is now added in the United States, the winners and losers will ultimately be determined by operational profitability, field performance and correct technology choice at the cell stage, not simply by having factory audits that meet transient buying needs.
This session at the conference will focus on the upstream transition unfolding today as U.S. solar manufacturing moves from ambition to execution in terms of vertical integration, with presentations from companies leading the way with new domestic ingot and wafer production sites.
Two companies have emerged as frontrunners in this category, Qcells (through investments from parent Hanwha Solutions) and Corning Incorporated across its Hemlock Semiconductor polysilicon operations, in-house ingot / wafer activities, and module production.
The tactics and strategies of Qcells and Corning are very different.
Qcells’ ingot-to-module plans in Georgia have been years in the making, dating back to before the Inflation Reduction Act was finalized. This follows almost a decade during which Hanwha Solutions has re-organized its global solar manufacturing operations from a diversified international model for both manufacturing and module sales to one now heavily focused on the U.S. market.
Furthermore, Qcells’ motivation — aside from being seen in the United States as a major player in the PV manufacturing space — is embedded in a self-consumed production model, in which in-house upstream products are largely retained for the company’s own module production and sales.
Corning’s move into partial vertical integration differs significantly from Qcells, both in solar manufacturing legacy and operational strategy going forward.
Previously, Corning’s polysilicon plant in Michigan (Hemlock Semiconductor) was the company’s only meaningful connection to global PV manufacturing, moving from a position of market leadership 15 years ago to a more niche player whose value-added proposition was grounded in its status as one of only three polysilicon suppliers outside China’s otherwise dominant position in the polysilicon sector.
Corning’s new solar strategy is now principally U.S.-focused and sees the company active at the ingot / wafer and module stages through different in-house vehicles. Crucially, this approach depends on the company’s ability to form a “virtual” supply chain, including third-party cell producers, and secure off-taker commitments for a portion of wafer supply and all module sales.
Therefore, Corning’s approach places the company at the heart of the U.S. PV manufacturing ecosystem, in contrast to Qcells’ strategy and in a way that Corning has not done before. This creates a fascinating dynamic moving forward.
Indeed, by the time Solar Manufacturing USA 2026 takes place in September 22 & 23, 2026, it is expected that some of the established PV manufacturers in the United States today — many building out cell capacity to add to existing module production — will be ready to share their plans to backward integrate to the ingot and wafer stages, in expectation that current supply channels for ingots and wafers made in Southeast Asia may have a time limit in terms of potential AD/CVD activity.
The morning of Day Two of Solar Manufacturing USA 2026 is dedicated to building and operating solar manufacturing factories in the United States.
The first session of the morning explores the capital build-out now underway across U.S. solar manufacturing, with a focus on the companies designing, equipping and delivering the factories and production lines behind new domestic capacity.
When the initial wave of capacity expansion began in the PV industry 15-20 years ago, U.S. equipment companies were central to this phase. Key equipment suppliers included GT Advanced Technologies (former GT Solar) for ingot (“brick”) casting and Despatch Industries for cell firing furnaces. Applied Materials also had an active role in cell screen printing through its Baccini subsidiary, while putting considerable resources into its turn-key thin-film amorphous-silicon-based production lines that were, for a few years, in high demand.
Many of the new entrants across Asia relied on these equipment suppliers to establish a foothold in PV manufacturing, forming complete lines together with key tool makers in Europe including centrotherm photovoltaics, the former Roth & Rau, Meyer Burger, SCHMID Group, RENA Technologies, SEMCO Technologies, ASYS Group, Singulus Technologies and others.
As the United States began its current phase of c-Si capacity expansion, companies have been forced to source equipment from outside the country, with only limited interest until now from major capital equipment suppliers serving adjacent markets, such as semiconductor, in participating in new solar factories.
Considering also the technology differentiation discussed earlier in this article, a wide range of tool suppliers and process flows has now been called upon.
However, the build-out of new solar factories in the United States is not limited to production tools, or to a specified “turn-key” solution. Build-out also has strong engagement from factory EPCs and third-party providers of production know-how and R&D resources.
The net effect is a diverse and increasingly competitive equipment and process landscape, with customers now making decisions on technology type (PERC, TOPCon or HJT, for example) and the level of third-party support needed to establish new production lines and run them effectively.
This second part of the Day Two morning activities explores the operating expenditure (opex) side of U.S. solar manufacturing, with a focus on materials supply, cost control and the factory-level economics that will determine long-term viability.
This introduces a whole new side to the U.S. PV manufacturing ecosystem. It has been gaining visibility and focus over the past 12-18 months but still needs a much more cohesive approach to domestic independence of supply.
Across the ingot-to-module stages of the c-Si value-chain, key materials include quartz crucibles (for ingot pulling), diamond wires (for wafer slicing), conductive paste (for cell metallization), and films / backsheets and glass (for module assembly).
Currently, the U.S. manufacturing sector is dependent on a small group of Chinese companies across each of these key materials. In some cases — in particular, the materials needed for module assembly — the Southeast Asia operations of Chinese companies (such as Flat Glass Group and Xinyi Solar for module glass) have been heavily utilized. However, some components, such as quartz crucibles, diamond wires and conductive pastes, remain exclusive to Chinese companies with domestic production bases only.
The dependency on Southeast Asia for backsheets / films and solar glass, in addition to junction boxes, is potentially one of the highest-risk areas for the U.S. manufacturing sector today.
The rationale for these Chinese companies having production bases in Southeast Asia in the first instance mirrors the motivation and actions of Chinese cell and module producers that set up factories in Vietnam, Thailand and Malaysia years ago to supply product to the U.S. market. Therefore, the threat of specific AD/CVD on materials supply channels from Southeast Asia cannot be discounted.
Figure 3 shows the extent to which Chinese companies dominate the supply of materials for the c-Si value-chain today. The graph here shows the market share of the top three Chinese companies in 2025 across different materials supply categories.

Figure 3: A select group of Chinese companies has dominated the supply of consumables used in producing components through the solar value-chain in recent years. Within each of the main materials categories, two to three companies accounted for about 70-80% of supply during 2025, with leading companies including Metron New Material (diamond wires), DK Electronic Materials and Fusion New Material (conductive pastes), First Applied Material (films / backsheets), and Flat Glass Group and Xinyi Solar (solar glass). Production sites have been used either in China or across Southeast Asia.
The closing session of Solar Manufacturing USA 2026 is likely to be one of the highlights of the event, focusing on an interactive assessment — involving both speakers and audience — of how the U.S. solar industry can reach 100 GW of fully integrated production by 2035 across components, materials and selected equipment categories.
The United States has had various PV roadmaps in the past, but many of these became increasingly hypothetical as China came to dominate the sector over the past 10-15 years. In addition, most U.S. roadmap thinking has tended to be skewed towards domestic technology leadership founded on U.S.-owned innovation, rather than how global technology can be used as a springboard to build manufacturing at meaningful commercial scale.
It is therefore necessary to distinguish between an aspirational domestic R&D-to-production roadmap and a commercial in-production technology roadmap.
The approach at Solar Manufacturing USA 2026 will be closer in spirit to the International Technology Roadmap for Photovoltaic (ITRPV), using direct manufacturer input to guide the outlook.
A realistic PV technology roadmap for the United States today has to start with the stakeholders already active in the current build-out of capacity, factor in expected capex by technology through to 2030, establish the most likely production landscape by then, and only after that assess the pathways that could take the sector to 100 GW of production by 2035.
The 2035 timeline appears realistic because the period from 2026 to 2030 can largely be seen as the initial build-out phase. This would then allow 2030 to 2035 to be viewed more as a period of technology evolution, rather than one based solely on rapid capacity growth from a low starting point.
The 100 GW target must be treated firmly as a production number, not a capacity figure. It implies production across the value-chain, supported by domestic materials supply and with a meaningful share of production equipment influenced by manufacturing activity and R&D from U.S. PV companies.
Potentially, Solar Manufacturing USA 2026 — given its focus on U.S. PV production and technology — could become an annual point at which the industry reviews and adjusts the pathway to 100 GW production by 2035.
After several years in which U.S. solar manufacturing was judged mainly through capacity announcements and factory opening plans, the sector is now moving into a more meaningful phase. Production volumes, technology selection, yields, quality, operating economics and upstream integration are becoming the metrics that matter most, and these are the issues that will ultimately determine which companies emerge as long-term winners.
This is why Solar Manufacturing USA 2026 comes at the ideal time. The event is intended to give the industry a much clearer view of what is being produced today in the United States, how manufacturing strategies are evolving, and which technology and domestic supply-chain choices are likely to shape the sector over the next ten years.
 
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Perovskite solar cells skip yellow phase, degrade slower thanks to key additives  Rice University
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Spanish researchers found that combining agrivoltaics with regulated deficit irrigation can cut tomato irrigation water use by about 50%, while improving land-use efficiency through simultaneous crop and solar energy production.
The agrivoltaic plots in Seville (a, b) and Madrid (c,d)
Image: CEIGRAM (Centro de Estudios e Investigación para la Gestión de Riesgos Agrarios y Medioambientales), Agricultural Water Management, CC BY 4.0
From pv magazine Global
A research group from Spain has used regulated deficit irrigation (RDI) under agrivoltaic systems to grow tomatoes in both Madrid and Seville.
RDI is a technique used to reduce irrigation water use by intentionally giving plants less water during less sensitive growth stages, while monitoring leaf water potential to prevent excessive stress and maintain yield.
“This innovative combination aims to reduce the plants’ evaporative demand through the shade provided by photovoltaic panels, enabling a more efficient use of land and water,” the academics said in a statement.
“Our results indicate that, although the shade from the panels reduces available radiation, the design of the system permits adequate plant development to be maintained at most stages of the crop cycle.”
In both Madrid and Seville, the experiments took place during the 2024 spring growing season. Maximum temperatures were frequently higher in Seville than in Madrid throughout most of the season, and the specific tomato seed varieties were selected based on the climatic conditions.
The agrivoltaic systems at the two locations consisted of a 2-monopole structure per plot, supporting 5 monocrystalline silicon modules rated at 450 W each.
The structures were 2.5 m high in Madrid and 3 m high in Seville, with spacing of 5 m and 4.5 m, respectively. The tilt angle was 17° in Madrid and 20° in Seville, while orientation was 25° and 15° off the north-south axis, respectively. In addition, both sites included a plot using only RDI without an agrivoltaic system, as well as a control plot that received full irrigation to meet crop water requirements and avoid water stress.
The researchers evaluated three irrigation treatments with three replications under different shading and water-management conditions. Control plots received full irrigation based on crop evapotranspiration (ETc) to avoid water stress, while the RDI applied controlled water stress according to plant growth stages and midday leaf water potential thresholds.
Irrigation levels in RDI varied dynamically between 25% and 125% of ETc depending on plant stress measurements. The agrivoltaic plot combined the same irrigation strategy as RDI with crop cultivation under photovoltaic structures. Measurements were taken only from centrally located plants within each plot to minimise border effects.
The analysis showed that agrivoltaic design and latitude strongly influenced radiation distribution and crop microclimate in Madrid and Seville. In both locations, agrivoltaic plots received radiation levels similar to control plots, while agrivoltaic shaded plots showed major reductions in photosynthetically active radiation (PAR) radiation, especially around midday.
In Madrid, shading effects persisted throughout the season, with midday PAR reductions of about 90% and daily light integral (DLI) values remaining around 70% of open-field conditions. In Seville, shading impacts were limited mainly to the early growth stages, and DLI differences nearly disappeared later in the season.
Moreover, the scientists found that air temperatures increased progressively during the experiments, with maximum temperatures approaching 40 C in both sites, with agrivoltaic plots showing slightly higher average temperatures than control plots, particularly during hot days and nighttime conditions. During daytime, however, agrivoltaic shading reduced temperatures in Madrid but not in Seville, where agrivoltaic plots were often slightly warmer.
Soil temperature responses also differed by location: agrivoltaic shading lowered soil temperatures in Madrid early in the season, while RDI increased soil temperatures later due to reduced irrigation and canopy cover. In Seville, control plots remained coolest because of higher irrigation, whereas agrivoltaic plots became the warmest due to limited shading and heat released by photovoltaic panels.
“One of the most notable findings is that the deficit irrigation strategy reduced water consumption by approximately 50% compared to traditional irrigation,” the scientists said.
“However, this drastic reduction in water led to a yield decrease of around 20% in the RDI treatment, attributed mainly to severe water stress conditions during the ripening phase. Despite this drop in total tomato production, irrigation water productivity increased significantly in the Seville treatments, demonstrating that more fruit can be obtained for every drop of water invested.”
In addition, the overall performance of the agrovoltaic system was validated by the land equivalent ratio (LER), which combines the efficiency of agricultural and electricity production. In Madrid, the obtained LER value was 1.54, while in Seville it was 1.67, confirming that combined production is more efficient than growing tomatoes and generating energy on separate plots.
“This implies that, although tomato yield decreases under the panels, the system’s profitability and sustainability increase thanks to the generation of clean energy in the same space,” the researchers said.
Their findings were presented in “Regulated deficit irrigation based on plant water status and Agrivoltaic systems as possible improvements on water resources management in tomato,” published in Agricultural Water Management. Scientists from Spain’s Research Center for the Management of Agricultural and Environmental Risks (CEIGRAM), the Technical University of Madrid, the University of Seville, the Spanish National Research Council, and the University of Castilla–La Mancha have participated in the study.
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Tata Power’s ₹6,500 Cr, 10 GW Push Signals Shift to Upstream Solar Manufacturing  SolarQuarter
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Cleantech Solar has entered into a 9 MWp PPA with Bonfiglioli India to supply solar power from its open access project in Thoothukudi, Tamil Nadu.
May 02, 2026. By Mrinmoy Dey

Grid Modernisation, Storage, and Hydrogen to Shape India’s Energy Future: Advait's Rutvi Sheth

Energy Security Has Evolved into a Strategic Imperative for India: Hartek Singh

Geopolitics Reshaping Solar Strategy, Says Hindustan Power's Chairman Ratul Puri

Solar Shifts Farming from Constraint to Opportunity, Says Solarsure’s Bhavesh Patidar

Solar Plus Storage Is Key to India’s Clean Energy Future: BluPine’s Pankaj Tyagi

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Oil and gas major TotalEnergies and Philippines-based renewable energy developer Nextnorth have reached financial close on, and started construction at, a 440MW solar PV project in the Philippines.
The project is under construction in the City of Ilagan, in the north of Luzon, the Philippines’ northernmost island. TotalEnergies owns 65% of the project, with the remainder owned by Nextnorth, and the companies expect to start commercial operations at the project by the end of next year.
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The owners noted that they have offtake agreements in place to sell half of the power generated at the project to a combination of AdventEnergy, PrimeRES and two retail electricity suppliers; they plan to sell the remaining production to the Philippines national grid.
The total project costs sit at US$300 million, and project financing, which was secured this week, comes from three banks: the Sumitomo Mitsui Banking Corporation, ING Bank and Standard Chartered, which are headquartered in Japan, the Netherlands and the UK, respectively. TotalEnergies claimed that the project is “the largest international financing” for a Philippines solar project to date.
“Energy security has never been more relevant for the Philippines than it is today,” said Nextnorth president and CEO Miguel Mapa, highlighting the role that renewable energy can play in delivering energy security. “With rising demand and continued exposure to imported fuels, the country needs domestic, scalable and bankable renewable capacity.”
The Philippines has experienced considerable upheaval in its energy supplies since the outbreak of the conflict in the Middle East, as it is a net importer of energy, with fossil fuel supplies from the Middle East a cornerstone of its energy mix. According to the Observatory of Economic Complexity (OEC), he country imported crude petroleum oils worth US$3.7 billion in 2024, and US$1.79 billion of this came from Saudi Arabia, with US$474 million coming from Iraq.
The disruption to the global oil and gas trade has therefore had a significant impact on the Philippines, which declared a state of emergency last month over concerns about meeting its electricity demand; figures from the country’s Department of Energy show that, without foreign imports, it would have enough natural gas to meet its own demand for just over 23 days.
Part of this declaration of a state of emergency included the fast-tracking of 1.4GW of new renewable energy capacity, of which 12 are solar PV projects with a cumulative capacity of 1.3GW. In the wake of the start of the conflict, PV Tech Premium heard from Gaurav Purohit, vice president of European asset finance at global credit rating agency, Morningstar DBRS, about how the crisis could encourage more investments into solar power, and ultimately to be of “benefit” to utility-scale solar generators.

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The last date to submit bids is May 20, 2026
April 29, 2026
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
The Punjab State Power Corporation (PSPCL) has issued a tender for procuring 250 MW of power from grid-connected solar projects for 25 years.
Bids must be submitted by May 20, 2026. Bids will be opened on May 22.
Bidders must furnish an earnest money deposit of ₹1 million (~$10,556.35)/MW, a bid processing fee of ₹300,000 (~$3,166.91) plus 18% GST, and a document fee of ₹25,000 (~$263.91) plus 18% GST.
Bidders must quote a minimum capacity of 50 MW. They can quote a maximum capacity of 125 MW.
Selected bidders must submit a performance guarantee of ₹2.4 million (~$25,335.24)/MW.
The scope of work entails setting up solar projects anywhere in Punjab and transmission networks up to the delivery point. It also entails providing operation and maintenance services for 25 years.
Successful bidders must obtain the approvals, permits, and clearances for the solar projects from central/state government agencies and local bodies.
They must provide solar-grade cables and connectors for the projects that can operate in harsh conditions for 25 years.
The tender is technology agnostic. Projects can use crystalline silicon or thin-film modules, with or without trackers. The solar modules must be warranted to deliver at least 90% of their output after 10 years and 80% after 25 years. Each solar module must have RFID-based identification and traceability.
Solar modules and inverters must comply with IEC/BIS standards.
The projects must have performance-monitoring equipment for solar radiation, temperature, wind speed, and DC/AC generation.
The solar projects must start supplying power within 24 months.
Delays in power supply beyond the scheduled commencement date will result in daily encashment of the performance guarantee for up to six months, proportional to the uncommissioned capacity. Power purchase agreements for the uncommissioned capacity will be terminated if the delays exceed six months.
Bidders must have a minimum net worth of ₹1 billion (~$10.55 million) as of the last financial year or at least seven days before the bid submission deadline.
Bidders must meet any of the following requirements:
Recently, SAEL Industries, Waaree Forever Energies (a subsidiary of Waaree Energies), MB Power (Madhya Pradesh) (a subsidiary of Hindustan Power), and JLTM Energy India (a subsidiary of Technique Solaire) won PSPCL’s auction to procure 500 MW of solar power from projects located anywhere in the country on a long-term basis.
Subscribe to Mercom’s India Solar Tender Tracker to stay on top of real-time tender activity.
Parth Shukla
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© 2026 by Mercom Capital Group, LLC. All Rights Reserved.

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Clear skies. Low around 30F. Winds light and variable..
Clear skies. Low around 30F. Winds light and variable.
Updated: May 1, 2026 @ 8:13 pm
A cow, back right, scratches on a support beam of a solar panel on Tuesday at a farm in Christiana, Tenn.

A cow, back right, scratches on a support beam of a solar panel on Tuesday at a farm in Christiana, Tenn.
CHRISTIANA, Tenn. (AP) — From a distance, the small solar farm in central Tennessee looks like others that now dot rural America, with row upon row of black panels absorbing the sun’s rays to generate electricity.
But beneath these panels is lush pasture instead of gravel, enjoyed by a small herd of cattle that spends its days munching grass and resting in the shade.
Silicon Ranch, which owns the 40-acre farm in Christiana, outside of Nashville, believes cattle-grazing is the next frontier in so-called agrivoltaics, which mostly has involved growing crops or grazing sheep beneath the panels.
The solar company debuted the project this week and will spend the next year working to demonstrate to farmers that much larger cattle also can thrive at solar sites. If successful, advocates say, that could jump-start new projects to meet the soaring electricity demand driven by rapidly expanding data centers — without contributing climate-warming carbon emissions — and help cattle producers hold onto their land and livelihoods.
“Solar is one of the most powerful tools we have for cutting emissions and … is cost-competitive with fossil fuels,” said Taylor Bacon, a doctoral student at Colorado State University who has studied ecological outcomes at solar grazing sites. “I think we’re starting to see enough research that, when you do it well, the land use can be more of an opportunity than a downside.”
Though there are far more cattle than sheep in the U.S., their size poses challenges at solar sites, where both expensive equipment and the animals, which can weigh more than half a ton, must be protected.
Solar panels often pivot to near-vertical angles to capture the sun’s rays, leaving little room underneath for cattle; simply raising the panels is cost-prohibitive because of the amount of steel required. So Silicon Ranch raised the panels a little but also developed software that workers activate to turn the panels close to horizontal when cattle are grazing, giving them room to wander, said Nick de Vries, the company’s chief technology officer.
Workers rotate the cattle — currently 10 cows and their calves — between paddocks every few days so panels on the ungrazed portion of the site operate normally, generating a supply of roughly 5 megawatts of electricity for Middle Tennessee Electric, a rural electric co-op.
Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
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The hidden financial perks of installing solar panels on your home  MoneyWeek
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Japan is once again bringing up for discussion an idea that until recently seemed like science fiction: using the Moon as a constant and clean energy source for the entire planet. According to Talent24h, the Luna Ring project involves building a ring of solar panels along the lunar equator, capable of providing Earth with uninterrupted electricity.
The plan is based on the Moon’s unique conditions. There is no atmosphere, clouds, or weather phenomena to hinder solar generation as they do on Earth. The ring of panels will stretch for 11,000 kilometers along the satellite’s equator, where sunlight is available almost continuously. This will make it possible to generate energy without the usual interruptions inherent to solar power plants.
According to the project’s calculations, Luna Ring could generate up to 13,000 terawatts—an amount that significantly exceeds current global demand. The key task is not only to collect this energy, but also to safely deliver it to Earth.
The transmission system is based on converting solar energy into powerful streams of microwaves or laser beams. These beams will be directed from the Moon to special receiving stations—so-called rectennas—located on Earth’s surface. Here, the energy will be converted back into electricity and fed into the general grid.
This approach makes it possible to overcome the main drawback of terrestrial solar power stations—their dependence on time of day and weather conditions. According to engineers, the Moon becomes a giant orbital power plant operating without interruption.
The idea for the Luna Ring emerged amid the search for new energy sources following the Fukushima accident in 2011. Japan is actively seeking alternatives to nuclear and carbon-based generation, focusing on safety and environmental friendliness. However, implementing such a large-scale project faces a number of significant challenges.
Firstly, construction costs are estimated to be extremely high. Although the necessary technologies already exist, their use on the Moon requires fundamentally new solutions. It is assumed that a significant portion of materials will be produced directly on the lunar surface—from lunar sand and other local resources, with assembly handled by robots controlled from Earth.
Key technical challenges include minimizing energy loss over vast distances, ensuring precise beam targeting, protecting equipment from space debris, and reducing project costs. In addition, efficient assembly and installation of panels must be established under conditions of low gravity and the absence of atmosphere.
The project authors are also considering other uses for lunar energy. In particular, Luna Ring could become a source of hydrogen—an alternative fuel—which would further reduce dependence on fossil resources and accelerate the transition to a more sustainable energy sector.
Despite its ambition and scale, the Luna Ring project remains at the conceptual stage. However, its discussion highlights a growing interest in finding new solutions to global energy challenges and demonstrates how far engineering thought can go in the pursuit of a sustainable future.

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US community solar developer Renewable Properties has acquired 118MW of cadmium telluride (CdTe) thin-film solar modules from US solar manufacturer First Solar.
The modules will be deployed at small-scale utility and community solar projects across 17 US states, Renewable Properties said, with the largest portion going to nine Californian projects with a cumulative 51MW of capacity. Another 20MW of modules will be allocated for four projects in New York, and 8MW will be used for three projects in Illinois. The rest will go to sites across the company’s portfolio.
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The modules in question are First Solar’s monofacial Series 7 panels, manufactured in the US. The CdTe thin-film producer currently has five operational manufacturing facilities in Alabama, Louisiana and Ohio, with a plan to develop a sixth in South Carolina by the end of 2026.
“With domestically manufactured equipment secured to execute on these projects in multiple states, we’re on track to expand solar deployment at a time when electricity demand is increasing rapidly, while the solar industry faces new challenges,” said Aaron Halimi, founder and CEO of Renewable Properties.
Renewable Properties currently has over 1.7GW of small-scale solar and energy storage projects under development in the US across 17 states, alongside a further 320MW currently under construction.
Mounir El Asmar, First Solar’s head of strategic accounts, added: “Genuinely American solar manufacturing directly enables American energy dominance. By investing in domestically produced modules, Renewable Properties is putting that principle into practice”.
First Solar is the largest solar manufacturer by capacity in the US, and the largest in the Western Hemisphere. Its CdTe thin-film technology is distinct from the majority of the global silicon-based solar supply chain, which dominates almost all other module production capacity and is overwhelmingly controlled by Chinese companies.
This technology choice has played a part in First Solar’s ability to establish a substantive US manufacturing base, as the various tariffs and other trade protection measures on solar products entering the US have focused on the Chinese-dominated silicon supply chain. First Solar has also played a part in petitioning for antidumping and countervailing duty (AD/CVD) investigations into silicon-based solar imports from Southeast Asia, which have raised hurdles for upstream US solar component supply.
Since the reelection of President Donald Trump, the company has also said it would benefit from a reduction in Federal support for US solar and greater trade protectionism. In its Q2 2025 financial report, CEO Mark Widmar said that the President’s Budget Reconciliation Bill “Places First Solar in a greater position of strength” than it previously was. The bill introduced strict Foreign Entity of Concern (FEOC) restrictions for solar projects and manufacturers, restricting the use of Chinese products or intellectual property (IP).

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by John Moritz, CT Mirror
May 1, 2026
House lawmakers passed an extension of Connecticut’s solar incentive programs on Friday over the objections of Republicans who argued that the proliferation of rooftop solar has become a costly burden on the rest of the state’s electric customers.
The legislation, House Bill 5340, reauthorizes the state’s existing residential, commercial and community solar programs through 2035. Without an extension, those programs will expire at the end of next year.
The bill includes other provisions clearing the way for the adoption of plug-in solar panels, expediting permitting and imposing a one-year moratorium on the permitting of large solar arrays in the town of East Windsor, which is home to the largest array in Connecticut.
The bill went through numerous revisions over the last week as its sponsors negotiated with representatives of the solar industry and environmental advocates over ways to contain costs for the programs while still maintaining a viable market for solar in the state.
In the end, H.B. 5340 imposes a budget target of $85 million a year for all three programs, which the bill’s authors said represented a nearly 10% saving over the programs’ historic costs. Advocates said they would accept those constraints to ensure the programs’ continuation.
“If they don’t pass a solar bill this session to extend the programs, it would be an epic failure on the part of a legislature,” said Lori Brown, the executive director of the Connecticut League of Conservation Voters.
But Republicans — who have made rising energy costs and opposition to the public benefits charge a centerpiece of their election pitch — promised to make the process painful for Democrats by eating up time debating the bill in both chambers.
Their ranks include state Sen. Ryan Fazio, R-Greenwich, who serves as a ranking member of the Energy and Technology Committee and is seeking the GOP nomination for governor. During a press conference on Thursday, Fazio disputed Democrats’ promises of savings, saying the bill would lock customers into paying for the energy produced by the new rooftop installations that are developed by utilizing the state’s solar incentives.
The contracts to purchase that excess solar power can run up to 20 years and are recovered through the public benefits charge.
“This is an unconscionable policy. It’s extraordinarily expensive,” Fazio said. “It will result in billions of dollars in new costs on the backs of consumers into the future. It’s doubling down on all the failed policies of the past that made Connecticut the second-highest cost electricity state in the entire country.”
Democrats initially planned to run the bill in the House on Thursday evening, however it was pushed off by a day due to series of lengthy debates on other bills. House Majority Leader Jason Rojas, D-East Hartford, identified H.B. 5340 as one of a handful of Democratic priorities that lawmakers planned to push through before this year’s session adjourns at midnight on Wednesday.
The House began its debate on the bill around 5:30 p.m. on Friday and quickly hit a roadblock as Republicans, led by state Rep. Tracy Marra, R-Darien, objected to the lack of a ratepayer impact statement, as is required by state law. That sent staffers scrambling to produce the necessary statement, which said that the “intent” of bill is to reduce rates. Exactly how much savings are to be had, however, depends on the how the electric utilities Eversource and United Illuminating choose to implement the programs, according to the analysis.
Marra said those calculations were implausible given the historic costs of the state’s solar programs. But after several additional hours of questioning, the House voted 99 to 43 in favor of the bill. Its next stop is in the Senate, where Fazio said he planned to lead the debate.
“I don’t know that we’ll be able to block it,” Fazio said. “But we’ll give it the old college try.”
State Rep. Jonathan Steinberg, D-Westport, the bill’s primary author and chairman of the Energy and Technology Committee, accused Republicans of distorting the narrative around the state’s solar programs by focusing on their cumulative costs over decades, rather than the annual costs that the legislation seeks to constrain.
The combined cost of the state’s solar incentives, he added, amounts to less than a penny per kilowatt hour of electricity on a customers’ bill.
“It’s sort of like refinancing your mortgage and being focused on how much you’re going to pay in principal and interest, rather than how much you pay a month, which is the thing you care about,” Steinberg said.
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Solar developers also argue that lawmakers and state officials have placed too great an emphasis on the tangible costs of the state’s solar programs without adequately researching the indirect benefits of solar that come about from reduced strain on the electric grid and lower supply costs. They support language in the bill directing the Public Utilities Regulatory Authority to make an effort to calculate those costs and incorporate them into the into future incentives.
The bill also exempts solar installations that are paired with battery storage from the new budget targets, which advocates say will help reduce periods of peak energy demand.
“If we’re making decisions just based on costs, we’re making lousy decisions,” said Mike Trahan, the executive director of the Connecticut Solar and Storage Association. “We need to consider both sides of the coin.”
Other pieces of the bill were less controversial, including a section that would allow residents to utilize plug-in solar panels of up to 1,200 watts without the approval of their local utility.
While the panels have become broadly popular in countries such as Germany, they have faced regulatory hurdles in the U.S. In the last year, Utah, Virginia and Maine have each passed laws aimed at easing their adoption.
Even without the need for utility approval, however, Steinberg and other advocates cautioned that it could be months or even years before plug-in panels become widely — and legally — available. The bill requires that any plug-in solar panels get approval from a product safety organization such as Underwriters Laboratories, as well as the state’s building and fire codes.
“The more things we add into this, for safety, actually make the cost higher and make it less of a populist option,” Steinberg said. “So we’re trying to strike that balance. I think the key takeaway is nothing really is going to happen until UL has a standard that we can all adhere to.”
The bill would also authorize a study of “agri-volatic” solar projects located on active farmland, as well as a proposal championed by Gov. Ned Lamont to create an statewide online platform to streamline residential solar permitting.
“That’s been under-the-radar a little bit, but it can go a long way to reducing the costs of solar,” Christopher Phelps, the state director of Environment Connecticut, said of the permitting language.
The bill also imposes a one-year moratorium on the approval of new grid-scale solar arrays in parts of the Connecticut River Valley where residents and officials have grown alarmed over the proliferation of solar arrays on farmland and open space.
The provision was originally tailored to include only the town of East Windsor, which is home to the 120-megawatt Gravel Pit Solar project, the largest solar array in the state. In March, the Connecticut Siting Council approved a 30-megawatt expansion of Gravel Pit Solar, over the objections of local officials.
One of the final tweaks to the bill on Friday expanded the provision to apply to neighboring Enfield, in order to draw support from state Rep. Carol Hall, R-Enfield.
The moratorium would not apply retroactively to the expansion project, but it would effectively block Gravel Pit’s owners, DESRI Holdings, from pursuing a second project, Saltbox Solar.
East Windsor First Selectman Jason Bowsza said Thursday that he’d be pushing lawmakers to make significant reforms to the process of siting large solar facilities but that he was thankful to have a pause for his town.
“I’m not going to let the perfect be the enemy of the good,” Bowsza said. “I’m grateful that we are hopefully going to see some relief this year, and as we look into the 2027 legislative session, prior to that moratorium being lifted, I’m hoping that there can be some truly meaningful policy changes that will make the whole process more equitable across the state.”
A spokesperson for DESRI declined to comment on the legislation.
Across the country, reporters and news organizations are challenged, dismissed, even targeted for doing their jobs. It’s happening to CT Mirror journalists, too. 
This year, for the first time, CT Mirror has needed to budget for security to protect our reporters at events and large-scale demonstrations where their physical safety was at risk, and even online where reporters have faced harassment.
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CT Mirror reporters run toward the hard questions. They dig into budgets, contracts, and submit near-endless information requests to uncover stories that need telling. They sit through the long hearings. They follow the facts wherever they lead. Holding power to account isn’t a slogan here — it’s our mission.
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John covers energy and the environment for CT Mirror, a beat that has taken him from wind farms off the coast of Block Island to foraging for mushrooms in the Litchfield Hills and many places in between. Prior to joining CT Mirror, he was a statewide reporter for the Hearst Connecticut Media Group and before that, he covered politics for the Arkansas Democrat-Gazette in Little Rock. A native of Norwalk, John earned a bachelor’s degree in journalism and political science from Temple University.
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Cloudy this morning with showers during the afternoon. High 62F. Winds SW at 10 to 15 mph. Chance of rain 40%..
Mostly cloudy skies. Low 39F. Winds light and variable.
Updated: May 1, 2026 @ 7:18 am

A cow, back right, scratches on a support beam of a solar panel Tuesday, April 28, 2026, at a farm in Christiana, Tenn.
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Residents and a former lawmaker are raising concerns about a solar farm near Reed Point that appears to have panels facing the wrong direction and falling off their mounts.
The 8,000-panel solar farm sits in Sweet Grass County, just off Interstate 90, and has drawn complaints from neighbors in Stillwater County who say they were not notified it was being built until construction began in December of 2017.
Watch Reed Point solar farm story here:
Marty Malone, a former state legislator and former Park County commissioner, said he noticed the problems while driving past on I-90.
“Some of the panels are heading south or west, and some of them are east,” Malone said.
Malone said the project was funded by a grant, and he wants to know whether it has been abandoned.
“My concern was this: Did the developer run out of money to maintain this thing… and who’s responsible for cleaning up the mess on that land, that property?” Malone said.
Tim Dolphay lives in adjacent Stillwater County, about 600 feet from the solar farm.
“You see solar panels facing all kinds of different directions, all different times of the day,” Dolphay said.
“Now I see that some of them are actually falling off the pedestals,” Dolphay said.
John Siemion is Dolphay’s next-door neighbor and lives closer to the site.
He said high winds from the Livingston area, which can reach 100 miles per hour, have taken a toll on the installation.
“The wind tears them up really bad,” Siemion said. “They’ve been broke more than they’ve been used.”
According to the Sweet Grass County commissioners, the company behind the project is keeping up with property taxes, but commissioners said they do not know about the maintenance status or whether the solar farm is generating electricity.
Adapture Renewables, an Oakland, Calif.-based company, is behind the River Bend Solar Project.
A woman who answered the phone said she is based in the Philippines but would pass the message along to the right people.
Meanwhile, neighbors say they feel ignored when asked if others in Reed Point share the concerns.
“I just think they got tired of saying anything about it because it wasn’t going to do any good,” Dolphay said.
This story was reported on-air by a journalist and has been converted to this platform with the assistance of AI. Our editorial team verifies all reporting on all platforms for fairness and accuracy.

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First Solar’s quarterly sales rise on higher solar panel demand  Reuters
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Escalating Middle East tensions and global energy supply risks are accelerating Europe’s shift toward solar and storage, particularly in commercial, industrial, and utility-scale segments where energy security, resilience, and price stability are becoming central investment drivers. At the same time, expanding manufacturing capacity in China and India is redirecting surplus solar and storage supply toward Europe, creating a highly competitive and increasingly selective market where long-term success depends on quality, reliability, ESG alignment, and strategic market positioning.
Image: EUPD Research
The escalation of conflict in the Middle East is once again exposing the fragility of global energy systems, where disruptions in key transit routes such as the Strait of Hormuz, responsible for nearly 20% of global oil and gas trade, are driving volatility in oil and LNG markets. For Europe, which remains structurally dependent on imported gas and LNG, this translates directly into renewed exposure to price shocks and supply uncertainty especially in more dependant European markets. These developments reinforce a broader structural shift already underway: energy security is becoming a central driver of investment decisions, particularly within the commercial and industrial (C&I) and utility segments, accelerating the adoption of solar and storage as reliable, domestically controlled energy solutions.
At the same time, this demand-side acceleration is coinciding with a rapid expansion of global manufacturing capacity, particularly in China and gradually in India, where supply is far exceeding domestic absorption. With access to the United States constrained by tariffs, origin requirements, and regulatory frameworks, Europe is emerging as the primary export destination for this growing surplus. As a result, the region sits at the intersection of strong renewable demand and rising global supply, setting the stage for a more competitive and increasingly selective market environment.
From Crisis Response to Europe-Centric Energy Transition
This trajectory follows a familiar pattern. After the disruption of Russian gas supplies, Europe accelerated renewable deployment through initiatives such as REPowerEU, with solar and storage installations rising sharply, particularly in the residential segment. The current geopolitical environment is reinforcing this transition, but with a shift in structure. What began as a policy-driven and consumer-led response is evolving into a system-level transformation, where energy security, price stability, and resilience are central to investment strategies.
Across regions exposed to fossil fuel imports, solar and storage are viewed as immediate and scalable solutions, offering faster deployment and more predictable costs than conventional energy infrastructure. Within this shift, Europe stands out due to its sustained demand, policy alignment, and continued exposure to external energy risks, reinforcing its role as the primary market where global demand dynamics are taking shape.
Europe at the Center: From Residential Surge to System-Driven Growth
Europe’s solar and storage markets continue to expand, with growth being shaped by energy security priorities. Following the disruption of Russian gas supplies, the EU-27 along with the UK and Switzerland saw a sharp rise in residential solar installations, with annual PV additions increasing from around 31 GWdc in 2021 to nearly 68 GWdc in 2023 as households responded to price volatility and supply concerns.
At the same time, a structural shift toward commercial, industrial, and utility-scale deployments has already been underway across the European markets (read more). The current geopolitical environment is reinforcing this transition, as businesses and energy-intensive industries accelerate investments in solar and storage to hedge against price volatility, secure long-term energy supply, and meet decarbonization targets. According to the EUPD Global Energy Transition (GET) Matrix^©, annual PV installations are expected to stabilise at around 70 GWdc in 2025–2026 before gradually rising toward nearly 78 GWdc by 2028, with a growing contribution from larger-scale systems.
This shift is even more pronounced in the storage market, where total capacity is projected to grow from approximately 31 GWh in 2025 to over 50 GWh in 2026, reaching around 85 GWh by 2028. While residential storage expanded alongside rooftop solar in the earlier phase, current growth is increasingly driven by commercial and industrial (C&I) and utility-scale applications. In particular, C&I storage is emerging as a critical enabler for energy cost optimisation, peak shaving, and operational resilience, reinforcing its role as a key growth segment within Europe’s evolving energy system. Survey responses from the new EUPD PV & Storage C&I EPCMonitor^© 2026 indicate that electric mobility is already a standard component of C&I offerings, with around 59% of active EPCs already deploying EV charging infrastructure.
As a result, the European market is becoming more value-driven and system-focused, where performance, reliability, and integration are now as important as cost considerations.

Europe as the Primary Destination for Global Solar & Storage Supply
As Europe strengthens its position as a leading demand center for solar and storage, it is also becoming the primary destination for expanding global supply. While China already plays a dominant role in supplying the European market, rapid manufacturing expansion in India is expected to follow, positioning it as the next major export contributor. This dynamic increasingly links global production capacity with European market demand.
In China, PV manufacturing capacity reached approximately 1,180 GW in 2025, translating to around 708 GW assuming a 60% capacity utilization factor (CUF). Output is projected to rise further to approximately 750 GW annually (with a 60% CUF) in the next five years, significantly exceeding domestic installation levels of about 320 GWdc. As domestic installations stabilise under China’s evolving energy planning frameworks and long-term capacity alignment under the 15^th Five-Year Plan, this imbalance is expected to sustain a structural export surplus.
India is moving in a similar direction, although at an earlier stage. Supported by production-linked incentives and import duties, domestic manufacturing capacity is expanding rapidly and has exceeded the local demand in 2025. By 2027, export potential is estimated to be around 188 GW, with a CUF of 60%, reinforcing its role as an emerging global supplier.
At the same time, access to the United States remains constrained by tariffs, Foreign Entity of Concern rules, and strict origin requirements, limiting the ability of many Asian manufacturers to compete freely in that market. As a result, a growing share of global solar and storage supply is being redirected toward Europe, further increasing competitive intensity.
This convergence of strong demand and expanding supply is transforming Europe into a filtering market, particularly as demand from C&I applications continues to scale. While the region remains highly attractive, its capacity to absorb excess supply is not unlimited. Instead, intensifying competition is driving greater selectivity, where success depends on meeting evolving buyer expectations around quality, reliability, and long-term performance.

From Volume Growth to Risk-Aware Procurement
As supply intensifies and competition increases, procurement in Europe’s C&I segment is becoming more selective and risk-driven. Insights from EUPD Research’s InstallerMonitor^© and C&I EPCMonitor^© across leading European markets indicate that purchasing decisions are no longer based on upfront cost alone, but on long-term performance and supplier credibility.
This is reflected in EPC responses, where 53% prioritise premium-quality equipment as a proxy for reliability, 51% emphasise extended manufacturer warranties, and 41% highlight ESG-compliant suppliers as key risk mitigation measures. Notably, over 70% of EPCs indicate a willingness to pay a 10–15% premium for solutions that offer these safeguards. Buyers are therefore prioritising premium-quality equipment alongside suppliers that demonstrate strong ESG compliance and consistent product performance, with extended warranties reflecting the importance of financial resilience and long-term bankability in ensuring system stability.
What It Takes to Win in Europe: A Three-Pillar Approach
As Europe becomes the focal point of both global demand and supply, succeeding in this selective market requires a more structured and adaptive strategy. The convergence of geopolitical volatility, supply pressure, and risk-aware procurement is redefining how suppliers approach market entry and expansion. Three strategic pillars are emerging as critical for long-term success.
Together, these three pillars define a more strategic approach to navigating Europe’s solar and storage market. In an environment shaped by volatility and increasing selectivity, companies that combine precise market prioritisation, continuous intelligence, and strong downstream alignment will be best positioned to convert opportunity into sustainable growth.
Conclusion
The current geopolitical tensions reinforce a structural shift already underway in global energy markets, where volatility, supply insecurity, and price uncertainty are accelerating the transition toward solar and storage.
Within this global context, Europe is emerging as the most competitive global destination for solar and storage supply. As manufacturing capacities in China and India continue to expand beyond domestic absorption, and access to alternative markets remains constrained, a growing share of global solar and storage supply is being directed toward Europe. However, the region’s ability to absorb this surplus is not unlimited. Instead, intensifying competition is creating a more selective market environment, where only suppliers aligned with evolving buyer expectations can secure long-term positions.
This shift reinforces the need for a more structured approach to market engagement. As conditions vary across countries and continue to evolve under geopolitical pressure, success depends on prioritising the right markets, adapting to dynamic developments, and aligning with risk-aware procurement strategies.
Ultimately, Europe’s solar and storage market is not only expanding, but becoming more complex and competitive. In this environment, companies that combine targeted market selection, continuous intelligence, and strong downstream alignment will be best positioned to navigate uncertainty and capture sustainable growth.
Authors: Daniel Fuchs and Ali Arfa
Daniel Fuchs is the Chief Customer Officer of EUPD Group. He has extensive international experience in sales, marketing, customer engagement, and strategic event management within the renewable energy and cleantech industries. His work focuses on building customer-centric growth strategies, strengthening global partnerships, and supporting market development across the solar, energy storage, and sustainability sectors. He can be reached at d.fuchs@eupd-research.com.
Ali Arfa is the Head of Data Management at EUPD Research. He is a graduate of the University of Bonn and with a background in European and North American politics. His expertise encompasses market research, policy development, and stakeholder analysis. His particular focus is on solar energy, energy storage, and strategic consultation. He can be reached at a.arfa@eupd-research.com.
The views and opinions expressed in this article are the author’s own, and do not necessarily reflect those held by pv magazine.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
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Nicholas Vincent is a passionate environmentalist and freelance writer. He is deeply committed to promoting… Nicholas Vincent is a passionate environmentalist and freelance writer. He is deeply committed to promoting sustainability and finding solutions to the most pressing environmental challenges of our time. In his free time, Nicholas enjoys the great outdoors and can often be found exploring some of the most beautiful and remote locations around the world. Read more about Nicholas Vincent Read More
What if the sun never had to set on renewable energy? That question is at the heart of one of the most ambitious clean energy proposals to emerge in recent years, and it could reshape how the world powers its most energy hungry technologies.
Artificial intelligence is consuming electricity at a breathtaking pace. Meta’s data centers alone used more than 18,000 gigawatt hours of electricity in 2024, enough to power over 1.7 million American homes for an entire year. And that demand is only climbing. The tech giant has pledged to build 30 gigawatts of renewable energy capacity, leaning heavily on large scale solar installations. The challenge, as anyone following clean energy knows, is that solar panels go dark when the sun goes down.
Battery storage is one solution, but it is expensive and difficult to scale. A startup called Overview Energy thinks there is a better way, one that involves launching a fleet of 1,000 satellites into geosynchronous orbit to collect solar power in space and beam it back to Earth as near infrared light. Existing ground based solar farms would then convert that light into usable electricity, keeping the power flowing day and night.
According to TechCrunch, Meta has already signed a capacity reservation agreement with Overview Energy for up to one gigawatt of power from the company’s spacecraft, marking a significant early vote of confidence in the technology. Overview has already demonstrated power transmission from an aircraft and plans to launch its first orbital test in January 2028, with a full commercial deployment beginning around 2030.
What makes this approach genuinely exciting from a sustainability standpoint is that it builds on infrastructure that already exists. Rather than requiring entirely new ground based systems, the technology would simply extend the productive hours of solar farms already in operation, reducing the economic and environmental cost of keeping data centers running without fossil fuels.
If Overview Energy can bring this vision to scale, it could represent a meaningful step toward a future where clean energy is truly available everywhere, all the time.
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What if your window could power your daily life ☀️ Built by innovators in Jaipur, these solar windows generate up to 200 watts daily turning ordinary glass into a clean energy source
No rooftops no bulky panels just smart technology that can charge your phone laptop and even run lights and fans making renewable energy more accessible than ever
Born from a personal setback, this idea proves that innovation often comes from challenges Because the future of energy might not be on your roof but right in front of you So here’s the question would you switch to solar windows
#Sustainability#CleanEnergy#SolarPower#Innovation#RenewableEnergy#IndiaInspires#GreenTechnology#FutureLiving#EcoFriendly#SmartHomes#SolarInnovation#ClimateSolutions#Energy
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To become a mainstream energy source, solar panels need to become more efficient, and a recent breakthrough by researchers from Kyushu University and Johannes Gutenberg University Mainz may accelerate this progress. On March 25, 2026, they reported an experiment in which their technology generated more energy carriers than the number of photons absorbed.
Their system reached a quantum yield of about 130%, meaning one photon produced more than one usable excited state. The key innovation was developing a molecule that could capture these multiplied excitons, overcoming a long-standing obstacle. The innovation centers on a molybdenum-based metal complex that creates a “spin-flip” emitter. This molecule can accept energy from triplet states —a limitation found in commercially available solar cell panels.
Traditional solar cells use a single junction in a semiconductor, and unavoidable losses limit their efficiency to about 30%. This limit exists because sunlight contains photons of different energies. Low-energy photons can’t energize electrons, while high-energy ones lose excess energy as heat. As a result, solar panels must be large to make a real impact on electricity bills.
When light hits certain materials, it creates excitons—energy states shared between an electron and its “hole.” Singlet fission allows a high-energy exciton to split into two triplet excitons. If both are captured, a single photon can do more electrical work, boosting output.
Previous experiments achieved quantum efficiencies exceeding 100% via singlet fission. However, unwanted energy transfer between molecules often limited the benefits, reducing the number of useful charge carriers. This loss, known as Förster resonance energy transfer (FRET), occurs when energy moves between molecules without producing light. By matching energy levels, the researchers directed energy into triplet capture, minimizing losses and preserving more usable energy.
The experiments, done with tetracene molecules in liquid, allowed the team to closely observe energy movement. While a quantum yield above 100% sounds like free energy, it simply means more excitations per photon—not more total power.
Energy is still conserved, like breaking a large bill into smaller ones. In theory, this could reach 200% quantum yield, but real-world losses will keep actual devices lower. These results are just a proof of concept. The next step is making solid-state devices that last outdoors.
There are no 130% efficient panels yet, but this research shows that smarter light management could eventually make solar energy more effective and affordable.
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Fourteen years ago we first heard about the Elf, a pedal/electric velomobile that could be charged via a rooftop solar panel. Well, there’s a new version on the way that’ll be cushier, more powerful, and able to seat a second passenger.
Built by Durham, North Carolina-based company Organic Transit, the original Elf was a mostly-enclosed three-wheeler that sported an aluminum frame, single seat, rear cargo compartment, vacuum-formed ABS-composite body, and a polycarbonate windshield.
It had a 750-watt permanent magnet motor powered by an 88.8-volt lithium battery pack. Although drivers could extend the range by choosing to pedal or by adding an additional battery, a single pack would take them about 30 miles (48 km) per charge.
While the battery could be charged in two hours from a standard outlet, the Elf also featured a roof-mounted 60-watt photovoltaic panel. This provided a trickle charge to the battery while the vehicle was parked – provided it was getting a good dose of sunlight.
All told, it had a claimed fuel economy of 1,800 MPGe (0.13 L/100km equivalent).
The original Elf was replaced by a 2.0 model, and Organic Transit has now announced the upcoming availability of the Elf 3.0. And just what will be so great about it?
Well, whereas the original only had front suspension, the 3.0 will have front and rear suspension. Additionally, while the 2.0 offers a 100W photovoltaic panel, the 3.0 bumps that figure up to 200W, with an option to go as high as 400W. A battery pack that’s almost twice the capacity of the original will also be standard.
And yes, drivers will now be able to take a single passenger along on the ride, in a seat located behind their own.
The vehicle will additionally incorporate a fuselage-frame structure, in which the body panels themselves create rigidity. This reportedly allows for a lighter, more open cabin. Those panels are color-molded, not painted. Plus, the vehicle will now have rearward-opening doors on the sides.
Another new feature is a programmable drivetrain, that will allow the Elf 3.0 to be classified as a Class 1, 2 or 3 mobility device or an NEV (Neighborhood Electric Vehicle) – its top speed will vary accordingly.
In fact, Organic Transit Founder/CEO Rob Cotter tells us that some 3.0’s won’t even be equipped for pedaling. “This lowers the cost for those with disabilities preventing them from pedaling, or for those that don’t wish to pedal at all,” he says.
The vehicle will also incorporate an electronic immobilizer that will keep it from moving when powered off. If it gets stolen anyways, it can be tracked by its owner.
As far as other specs go, the 3.0 will still have a 750W motor; an estimated range of 200 miles (322 km) and a fuel economy of 2,300 MPGe (0.12 L/100km equivalent); a full lighting system; a total weight of 160 lb (73 kg); and a driver/passenger/cargo capacity of 550 lb (249.5 kg). A full charge of the battery should take 2.5 hours.
Organic Transit is currently wrapping up a WeFunder to raise production funds for the first batch of 3.0’s, plus it’s also taking $50 reservations from prospective buyers. The company is aiming for a base price of US$7,500.
Source: Organic Transit

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Solar ranch in Tennessee aims to prove grazing cattle under the panels is a farmland win-win  Marietta Daily Journal
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Overcast with rain showers at times. Low near 40F. Winds WNW at 5 to 10 mph. Chance of rain 60%..
Overcast with rain showers at times. Low near 40F. Winds WNW at 5 to 10 mph. Chance of rain 60%.
Updated: May 1, 2026 @ 9:01 pm
FILE

Saratoga County reporter
FILE
BALLSTON SPA — After four years, Finlo Solar is again seeking approval from the Ballston Spa planning and zoning boards for a solar field.
In 2022, Finlo, operating as Finlo-BR II LLC, submitted an application at the same site for a 5 megawatt solar project that it was unable to complete and is now returning with a proposal for an 8 megawatt project on two adjacent, combined land parcels totaling 98.8 acres.
Finlo Solar’s Nathaniel Doyno said one reason the company is pursuing the Goode Street site is its good natural screening from roads.
This would be the fifth solar project in the town.
However, the current proposal violates the town code, and for the application to be approved, Finlo must be granted two area variances by the town’s Zoning Board of Appeals.
The first variance would be to break the 150-acre cap that the town has placed on total solar arrays in the community. Right now, about 124 acres have already been captured by arrays in Ballston Spa. The Goode Street solar project would be 52 acres, and the company is seeking a 27-acre variance.
Finlo Solar and the property owner, Garth Ellms of Ellms Family Farm, previously appealed to the town’s Zoning Board of Appeals in February.
“If we allow you to exceed the 150-acre cap, every solar company is going to come here and pose the same scenario,” Vice Chair Patrick Whitton told the applicants in February.
On Tuesday, members of the zoning board echoed the ZBA’s stance.
“It is one of those things where the town did set and currently has a limit of 150 acres,” said Planning Board member Michael Zuritis Tuesday. “I find it hard for myself… to recommend to the Zoning Board of Appeals that a variance be granted for this.”
The project site is also within a rural zoning district and would require a second variance because of its proximity to wetlands. The second requested variance was brought up during Wednesday’s Planning Board meeting.
Town code states that solar systems should not exceed 35 percent of the land area if the property is located within the watershed overlay district, which is true in this case. Finlo is seeking 49 percent coverage.
When questioned by members of the board on Wednesday, a Finlo representative said that it would not be “economically feasible” to build within the existing town code.
“I don’t see the support there for granting the variance,” said Zuritis on Wednesday, and other members of the board unanimously agreed, echoing the stand.
The Planning Board tabled the application on Wednesday after declaring itself as the lead agency for the State Environmental Quality Review Act (SEQR) review process. The application requires a mandatory coordinated review as it falls under the Type I category of the act.
The applicant will be back in front of the Zoning Board of Appeals on May 6.
Saratoga County reporter Melanie Snyder can be reached at msnyder@dailygazette.net.
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Why Bangladesh Cannot Afford To Delay Its Renewable Energy Transition – OpEd  Eurasia Review
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Burbank Water and Power officials on Friday marked the ribbon cutting of the city’s largest solar and battery storage system near Hollywood Burbank Airport.
The $17 million project includes a solar system and battery storage that are now fully operational, marking a major step toward the city’s goal of 100% zero-carbon energy by 2040, officials said.
“The project has been 15 years in the making and will deliver 2 megawatts of zero-carbon power to our community via solar and battery storage,” Mandip Samra, general manager of Burbank Water and Power, said in a statement.
The installation is located at the Regional Intermodal Transportation Center and spans about 174,000 square feet atop a parking structure, with roughly 4,260 American-made solar panels capable of powering an estimated 585 homes, according to officials.
The battery system stores excess solar energy generated during the day and releases it during peak demand periods, helping reduce energy costs and improve grid reliability.
Construction on the project was completed in April following a competitive bidding process that began in August 2023, with Baker Electric selected as the contractor, officials said.
“This project demonstrates Burbank’s commitment to a cleaner, more sustainable future for our residents,” Burbank Mayor Tamala Takahashi said.
The project was developed in partnership with the Burbank-Glendale-Pasadena Airport Authority, which operates the airport property.
“The Airport Authority is proud to partner with Burbank Water and Power to put our infrastructure to work for the community, generating clean energy right here in Burbank, where it benefits our residents and businesses most,” said Frank Quintero, secretary of the Airport Authority.
Samra said the project helps reduce reliance on transmission infrastructure, which can take years to build, while advancing the city’s clean energy goals.
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America’s family farmers are facing mounting challenges. Input costs like fertilizer and diesel are going up while international markets recede and commodity prices crater.
Despite these challenges, American farmers are resilient and resourceful. They make decisions every day that balance risk, reward, and long-term stewardship. They adapt to volatile commodity prices, unpredictable weather, and shifting markets while pragmatically evaluating new crops, technologies, and sources of income.
Today, thousands are farms are choosing to add or lease solar to stabilize their income and restore soils during this period of uncertainty. It’s an opportunity that each farmer should be allowed to consider and a decision that rests solely with the landowner.
Unfortunately, a growing number of local governments are considering—or enacting—restrictions on solar development on farmland. These policies are taking decision-making power away from farmers and limiting their ability to adapt to a changing economic landscape.
So, let’s examine how solar is supporting farmers and ranchers and debunk the arguments made by bureaucrats seeking to take choices away from America’s farmers.
From Oklahoma to California to Texas to Iowa, farmers are choosing solar not because they’re told to—but because it works.
In Oklahoma, growers are increasingly turning to solar to help deliver a financial buffer for both families and rural communities. That same story is playing out in Texas, where farmers and ranchers are using solar to weather downturns in agricultural markets and keep the land in the family.
In California’s water-strapped breadbasket, solar has become a sustainable solution for land that can no longer be irrigated. Farmers can receive stable income through solar leases without having to use precious water resources.
In Iowa, a guest column in the Cedar Rapids Gazette put it simply: “these energy sources should be seen as an added commodity for farmers to cash in on, advancing their bottom line.” For multi-generational farms, that stability can be the difference between holding onto land—or selling it. Solar has proven to be a tool for rural resilience, not replacement.
Increasingly, it is the needless restrictions that pose a greater threat to the health of farms.
In Ohio, Wayne Greier, a local soybean farmer, had hoped to access $540,000 in annual solar lease payments to help pay for his family’s mounting medical debt. However, local officials used a state law to block the solar project that Greier was relying on. Greier and many of his neighbors are now being forced to make hard decisions about how to keep the farm in the family.
Unlike other forms of development, solar helps supplement conservation and environmental protection efforts and has a far smaller physical footprint.
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At the end of 2024, only about 0.05% of American farmland has been affected by solar development according to SEIA’s of USDA data. In contrast, urban expansion and residential development accounted for 95% of farmland loss between 2001 and 2016. Golf courses alone cover over 3x more prime farmland than utility-scale solar.
Even in a long-term, high-end scenario where solar entirely decarbonizes the entire gird, the DOE estimates the land required would only be about 0.5% of contiguous U.S. land area, roughly equivalent to the area currently used for surface coal mining and far more environmentally safe.
Contrary to some internet claims, solar panels do not contain harmful levels of toxic substances. Even damaged panels would need to be abandoned for decades to extract any materials, and most projects are built with decommissioning plans in mind. Plus, solar panels can be (and regularly are) recycled.
At its core, solar is just another tool for farmers—one that doesn’t depend on rainfall, doesn’t fluctuate with global commodity markets, and doesn’t require fuel to produce value. Best of all, solar can also work in tandem with traditional crops and livestock.
Agrivoltaics—the practice of combining solar with agriculture—is opening new opportunities for farmers to do more with the same land. Sheep grazing under panels reduces vegetation management costs. Pollinator-friendly ground cover supports biodiversity and improves soil health. Crops that thrive in partial shade are using solar to maximize the value of each acre.
High-value crops like leafy greens, broccoli, peppers, strawberries, and blueberries thrive in reduced light conditions. In one study, cherry tomato yields doubled under solar panels, while water efficiency improved by 65%.
Watch what American Solar Grazing Association President Stacie Peterson said about the the colocation opportunities that farmers are utilizing:
These are farmer-led innovations, creating numerous co-benefits for farms and local communities alike. Texas’ current utility-scale solar fleet will generate $12 billion in tax revenue for local governments. In every corner of the country, solar projects are adding to the local tax base, supporting infrastructure, and improving social services.
At the end of the day, we need to trust farmers.
Trust that farmers—who have managed their land for generations—are best positioned to decide how to use it. Trust that rural communities can weigh opportunities and tradeoffs without one-size-fits-all restrictions. And trust that innovation, when it comes from the ground up, will reflect the values and needs of the people it serves.
Solar is one more tool in that tradition.
And like every tool before it, it should be up to farmers—not bureaucrats—to decide how to use it.
Article from SEIA.
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Solar panels vs rising electricity prices: which offers better long-term value?  MoneyWeek
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Bangladesh’s solar capacity is forecast to increase more than sixfold over the next decade, driven by a shift from off-grid rural deployment toward grid-connected and distributed generation, according to a new GlobalData report.
Image: World Bank, Flickr
PV capacity in Bangladesh is projected to grow from approximately 1.3 GW in 2025 to around 8.5 GW by 2035, GlobalData said, with cumulative renewable capacity expected to reach approximately 9 GW over the same period.
Mohammed Ziauddin, power analyst at GlobalData, said solar is expected to remain the primary driver of renewable expansion in Bangladesh, supported by its scalability and suitability under local conditions, though overall renewable growth is expected to remain gradual, reflecting structural and system-level constraints.
Bangladesh’s solar sector grew from an off-grid foundation built around the Solar Home System program, implemented through Infrastructure Development Co. Ltd. using microfinance networks and private sector participation to deliver rural electrification. Growth is now increasingly driven by rooftop solar in commercial and industrial segments, supported by net metering frameworks, alongside utility-scale development underpinned by tax holidays, import duty exemptions, and value-added tax relief on solar equipment.
Ziauddin said high population density and limited land availability are driving innovation in deployment models, including floating solar, solar irrigation systems, and public-private partnership frameworks for access to government-owned land.
Thermal power is projected to remain dominant. Gas-fired capacity is expected to grow from approximately 15.3 GW in 2025 to around 20.1 GW by 2035, while coal capacity is projected to reach around 7.7 GW. The Rooppur Nuclear Power Plant is expected to contribute approximately 2.2 GW of nuclear capacity by 2035.
Bangladesh has been accelerating solar procurement in recent months. The country’s power utility signed power purchase agreements for 523 MW of solar capacity in January 2026, and launched tenders for 77.6 MW of PV in April 2026. A 2.65 GW solar tender launched in March 2025 represents the largest single procurement round to date.
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May 1, 2026

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Silicon Ranch has developed a software system that rotates the panels close to horizontal when cattle are grazing, giving them room to roam.

CHRISTIANA, Tenn. — From a distance, the small solar farm in central Tennessee looks like others that now dot rural America, with row upon row of black panels absorbing the sun’s rays to generate electricity.

 
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The news comes as Virgin Media O2’s Vijay Chouhan is due to speak on the UK and Ireland PPA markets at the Renewables Procurement and Revenue Summit later this month.
May 1, 2026
Liberty Global portfolio companies egg Power and Virgin Media O2 have agreed a ten-year power purchase agreement (PPA) for the 49.9MW Grange Solar Farm in Suffolk.
The solar plant, which is due to be operational in 2027, will provide around 5% of Virgin Media O2’s total energy supply. It is the second PPA that the telecommunications company has signed as part of its move to use only renewable energy at sites where it controls the bill, following its signing of a PPA to source energy from a wind power plant owned by The Renewables Infrastructure Group in 2025.
Egg Power, which is a clean energy infrastructure investor in Liberty Global’s portfolio, acquired the rights to the 49.9MW Grange solar power plant in Suffolk late last year. The investor develops, builds, owns and operates energy projects and services.
The PPA announcement comes shortly after egg Power landed £400 million debt financing from NatWest in January this year to support its 250MW pipeline of solar and wind projects.
Related:Enviromena inks £825 million financing package to support 1GW solar PV portfolio
Ilesh Patel, who leads the egg Power business at Liberty Global, said that the agreement is a “further endorsement of our mission to become the clean energy supplier of choice for telcos and digital infrastructure providers in the UK”.
Head of energy and carbon at Virgin Media O2, Vijay Chouhan, will speak on a keynote panel ‘The PPA Pricing Reset: What It Means for the UK & Ireland’ at the Renewables Procurement and Revenue Summit in London later this month. 
Chouhan will speak alongside industry representatives on the agenda who are best-placed to advise on operating amidst increasing market pressures and procurement complexity. 
View the agenda for the Renewables Procurement and Revenue Summit, on 20-21 May in London, to find out more. Buy tickets before they run out.
Read more about:
Molly Green
Section Editor, Informa
Molly joined the team in 2024 and has led coverage on the UK sites. Now shifting to a more global view, Molly is interested in how legislation shapes market dynamics, covering the intersection of policy design, investment patterns, and energy transition pathways. 
Copyright © 2026 All rights reserved. Informa Markets, a trading division of Informa PLC.

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Milwaukee mayor announces residential solar energy campaign  WTMJ
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Essential to note here that India added a record 44.61 gigawatts of solar capacity in the fiscal year 2025-26, which was more than the double it had added in the preceding fiscal. File | Photo Credit: The Hindu
Amidst expectations of further increase in energy demand with peak summers approaching and an El Nino in sight, India could be looking at meeting its increased power requirements from the traditional coal-powered thermal plants and augmented solar power-based plants.
In fact, when the country scaled its peak demand of 256.1 gigawatts on April 25, thermal plants nearly retained its dominant position accounting for 66.9% of the generation, while solar augmented its position further to account for 21.5% of the power generated.
Published – May 02, 2026 12:38 am IST
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Silicon Ranch officially launched CattleTracker™ at the Christiana Solar Ranch in Middle Tennessee, with a ribbon-cutting ceremony attended by Silicon Ranch and Middle Tennessee Electric (MTE) leadership, local officials, animal science and ecosystem researchers, and agricultural and conservation organizations. The Christiana facility is the first commercial deployment of Silicon Ranch’s patented cattle-compatible agrivoltaics platform — and the first project of its size anywhere in the world to combine a legitimate cattle ranching operation with a commercially viable solar energy installation. Silicon Ranch funded, built, and will own, operate, and maintain the facility long-term.
“CattleTracker was born at the intersection of American energy, American manufacturing, and American farming — all areas that are under tremendous pressure to evolve and grow in this country,” said Reagan Farr, Co-founder and CEO of Silicon Ranch. “We have long believed that doing what’s right for our country, our grid, and our economy can also benefit our land, our animals, and our farmers. The innovation we celebrate today represents the tangible application of that belief and our commitment to make it possible.”
The CattleTracker™ platform was made possible by a multi-year research program led by Silicon Ranch CTO Nick de Vries, who served as Principal Investigator and developed a novel solar tracker system engineered to move into “grazing mode” — repositioning panels to allow cattle to safely graze and move freely beneath the array. Silicon Ranch was awarded two patents for the resulting technology. The project extends Silicon Ranch’s existing Regenerative Energy® program, which already operates rotational sheep grazing at its solar facilities nationally, into the beef cattle sector, while delivering energy at wholesale pricing to ensure the innovation remains financially viable for ratepayers.
“As a researcher, what’s most exciting about CattleTracker is that it brings rigor and real-world validation to agrivoltaics at a commercial scale,” said Dr. Anna Clare Monlezun, Founder of Graze, LLC and La Dolce Vita Ranch, and a member of the CattleTracker research team. “At the Christiana Solar Farm, we’re demonstrating that thoughtfully designed solar infrastructure can support normal, healthy beef cattle behavior, align with animal welfare standards, and enhance land stewardship while also delivering reliable energy.”
Middle Tennessee Electric (MTE), the largest electric cooperative in the Tennessee Valley Authority (TVA) region and the second largest in the United States, is purchasing the power and environmental attributes generated by the Christiana facility. MTE serves more than 750,000 Tennesseans across 11 counties and begins realizing cost savings immediately upon operation.
“This first-of-its-kind project is doing more than generating much-needed electricity for our service area — it’s proving a technology that supports local agriculture and helps put food on the table,” said Chris Jones, President and CEO of Middle Tennessee Electric. “At MTE, we’re proud to bring this kind of innovative solution to our members — combining reliable, affordable energy with the values that matter most to the communities we serve.”
CattleTracker™ is built entirely with U.S.-made materials and technology. Silicon Ranch partnered with First Solar, whose recently opened solar panel manufacturing plant in northern Alabama supplies the facility, and Nextpower, which manufactures the low-carbon steel tracker components at its Memphis, Tennessee facility. The research team, active in the field since 2023, includes Graze, Quanterra Systems, Colorado State University, and White Oak Pastures, with advisory support from the National Laboratory of the Rockies, DNV, University of Georgia, Michigan State University, Standard Soil & Blue Nest Beef, and SEIA. Research findings have been published in peer-reviewed academic journals. The Christiana facility also advances Silicon Ranch’s Regenerative Energy® land stewardship program, which promotes multi-species grasses, pollinator habitat, and new agricultural opportunities for family farms on its solar properties.
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RESIDENTS are being invited to an event to learn about revised plans for a proposed 64-acre solar farm in Comhampton that has met with concerted opposition.
The huge site, planned for the small hamlet between Worcester and Kidderminister, could generate enough energy to power around 7,700 homes.
Tyler Hill Consulting has organised the event to share updates and gather feedback following changes made to the proposal after earlier consultations.
The meeting will take place on May 5 at Hartlebury Parish Hall between 3pm and 6:30pm.
Solar farms have been a political battleground nationally (Image: Wychavon District Council)
In a notice advertising the event, Tyler Hill said: “We recognise that solar energy projects can deliver lasting economic, environmental and social benefits in the local community, and we have seen examples of this being delivered very successfully within the UK.”
The company has proposed a Community Benefit Fund to support local initiatives, which will be discussed at the event.
Tyler Hill Renewables first submitted plans to Wychavon District Council in September 2023 for the solar farm, which would be built near Ombersley, around nine miles from Worcester, and operate for up to 40 years.
Read more
‘Upset’ residents rally against large scale ‘prison camp’ solar farm
Here’s why people in Worcester aren’t keen on a proposed solar farm
Huge solar farm could soon be built near Worcester under new plans

Objections from residents and campaign groups have been raised over concerns that the project would be built on what is considered some of the most fertile farmland in the region.
According to a Land Research Associates report, the land is classified as predominantly grade one agricultural land.
Nikky Deakin, a resident of Comhampton Lane, said previously of the opponents: “It was not just anyone that knows us, it was all people who were affected by this, and our biggest issue with this being built on grade 1 land.”
On a dedicated website for the proposed farm, Tyler Hill Consulting say: “The proposed Comhampton Solar Farm is a carefully designed renewable energy development in Worcestershire, built to power local homes while protecting the countryside for future generations.”
The event will take place at Hartlebury Parish Hall, Waresley Court Road, Hartlebury, DY11 7TQ.
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The May 1 go-live of the Extended Day-Ahead Market (EDAM) marks the first time Western utilities can coordinate large-scale solar and storage resources 24 hours in advance, a move projected to significantly slash curtailment and boost regional reliability.
Transmission towers in East Texas.
Image: Matthew T Rader, Wikimedia Commons
The California Independent System Operator (CAISO) launched the Extended Day-Ahead Market (EDAM) today, transitioning the Western grid from simple real-time energy balancing to a coordinated 24-hour look-ahead system.  
The shift allows utilities across the West to lock in electricity deliveries a full day in advance, a process known as unit commitment, which significantly reduces the price volatility common in spot markets. 
For the solar and storage industries, this expanded footprint means excess renewable energy that might have been curtailed in California can now be scheduled for export to neighboring states where demand is high.
EIA said solar accounts for 93% of all curtailment in the California Independent System Operator (CAISO) region. In 2024, CAISO curtailed 3.4 million MWh of utility-scale wind and solar output, a 29% increase from the amount of electricity curtailed in 2023. While solar power curtailment is increasing in total generation, batteries are improving this.
PacifiCorp serves as the inaugural partner, onboarding roughly 12 GW of generation capacity across its six-state territory. A key driver of this launch is the removal of transmission “wheeling” charges between participating areas, which drastically lowers the cost of moving clean power across state lines.
Additionally, the new Day-Ahead Market Enhancements (DAME) introduce “Imbalance Reserves,” a dedicated procurement category that pays flexible resources like batteries to stand ready for the rapid fluctuations in solar output.
Portland General Electric is slated to join this fall, with major utilities like LADWP and Turlock Irrigation District scheduled for 2027.
Developers can now track performance metrics, including regional solar transfers and storage dispatch, through the Daily EDAM Report released by CAISO today.
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Solar-powered data center campus proposed in Lincolnshire, UK  Data Center Dynamics
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Homeowners usually ask about the lifespan of solar panels.
Photo Credit: iStock
Homeowners transitioning to solar energy may have questions about their new planet-friendly devices. Lucky for them, one energy expert has the answers. 
Howard Mustoe, energy editor for the Independent, said homeowners usually ask about the lifespan of solar panels. The devices are built to last between 25 and 30 years. While efficiency declines over time, most solar systems still generate 80-85% of their original capacity, even after decades. 
“You are likely to still get a decent amount of power from them and, so long as they are safely secured to your roof, they don’t need to be touched,” Mustoe wrote. 
You can save significantly on your monthly utility bill with solar energy, per the U.S. Department of Energy. Savings depend on factors like the size of your system and the amount of electricity you consume. EnergySage‘s free tools can help you get quick solar installation estimates and compare quotes. 
Want to go solar but not sure who to trust? EnergySage has your back with free and transparent quotes from fully vetted providers in your area.
To get started, just answer a few questions about your home — no phone number required. Within a day or two, EnergySage will email you the best options for your needs, and their expert advisers can help you compare quotes and pick a winner.
For homeowners with questions about warranties, Mustoe said warranties generally cover manufacturing defects and performance guarantees. To determine if your solar panels have stopped working, the energy editor said to keep an eye on output because there will likely be a significant drop. 
Solar panels benefit the environment even after use. Mustoe reminded homeowners that solar panels can be recycled at the end of their life. The energy editor referenced a report from the International Energy Agency that found that the majority of solar panel materials can be reused. 
The average person can save up to $10,000 on solar purchases and installations with EnergySage‘s free services. EnergySage also has a helpful mapping tool that shows the average cost of a home solar panel system by state and details on solar panel incentives. 
Adding battery storage to solar setups is also a great way to protect your home during outages, lower energy costs, and go off-grid. You can find more information about home battery storage options, including competitive installation estimates, with EnergySage.
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In the midst of the energy crisis hitting Cuba, electric tricycles equipped with solar panels are emerging as a cutting-edge solution.
This innovative project, led by a young entrepreneur, aims to increase the autonomy of these vehicles and minimize the need for fossil fuels. The gasoline shortage and the collapse of conventional transportation have driven this initiative.
In cities like Havana, these electric tricycles are rapidly gaining ground. Solar energy, when integrated into these vehicles, optimizes their efficiency and makes them a viable economic option for both passenger and goods transportation.
Taking advantage of the Caribbean sun, the photovoltaic cells mounted on the roof of these tricycles charge the batteries, extending their daily range and energy efficiency. This hybrid approach is the work of local visionaries who adapt technology to transportation needs.
The electric tricycles with solar panels in Cuba present themselves as a response to the acute fuel shortage. The energy crisis has left gas stations unable to offer gasoline regularly, impacting the population and businesses.
Alternatives like electric vehicles are gaining importance due to their sustainability in urban environments. Solar energy adds a crucial component, generating electricity autonomously and reducing dependence on conventional electrical infrastructure.
The system is characterized by its efficiency. The solar panels charge the battery while the tricycle is in motion or stationary, optimizing the use of energy. This local initiative is a creative response to the country’s energy challenges.
The solar tricycles use simple yet effective panels that capture sunlight, thus prolonging the autonomy of the vehicles. Although batteries remain vital, the solar panels significantly reduce their wear.
With modules ranging from 550 to 650 watts, these tricycles achieve continuous charging. The same installers build the metal structures, which also serve as protection for the vehicle.
This project is led by Yadán Pablo Espinosa, who, at 21, has created a comprehensive solar panel installation service for tricycles. The work model is collaborative, involving family members and other associates, managing to equip more than 15 tricycles in a few weeks.
Demand is increasing as users seek ways to sustain their economic activities, especially in the transportation sector. This innovation responds to the need and characteristic ingenuity of the Cuban people.
The electric tricycles with solar panels in Cuba offer clear benefits, such as greater autonomy and lower energy costs. This is crucial in a context where fuel dependency is a significant problem.
The positive impact is reflected in the ability to continue operations without interruptions, benefiting both freight and passenger transporters. Testimonials highlight the durability and efficiency of the batteries, improving mobility and supporting the local economy.
The fuel deficit in Cuba, exacerbated by economic restrictions, has made the adoption of alternative solutions urgent. Electrification and solar energy emerge as viable options to overcome current challenges.
For drivers in Havana, this technology means operating without pauses and without relying on expensive and scarce fuel. The self-generation of solar energy ensures the mobility of passengers and goods, showing the potential of sustainable transportation.
The solar tricycles represent a step forward in technological adaptation in the face of deep energy crises. The combination of accessible technology and local entrepreneurship demonstrates that it is possible to face complex challenges in an innovative way.
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A non-profit business incubator in Pittsburgh, Pennsylvania, that focuses on advancing regional energy industries now has a five-array solar system covering nearly a quarter of its energy output. This was reported by Solar Power World on April 30, 2026.
The solar installation is located on five separate roof sections of the Energy Innovation Centers (EIC) building on Bedford Avenue, just east of downtown Pittsburgh, overlooking the Allegheny River and North Shore neighborhoods. The 291-kW solar project was commemorated at the EIC on Thursday morning, with groups involved in its origination, installation, commissioning, and support in attendance. The project had been in development for seven years.
Pittsburgh Mayor Corey OConnor stated that such projects are very important to the city, noting that solar energy generally has broad support when working to grow a vibrant city. The Pennsylvania Solar Center, a non-profit group headquartered in the EIC, collaborated with the incubator’s parent organization, Pittsburgh Gateways, to originate the project. Sharon Pillar, founder and executive director of the PA Solar Center, expressed delight that the iconic facility now hosts advanced energy technology on its rooftop, describing the roof space as having been idle for nearly a century before being put to productive use.
Through its GET Solar program, the PA Solar Center assisted with the project’s initial assessment and design buildout. The EIC was part of the first cohort of organizations interested in pursuing solar through the program. During that process, it was determined that the building’s tower required re-roofing.
The EIC, a LEED Certified Platinum facility, houses tenant businesses and organizations from the sustainability, renewable energy, and energy research sectors, along with local political and community groups, and includes an energy trade school. Don Evans, president and CEO of Pittsburgh Gateways, said that sustainability means maintaining vitality in the organization, and adding 300 kW of solar capacity to the roof provides an opportunity for sustainability over the next 25 years.
Evans noted that Pittsburgh Gateways does not have a profit line but has a bottom line for operations, and the solar installation has helped stabilize some energy costs. The total project cost was $1.2 million, with approximately $750,000 allocated for re-roofing and the remainder for the solar project. Financing was provided by Bridgeway Capital, a lender for small businesses and non-profits. The solar project qualified for the federal investment tax credit (48E) and bonus adders, resulting in a total 40% tax credit. Evans stated that the economics of the project would be viable without federal tax credits, but as a non-profit, the organization values the credits and the support for solar.
Local contractor Scalo Solar installed the array, which was commissioned in December 2025. During the commemoration, speakers addressed attendees at a podium flanked by projections of real-time generation statistics from the rooftop solar arrays. Mark Heckathorne, COO and executive VP of Scalo Solar, pointed to the generation numbers and remarked that a common misconception about solar in that region is that cloudy days limit production, but solar panels generate power as long as the sun rises.
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How value is built from critical inputs through manufacturing, integration, and project delivery.
Where value is created from technology selection through commissioning, operation, and service.
The Middle East Commercial Solar Cable market encompasses all copper and aluminum conductor cables used in photovoltaic systems for commercial and utility-scale applications, including single-conductor PV wire, multi-conductor tray cable, and connectorized assemblies. The market serves a rapidly expanding solar installation base across the GCC, Levant, and North African parts of the region, with demand concentrated in Saudi Arabia, the UAE, Oman, and Qatar. Cables must meet stringent performance requirements for UV resistance, temperature tolerance, and flame retardancy due to extreme ambient conditions.
The Middle East Commercial Solar Cable market is estimated at USD 180–220 million in 2026, with a compound annual growth rate (CAGR) of 12–15% through 2035, reaching USD 500–650 million by the end of the forecast period. Growth is anchored by national solar targets: Saudi Arabia’s Vision 2030 aims for 58 GW of renewable capacity by 2030, while the UAE targets 50 GW by 2050. The commercial rooftop segment, though smaller, is growing at 18–22% annually as distributed solar economics improve. Utility-scale projects account for roughly 70% of cable demand by value.
Single-conductor PV wire (PV1-F, USE-2) represents the largest product segment at approximately 55–60% of market value, driven by its use in module-to-combiner box and combiner-to-inverter DC connections. Multi-conductor tray cable accounts for 20–25%, primarily used in utility-scale array interconnections and inverter-to-transformer AC runs. Connectorized and pre-terminated assemblies, though a smaller segment at 10–15%, are the fastest-growing due to labor savings. By end use, utility-scale ground-mount solar dominates at 65–70%, followed by commercial rooftop at 20–25%, and carport/canopy solar at 5–10%.
Commercial Solar Cable prices in the Middle East range from USD 0.40 to USD 1.20 per meter for standard single-conductor PV wire, depending on conductor gauge, insulation type, and certification. Copper raw material cost constitutes 55–65% of the finished cable price, with LME copper trading in the USD 8,000–10,000 per tonne range during 2024–2026. Polymer compound costs add 15–20%, with HFFR and UV-stabilized grades commanding a 10–15% premium over standard PVC. Logistics and distribution margins add 15–25% to landed costs, particularly for reels shipped from Asian manufacturing hubs.
The competitive landscape includes international cable manufacturers such as Prysmian, Nexans, and Southwire, which supply through regional distributors and direct EPC contracts. Specialized solar BOS suppliers like Shoals Technologies and Amphenol Industrial offer connectorized solutions. Regional manufacturers, including Riyadh Cables (Saudi Arabia) and Ducab (UAE), are expanding PV wire production lines to capture local content-driven demand. Chinese exporters such as Far East Cable and TBEA account for a significant share of low-cost imports. Competition centers on certification breadth, delivery reliability, and pricing tied to copper indexes.
The Middle East has limited domestic production capacity for certified Commercial Solar Cable, with an estimated 15–20% of regional demand met by local manufacturers. The remaining 80–85% is imported, primarily from China (50–60% of imports), India (15–20%), and Turkey (10–15%). Supply chains are characterized by long lead times (8–16 weeks from order to delivery), reliance on containerized sea freight through Jebel Ali, Dammam, and Sohar ports, and significant inventory held by regional electrical distributors. Copper rod is imported from Chile, Peru, and local smelters, while polymer compounds are sourced from European and Asian specialty chemical producers.
Regional exports of Commercial Solar Cable are minimal, as Middle East production is primarily oriented toward domestic consumption and local content compliance. Saudi Arabia and the UAE export small volumes of cable to neighboring markets such as Jordan, Egypt, and Iraq, but these flows represent less than 5% of regional production. The dominant trade flow remains intra-regional imports from Asia, with China serving as the primary source for cost-competitive PV wire. Re-exports through Dubai’s Jebel Ali Free Zone account for a modest share, serving as a distribution hub for projects in the Levant and East Africa.
Saudi Arabia is the largest market, accounting for 40–45% of regional Commercial Solar Cable demand, driven by mega-projects like NEOM and the 2.6 GW Al Shuaibah solar park. The UAE represents 25–30%, with strong demand from Mohammed bin Rashid Al Maktoum Solar Park expansions and distributed commercial rooftop installations. Oman and Qatar each contribute 8–12%, supported by utility-scale solar tenders and industrial solar adoption. Kuwait, Bahrain, Jordan, and Egypt collectively account for the remainder, with Egypt emerging as a growth market due to its 2035 renewable energy strategy targeting 42 GW of solar and wind capacity.
How commercial burden rises from technical fit toward approved deployment, bankability, and lifecycle support.
Commercial Solar Cable in the Middle East must comply with a mix of international and local standards. The UAE mandates compliance with IEC 62930 for PV DC cables and local fire safety codes (Civil Defense regulations). Saudi Arabia requires SASO certification and increasingly references NEC Article 690 for commercial installations. UL 4703 certification is commonly specified by international EPC firms for projects financed by multilateral development banks. Regional adoption of the IEC 62930 standard is accelerating, but the absence of a unified GCC cable standard means suppliers must maintain multiple certifications, adding 8–12% to compliance costs.
The Middle East Commercial Solar Cable market is projected to grow from USD 180–220 million in 2026 to USD 500–650 million by 2035, reflecting a CAGR of 12–15%. Utility-scale solar will remain the dominant demand driver, with cumulative installed solar capacity in the region expected to exceed 100 GW by 2035. The commercial rooftop segment will grow faster at 18–22% CAGR, supported by falling solar panel costs and favorable net metering policies in the UAE and Saudi Arabia. Connectorized and pre-terminated cable assemblies will capture an increasing share, reaching 20–25% of market value by 2035 as labor costs rise and project timelines tighten.
Significant opportunities exist for regional cable manufacturers to invest in UL 4703 and IEC 62930 certified production lines, capturing local content premiums of 10–20% over imported alternatives. The solar-plus-storage segment presents a high-growth niche for specialized battery interconnect cables and DC-coupled system wiring. Pre-terminated and connectorized cable solutions offer margin expansion opportunities for suppliers that can provide engineering support and custom lengths. Distribution companies that build inventory hubs in Saudi Arabia and the UAE can reduce lead times and capture market share from EPC firms seeking just-in-time delivery for large-scale projects.
A role-based view of who controls materials, manufacturing depth, integration, safety, and channel reach.
This report is an independent strategic market study that provides a structured, commercially grounded analysis of the market for Commercial Solar Cable in Middle East. It is designed for battery and storage manufacturers, power-electronics suppliers, system integrators, EPC partners, developers, utilities, investors, and strategic entrants that need a clear view of deployment demand, technology positioning, manufacturing exposure, safety and qualification burden, project economics, and competitive structure.
The analytical framework is designed to work both for a single specialized storage or conversion component and for a broader Balance of System (BOS) Component for Solar PV, where market structure is shaped by chemistry, duration, project economics, system integration, safety requirements, route-to-market, and grid-interface logic rather than by one narrow customs heading alone. It defines Commercial Solar Cable as Specialized electrical cables designed for the transmission of DC power from solar photovoltaic (PV) panels to inverters and other balance-of-system components in commercial and utility-scale solar installations and examines the market through deployment use cases, buyer environments, upstream input dependencies, conversion and integration stages, qualification and safety requirements, pricing architecture, commercial channels, and country capability differences. Historical analysis typically covers 2012 to 2025, with forward-looking scenarios through 2035.
This report is designed to answer the questions that matter most to decision-makers evaluating an energy-storage, battery, renewable-integration, or power-conversion market.
At its core, this report explains how the market for Commercial Solar Cable actually functions. It identifies where demand originates, how supply is organized, which technological and regulatory barriers influence adoption, and how value is distributed across the value chain. Rather than describing the market only in broad terms, the study breaks it into analytically meaningful layers: product scope, segmentation, end uses, customer types, production economics, outsourcing structure, country roles, and company archetypes.
The report is particularly useful in markets where buyers are highly specialized, suppliers differ significantly in technical depth and regulatory readiness, and the commercial landscape cannot be understood only through top-line market size figures. In this context, the study is designed not only to estimate the size of the market, but to explain why the market has that size, what drives its growth, which subsegments are the most attractive, and what it takes to compete successfully within it.
The report is based on an independent analytical methodology that combines deep secondary research, structured evidence review, market reconstruction, and multi-level triangulation. The methodology is designed to support products for which there is no single clean official dataset capturing the full market in a directly usable form.
The study typically uses the following evidence hierarchy:
The analytical framework is built around several linked layers.
First, a scope model defines what is included in the market and what is excluded, ensuring that adjacent products, downstream finished goods, unrelated instruments, or broader chemical categories do not distort the market boundary.
Second, a demand model reconstructs the market from the perspective of consuming sectors, workflow stages, and applications. Depending on the product, this may include DC side of PV systems (up to inverter input), Inter-array wiring within solar farms, Roof-top cable management and routing, and Underground burial from array to combiner/inverter pad across Commercial & Industrial (C&I) Solar, Utility-Scale Solar PV, Community Solar Gardens, and Solar for Commercial Real Estate and System Design & Engineering, Procurement & Logistics, Construction & Installation, and Operations & Maintenance (O&M). Demand is then allocated across end users, development stages, and geographic markets.
Third, a supply model evaluates how the market is served. This includes Electrolytic copper (cathode, rod), Polymer resins (LDPE, XLPE, EPR), Additives (stabilizers, flame retardants, colorants), and Connectors (metal contacts, housings), manufacturing technologies such as Cross-linked polyethylene (XLPE) and ethylene propylene rubber (EPR) insulation, UV-resistant and sunlight-resistant jacketing, Tinned copper conductors for corrosion resistance, and Halogen-free flame-retardant (HFFR) compounds, quality control requirements, outsourcing, contract manufacturing, integration, and project-delivery participation, distribution structure, and supply-chain concentration risks.
Fourth, a country capability model maps where the market is consumed, where production is materially feasible, where manufacturing capability is limited or emerging, and which countries function primarily as innovation hubs, supply nodes, demand centers, or import-reliant markets.
Fifth, a pricing and economics layer evaluates price corridors, cost drivers, complexity premiums, outsourcing logic, margin structure, and switching barriers. This is especially relevant in markets where product grade, purity, customization, regulatory burden, or service model materially influence economics.
Finally, a competitive intelligence layer profiles the leading company types active in the market and explains how strategic roles differ across upstream material suppliers, component and controls providers, OEMs, storage-system integrators, EPC partners, project developers, and distribution or service channels.
This report covers the market for Commercial Solar Cable in its commercially relevant and technologically meaningful form. The scope typically includes the product itself, its major product configurations or variants, the critical technologies used to produce or deliver it, the core input categories required for manufacturing, and the services directly associated with its commercial supply, quality control, or integration into end-user workflows.
Included within scope are the product forms, use cases, inputs, and services that are necessary to understand the actual addressable market around Commercial Solar Cable. This usually includes:
Excluded from scope are categories that may be technologically adjacent but do not belong to the core economic market being measured. These usually include:
The exact inclusion and exclusion logic is always a critical part of the study, because the quality of the market estimate depends directly on disciplined scope boundaries.
The report provides focused coverage of the Middle East market and positions Middle East within the wider global energy-storage and renewable-integration industry structure.
The geographic analysis explains local deployment demand, domestic capability, import dependence, project-development relevance, safety and approval burden, and the country’s strategic role in the wider market.
This study is designed for strategic, commercial, operations, project-delivery, and investment users, including:
In many energy-transition, storage, power-conversion, and project-driven markets, official trade and production statistics are not sufficient on their own to describe the true market. Product boundaries may cut across multiple tariff codes, several product categories may be bundled into the same official classification, and a meaningful share of activity may take place through customized services, captive supply, platform relationships, or technically specialized channels that are not directly visible in standard statistical datasets.
For this reason, the report is designed as a modeled strategic market study. It uses official and public evidence wherever it is reliable and scope-compatible, but it does not force the market into a purely statistical framework when doing so would reduce analytical quality. Instead, it reconstructs the market through the logic of demand, supply, technology, country roles, and company behavior.
This makes the report particularly well suited to products that are innovation-intensive, technically differentiated, capacity-constrained, platform-dependent, or commercially structured around specialized buyer-supplier relationships rather than standardized commodity trade.
The report typically includes:
The result is a structured, publication-grade market intelligence document that combines quantitative modeling with commercial, technical, and strategic interpretation.
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May 01, 2026 16:15 ET  | Source: Skycorp Solar Group Limited Skycorp Solar Group Limited
NINGBO, China, May 01, 2026 (GLOBE NEWSWIRE) — Skycorp Solar Group Limited (“Skycorp” or the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced the signing of a Share Acquisition Agreement (the “Agreement”) on April 30, 2026 to acquire the remaining 56% equity interests in Nanjing Cesun Power Co., Ltd. (“Nanjing Cesun” or the “Target”). Additionally, the Company announced it has entered into definitive Securities Purchase Agreements (the “Agreements”) with three independent institutional investors to raise an aggregate of USD3,000,000 in a private placement (PIPE) transaction.
Acquisition of Nanjing Cesun
Prior to this transaction, Skycorp held a 44% equity interest in Nanjing Cesun through its wholly-owned subsidiary, PN Sunshine Pte. Ltd. Upon closing, Skycorp will effectively hold and consolidate 100% of the Target. Nanjing Cesun is a comprehensive renewable energy company engaged in server equipment sales, inverter production, photovoltaic (PV) power station operation, and energy management systems. This acquisition seamlessly integrates Nanjing Cesun’s robust operations and revenues into Skycorp’s expanding portfolio.
Under the terms of the Agreement, the aggregate consideration for the 56% equity interest is USD20,194,720. The consideration will be satisfied through the issuance of 7,983,000 newly issued Skycorp ordinary shares, comprised of Class A and Class B shares. The share issuance price was determined to be USD2.5290 per share, based on the arithmetic average of the daily closing prices of the Company’s ordinary shares on the Nasdaq Capital Market over a 10-day trading period from April 17 through April 30, 2026. The transaction implies a 100% enterprise valuation of Nanjing Cesun at USD36,062,000, supported by an independent valuation report prepared by an independent third-party valuation firm.
The 56% equity interest is being acquired from two selling parties: Huang Weiqi and EZPower Limited. Mr. Huang directly holds a 20% equity interest in the Target and serves as the Chief Executive Officer and a director of Skycorp. EZPower Limited is a British Virgin Islands (BVI) entity holding the remaining 36% equity interest in the Target. The ultimate beneficial economic interests in EZPower are held by Mr. Huang (40%), He Xiaoer (25%), Zhang Gaokui (25%), and Lin Xiaobo (10%). Because Mr. Huang is the CEO of Skycorp and has a direct and material economic interest in the selling entities, this acquisition constitutes a related-party transaction. Consequently, the transaction was independently reviewed, negotiated, and unanimously approved by audit committee of independent directors to ensure fairness to the Company and its public shareholders.
To align with long-term shareholder value, the newly issued consideration shares are subject to strict lock-up agreements:
The transaction is subject to customary closing conditions, including Board authorization, the delivery of duly executed PRC instruments of equity transfer, execution of lock-up consents by all beneficial owners, and the prompt commencement of a comprehensive full audit of Nanjing Cesun to be completed within 90 days following the closing.
$3.0 Million Private Placement (PIPE)
Pursuant to the Agreements dated May 1, 2026, Skycorp will issue a total of 1,694,000 Class A Ordinary Shares. The purchase price is set at USD1.7703 per share. This price represents a 30% discount to the arithmetic average of the Company’s official daily closing prices on the Nasdaq Capital Market over the 10-consecutive-trading-day period from April 17, 2026, through April 30, 2026, which was calculated to be USD2.5290 per share.
The USD3,000,000 private placement is being subscribed to by three unaffiliated institutional investors:
None of the investors are affiliates of the Company, and no executive or controlling person of the investors currently serves as a director or officer of Skycorp. To ensure market stability, all newly issued Class A Ordinary Shares under this transaction are subject to a six-month lock-up period commencing on May 1, 2026. During this period, the investors may not sell, transfer, pledge, or hedge the shares without the Company’s prior written consent.
The Company intends to use the net proceeds from this offering for general corporate purposes, including working capital, business development, and potential strategic transactions.
Management Commentary
“The complete acquisition of Nanjing Cesun represents a pivotal milestone in Skycorp’s strategic expansion,” stated Mr. Huang Weiqi, Chief Executive Officer of Skycorp. “By consolidating 100% of Nanjing Cesun, we are directly integrating its robust operations, spanning server equipment, inverter production, photovoltaic power stations, and energy management system, into our renewable energy portfolio. This integration not only strengthens our revenue base and operational capabilities but also utilizes a post-transaction structure designed to strategically position the Company to leverage China domestic support policies and government grants.”
“Furthermore, the $3.0 million private placement from independent institutional investors underscores market confidence in our growth trajectory. These proceeds provide the working capital and financial agility necessary to accelerate business development and execute future strategic initiatives. Crucially, the stringent lock-up agreements across both the acquisition and the PIPE financing demonstrate a deep, shared commitment among our management, beneficial owners, and new shareholders to drive long-term value creation for our public investors,” Mr. Huang said.
About Skycorp Solar Group Limited
Skycorp Solar Group Limited is a solar photovoltaic (PV) product provider focused on manufacturing and selling solar cables and connectors. Our operations are managed through our subsidiaries, including Ningbo Skycorp Solar Co., Ltd., in China.
The Company’s mission is to become a green energy solutions provider by utilizing solar power and delivering eco-friendly solar PV products. By leveraging the Company’s expertise in solar technologies and relationships with worldwide clients, it aims to expand offerings of solar PV products and energy solutions for enterprise customers. For more information, please visit: https://ir.pnrenewables.com/.
Forward-Looking Statement
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
Skycorp Solar Group Limited
Cathy Li
Investor Relations
Email: pr@pnrenewables.com
Tel: +86 185 0252 9641 (CN)
WFS Investor Relations Inc.
Connie Kang
Partner
Email: ckang@wealthfsllc.com
Tel: +86 1381 185 7742 (CN)
NINGBO, China, April 28, 2026 (GLOBE NEWSWIRE) — Skycorp Solar Group Limited (“Skycorp” or the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar…
NINGBO, China, April 08, 2026 (GLOBE NEWSWIRE) — Skycorp Solar Group Limited (“Skycorp” or the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar…

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