Latest Trends and Developments in Solar Photovoltaics: Key Insights and News Highlights

Latest

Solar Photovoltaic News Highlights

1. Nearly 800 Renewable Energy Projects Halted Due to Delays
Recently, several provinces, including Shanxi, Ningxia, Shaanxi, and Fujian, have conducted inspections on the construction of renewable energy projects, resulting in the cancellation of 789 projects, including photovoltaic projects with a combined capacity of approximately 32.7 GW and wind power projects totaling about 7.81 GW. The main reasons for the cancellations include delays in starting construction and inability to connect to the grid on time.

2. Guizhou Plans Off-Peak Electricity Pricing
On May 16, the Guizhou Development and Reform Commission announced a proposal to adjust peak and off-peak electricity pricing. The proposed off-peak period is set from 1:00 PM to 2:00 PM, with rates reduced by 60% to encourage users to shift energy consumption.

3. Hitech New Energy to Invest in Indonesia
On May 19, Hitech New Energy announced a change in the use of part of its fundraising, redirecting a total of 147 million yuan originally intended for the expansion of its research and development center and a 10 GW TopCon high-efficiency photovoltaic battery project to invest in a 2 GW solar cell and 1 GW module project in Indonesia.

4. China’s Solar Battery Production Reaches 71.93 GW in April
According to the National Bureau of Statistics, the production of solar batteries in April reached 71.93 GW, marking a year-on-year increase of 33.4%. From January to April, the cumulative production was 239.06 GW, reflecting an 18.8% increase compared to the same period last year.

5. SEG Solar Launches 2 GW Solar Cell Factory in Indonesia
SEG Solar has officially launched its first solar cell production plant in Indonesia with an initial capacity of 2 GW. This facility will produce highly efficient n-type solar cells with an average conversion efficiency of 26.4%.

6. Zhejiang Haining Surpasses 1 Million kW in Solar Power Output
Haining’s photovoltaic power output has exceeded 1 million kW for the first time, reaching a maximum output of 1.00833 million kW, which accounts for 51.3% of the local grid’s load during that period. Haining is known as one of the earliest and fastest-growing regions for solar energy development in China.

7. Longi Green Energy Partners with Yinson in Peru
Longi Green Energy has partnered with global energy leader Yinson Renewables to supply 53.2 MW of high-efficiency Hi-MO9 modules for a benchmark ground project in Peru.

8. New Energy Project Announcements in Yunnan
On May 19, the investment主体 for the new 50 MW photovoltaic project in Yunxian was announced, with a total estimated investment of 200 million yuan. The project is expected to generate approximately 67.5 million kWh annually.

9. Major Breakthroughs in Photovoltaic Technology
During the recent New Energy Power Development Forum, advancements in tracking structures and flexible supports for photovoltaic systems were discussed, highlighting their significance in the evolution of the solar industry.

10. US Renewable Energy Capacity Reaches 98% in Q1 2025
According to recent data from the Federal Energy Regulatory Commission (FERC), nearly 98% of new electricity generation capacity added in the US during the first quarter of 2025 came from solar and wind energy.

11. Six Major Power Companies Expand New Energy Bases
Under the backdrop of steadily advancing carbon neutrality goals, six major power companies have increased their efforts in developing large-scale renewable energy projects, totaling approximately 400 GW in planned capacity.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/latest-trends-and-developments-in-solar-photovoltaics-key-insights-and-news-highlights/

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