Chinese PV Industry Brief: Fox ESS, Gold Electronics plan IPOs in Shenzhen
The Shenzhen Stock Exchange (SZSE) has approved a plan by Fox ESS to raise more than CNY 1.6 billion ($223 million) through a share sale, while Hangzhou Gold Electronics has secured clearance to seek up to CNY 850 million for its battery management system (BMS) business.
US solar tax credits cut electricity bills by $51 billion per year, says SEIA
US federal solar tax credits cost the United States $25 billion per year, but deliver $51 billion in electricity bill savings, along with $12 billion in federal tax revenue and $3.7 billion in state and local taxes, according to the Solar Energy Industries Association (SEIA), the Brattle Group, and the University of Louisiana
Enfinity closes $245 million for 22 GW solar-storage portfolio
Enfinity Global has secured a $245 million credit facility expansion to fund development, construction, and operation of its 22 GW solar and energy storage pipeline across the United States.
‘It’s not enough to open doors, we must ensure women are supported once they’re inside’
This week Women in Solar+ Europe gives voice to Yana Hryshko, Managing Consultant, APAC, Head of Global Solar Supply Chain Research at Wood Mackenzie. She says that PV industry in China the gender divide, while still present, feels less rigid than in Europe. “Women are active across various departments, including engineering, manufacturing, QA, sales, and research,” she states. “Although men remain the majority, the gap feels narrower than in Europe.”
Germany to introduce new product standard for plug-in solar devices
The standard is intended to regulate basic safety requirements and testing. However, an international standard is currently being developed that reaches partially contradictory results. The German Commission for Electrical, Electronic & Information Technologies, however, is taking a relaxed view of this.
Tonalli solar panel factory inaugurated in Mexico with capacity to produce 200,000 units a year
The new plant, located in Puebla, aims to supply solar energy to schools, rural communities and the agricultural sector, with an investment of more than MXN 325 million and the generation of more than a thousand jobs.
Transmission delays threaten growth of PV projects in Colombia
Although Colombia added 13 new solar farms in the first quarter of 2025, national grid operator XM Compañía de Expertos warns that transmission infrastructure delays threaten the deployment of projected solar capacity.
British and Irish BESS investors make big moves in Japan
Gore Street Capital’s Japanese fund buys its first battery energy storage system (BESS) project, while Ireland’s GridBeyond begins energy trading in Japan with front-of-the-meter asset.
Argentina reaches nearly 2 GW of installed PV capacity
According to the latest monthly report for May, issued by CAMMESA, solar power reached 1,933 MW, representing 4.4% of the total. A total of 46 MW was commissioned in the month in question.
Solar records in UK and Germany as cold snap hits Eastern Europe
In a new weekly update for pv magazine, Solcast, a DNV company, reports that record irradiance in western Europe boosted solar output in May, while low pressure and Arctic air suppressed irradiance and temperatures in the east.
