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The U.S. Department of Energy has updated its solar photovoltaic system cost benchmarks, offering a key reference point for the global solar industry. The data highlights where hardware and soft costs stand today across residential, commercial, and utility-scale segments.
The U.S. electric grid is heading for a record-breaking year, with 86 GW of new utility-scale capacity planned for 2026 according to EIA data. Solar and battery storage will account for nearly 80% of all additions, accelerating the country's energy transition as renewables hit 26% of total electricity generation.
India-based Inox Clean Energy is in talks to acquire Boviet Solar from Chinese parent company Ningbo Boway Alloy Material. The deal would transfer 100% ownership to INOX Solar Americas, the U.S. arm of Inox. This move signals growing Indian ambition in the global solar panel market.
Fossil fuels are losing ground globally as solar, wind, and electric mobility surge ahead. The energy transition is no longer a distant prospect — it is reshaping power markets, transport, and household energy choices right now.
The European Commission is moving to exclude inverters from so-called high-risk suppliers — predominantly Chinese manufacturers — from all EU-funded energy projects. The decision is driven by cybersecurity concerns over potential interference with power grids and critical infrastructure. Ongoing projects may still qualify for EU funding if registered by 1 May and submitted for a decision by 1 November.
A Massachusetts federal judge has issued a preliminary injunction halting five Trump administration orders that were obstructing solar and wind energy development under federal oversight. The ruling is a significant win for the US renewable energy sector.