Wacker to Cut 9% of Workforce by 2027
PVTIME – The German chemical company Wacker Chemie has announced plans to reduce its global workforce by 9% by the end of 2027, with the majority of job losses concentrated…
Breaking
US-India Collaboration to Strengthen India’s PV Ingot and Wafer Manufacturing Capabilities
PVTIME – US-based Linton Crystal Technology and Kolkata-based solar energy firm Websol Energy have signed a memorandum of understanding (MoU) to establish a joint PV ingot and wafer production line…
42.5GW Surge: Australia’s Rooftop PV Enters Growth Era
PVTIME – Australia’s Energy Market Operator (AEMO) has published its 2025 System Security Transition Plan, which outlines a fundamental transformation of the National Electricity Market (NEM). This transformation will see…
Sunman To Build Australia’s Largest Solar Panel Plant
PVTIME – China’s Sunman Group has announced plans to establish Australia’s largest solar panel manufacturing facility in the Hunter Valley, New South Wales, securing A$171 million in combined funding from…
Ireland Confirms €1800 Cap For 2026 Residential Solar Grants
PVTIME – Ireland’s Sustainable Energy Authority (SEAI) has officially confirmed the terms of its 2026 residential solar PV grant scheme, retaining the maximum payout at €1,800. The policy uses a…
Oman Arab Bank Backs $1.6bn Polysilicon Plant With $200m
PVTIME – Oman Arab Bank has signed a $200 million financing agreement with United Solar Polysilicon, supporting the development of the company’s polysilicon manufacturing facility in Oman. The signing ceremony…
ABB Acquires Gamesa Electric to Rejoin Solar Inverter Sector
PVTIME – Swiss electrification specialist ABB has acquired Gamesa Electric, a producer of solar PV inverters and power conversion systems (PCS), in a deal whose value has not been disclosed.…
German Solar Firm Grid Parity AG Enters Preliminary Insolvency
PVTIME – Grid Parity AG, a German company that specialises in urban and agrivoltaic solutions, has entered preliminary insolvency proceedings. The firm, which publishes industry-leading yearbooks and has advised on…
German Solar Glass Firm GMB to Close in March 2026
PVTIME – The insolvency administrators of the German solar glass manufacturer Glasmanufaktur Brandenburg GmbH (GMB) have announced that the company will cease all operations in March 2026, having failed to…
$6bn Solar-Storage Project Launches in Malaysia
PVTIME – The World Bank has announced a $6 billion investment in the Southern Johor Renewable Energy Corridor, a 4GW, 5.12GWh development co-driven by the International Finance Corporation (IFC), Johor’s…
