solar industry

Latin America’s Energy Storage Market Set to Surge to 34 GW by 2035

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Latin America’s Energy Storage Market Set to Surge to 34 GW by 2035 Latin America’s energy storage market is on the cusp of a dramatic transformation. According to Wood Mackenzie’s Latin America Energy Storage Outlook 2026, cumulative storage capacity across the region will expand from 2.5 GW in 2025 to 34 GW by 2035 – a 13-fold increase representing a 30%

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Global Solar O&M Market Reaches 348 GW as Consolidation Accelerates

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Global Solar O&M Market Reaches 348 GW as Consolidation Accelerates The global solar PV operations and maintenance (O&M) market has reached a significant milestone. According to Wood Mackenzie’s “Global Solar PV O&M Service Provider Dynamics 2026” report, assessed capacity hit 348 GW at the end of 2025, after adding 61 GW during the year. But the headline number tells

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Sweden’s solar market stabilizes as storage pushes deployment

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After two consecutive years of contraction, Sweden’s solar sector is showing early signs of stabilization, while a healthy pipeline of utility-scale projects is starting to reshape the country’s long-term generation mix. Speaking to pv magazine, Ludwig Bydén from Swedish solar association Svensk Solenergi said the market appears to be recovering from a cyclical bottom, with early

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Germany’s Renewable Market Enters a More Demanding Phase – Sunlink Insights

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Germany’s Renewable Electricity Market Enters a More Demanding Phase – What Solar Asset Owners Need to Know For more than two decades, Germany’s Renewable Energy Act (EEG) provided a stable, predictable framework for renewable investors. Feed‑in tariffs and later market premium schemes gave asset owners high revenue visibility. That era is ending. Germany’s power system

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Malaysia Offers Cash Rebate for Home Solar – A Major Boost for Residential PV

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Malaysia has taken a significant step to accelerate rooftop solar adoption. The government has announced the Sustainable Rebate and Incentive Assistance (SuRIA) Home initiative – a cash rebate scheme for household solar installations. Under the programme, homeowners will receive MYR 600 ($151.27) per kWac, up to a maximum of MYR 3,000 per household (enough for a 5 kWac system). At Sunlink

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German Storage Industry Back on Growth Path – But Uncertainty Looms

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After a significant dip in 2024, Germany’s energy storage industry has returned to a strong growth trajectory. According to the latest market analysis from the German Energy Storage Systems Association (BVES), revenue for storage companies based in Germany increased by 31% in 2025 to reach €15.2 billion – nearly back to the 2023 peak. For 2026, BVES forecasts

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EU Solar and Storage Push Could Cut Power System Costs by Nearly Half – What the Solar+ Scenario Means for Europe

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At Sunlink (Xiamen), we track European energy policy closely because it shapes global solar demand and innovation. A new report from SolarPower Europe, modelled by Rystad Energy, delivers a striking conclusion: accelerating solar PV and battery storage deployment could cut EU power system operating costs by 49% compared with 2025 levels – while saving €223 billion in gas imports

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Scientists identify new loss factor in tracker-based PV plants on slightly undulating terrain

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Researchers at the Polytechnic University of Madrid claim to have identified a new source of underperformance in ground-mounted PV plants utilizing solar trackers. “We initiated this work after receiving several queries at IES-UPM questioning why the irradiance gain of trackers in utility-scale PV plants was lower than that estimated during the design phase,” corresponding author Juan Santamaría Sancho

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Brazil adopts legal framework for battery storage

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Brazil has introduced a series of regulations and incentives for battery energy storage systems (BESS) published under Law 15.269 on November 25. The law outlines electricity storage as an independent entity to be regulated by Aneel, Brazil’s electricity regulatory agency, alongside production, transmission, distribution and commercialization activities. It stipulates that the regulation of storage may

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Italy issues new rules for PV project siting, solar fiscal breaks

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The Italian Council of Ministers approved on Friday a new decree introducing new provisions relating to the Transizione 5.0 tax credit and the identification of suitable areas for large-scale wind and solar projects.  As for the tax break, the government has decided to anticipate the deadline for submitting applications to November 27, with the previous date being December

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