[SMM PV News] 'SMA Solar' Reports Slight Revenue Decline and Widening Losses for Fiscal Year 2025

ELQ has announced an investment of up to €2.5 billion to build up to 2 GW of new energy infrastructure in Ukraine. Supported by US and Arab partners, construction of the initial installations will begin in Q2 2026. Sołtysiak stated the company refuses to wait for the war to end, aiming to actively participate in the first phase of rebuilding Ukraine's heavily damaged power grid. The initiative aligns with broader recovery efforts, including a February 2026 World Bank estimate placing Ukraine's decade-long reconstruction costs at $588 billion, and a July 2025 EBRD mechanism to mobilize €1.5 billion for new renewables. Through its newly registered subsidiary, ELQ UKRAINE, the firm plans to supply autonomous energy to critical social infrastructure like schools and hospitals.

New figures from Austria's energy regulator, 'E-Control', reveal the country installed 1,634 MW of new 'PV' capacity in 2025, a 22% decline from 2024, bringing its cumulative capacity to 9.9 GW. 'PV Austria' warned that annual additions must consistently hit 2 GW to reach the nation's 100% renewable electricity goal by 2030. Industry experts blame the slowdown on the government's early abolition of the 'VAT' exemption for small rooftop systems, 'stop-and-go' funding policies, and grid expansion delays. To revive the market, installers are urgently calling for streamlined storage regulations, proportionate fire safety rules, and dynamic grid fees to support a combined solar-plus-storage approach.

Hongyuan Green Energy has signed a restructuring investment agreement to acquire control of Wuxi Suntech Solar Power. Utilizing a 'new entity plus asset transfer' structure, Hongyuan will invest CNY 630 million for a 63% stake in the newly formed 'New Suntech', effectively isolating the original entity's massive historical debts. The acquisition grants Hongyuan access to Suntech's established global brand, international sales channels, and 7.5 GW of combined cell and module manufacturing capacity, which it plans to upgrade to n-type 'TOPCon' technology.