[SMM PV News] EU Auctions and PPAs Drive 92 GW from 2022-2025

On March 12, the Shanxi Provincial Energy Bureau announced the "List of Wind and Photovoltaic Power Generation Projects to be Abolished in the First Batch of 2026", which proposes to abolish 22 projects with a total capacity of 147.284 million kilowatts, including the Fengrun Huairun 50 MW photovoltaic energy storage integrated demonstration project.

It is learned from the State Grid Zhejiang Electric Power Co., Ltd. that on March 10, Zhejiang's maximum output of photovoltaic power exceeded 40 million kilowatts for the first time, reaching 42.52 million kilowatts, accounting for about 49% of the real-time load of the whole society. In recent years, under the leadership of the "double carbon" strategy, Zhejiang has been accelerating the construction of a new power system and a new energy system, and new energy represented by photovoltaics has developed rapidly, and has played an important role in Zhejiang's power supply guarantee and the clean energy production and consumption process in Zhejiang. According to the data of State Grid Zhejiang Electric Power, by the end of 2025, the installed capacity of wind and photovoltaic new energy i

California-based Swift Solar has acquired the core manufacturing assets and heterojunction patent portfolio from Swiss firm Meyer Burger. The deal, which includes the transfer of Meyer Burger's specialized engineering team and executive leadership, aims to establish gigawatt-scale silicon-perovskite tandem cell production in the US. By stacking its proprietary perovskite technology onto Meyer Burger's high-efficiency HJT base layer, Swift Solar plans to surpass conventional silicon's 30% efficiency limit, potentially delivering up to 40% more power from the same physical footprint. This vertically integrated approach aligns directly with US policy goals for domestic supply chain security, offering a viable path to onshore cell manufacturing that has historically been concentrated in Asia.