Silver prices forecast to strengthen further this year
The Silver Institute has said the amount of silver used for manufacturing is set to fall this year, driven by developments in the solar sector. The institute also says the silver market will remain in deficit for the sixth consecutive year. Philip Newman, Managing Director of independent research consultancy Metals Focus, told pv magazine the fact prices have recovered quite well after the end-January correction demonstrates the underlying strength of investor interest in silver.
Canada adds only 57 MW of utility-scale solar in 2025
The Canadian Renewable Energy Association is forecasting Canada’s cumulative solar capacity, which stands at 5.4 GW today, could surge to around 21 GW by 2035, driven by a healthy procurement pipeline across most provinces. Official deployment figures for behind the meter solar installations last year, which are driving Canada’s solar market today, are yet to be finalized.
TotalEnergies signs 1 GW of solar PPAs for Google’s Texas data centers
The two 15-year power purchase agreements cover a 805 MW and a 195 MW solar project, set for construction this year, that will power data centers in Texas belonging to Google.
U.S., Europe on track for 2030 solar goals despite pipeline gaps
A report from McKinsey and Company says the relative ease of building out solar projects means the U.S and Europe are likely to meet their end-of-decade deployment targets, despite current pipeline gaps of around 205 GW and 181 GW.
Global solar corporate funding reached $22.2 billion in 2025
While global solar corporate funding in 2025 fell to the lowest level recorded since 2020, deal count rose to its highest level since 2017. Mercom Capital Group says investors favored smaller, lower-risk, execution-ready projects last year amid policy uncertainty, trade pressures and higher financing costs.
Solar accounted for 7.24 million jobs in 2024
The International Renewable Energy Agency’s annual review into employment finds solar held over 43% of global jobs in the renewable energy sector in 2024.
U.S. withdraws from IRENA
Director-General of the International Renewable Energy Agency, Francesco La Camera, says the “door for continued cooperation remains open” following announcement the United States is withdrawing its membership.
Huawei, Sungrow lead Wood Mackenzie’s inverter market ranking
Wood Mackenzie’s first-half 2025 solar inverter ranking finds the top 10 leading inverter manufacturers have a 71% global market share.
U.S. market on course to hit 737.8 GW of solar by 2035
GlobalData’s latest analysis says the U.S. will add between 41 GW and 52 GW of solar annually until 2035.
Silver hits record high of $83.62 an ounce
Silver prices have surged to record levels over the past week, surpassing $80 an ounce after China said it plans to restrict silver exports in 2026.
