Latest international news on photovoltaics 3.9

Since March 2026, the dynamics of the international photovoltaic energy storage market have been frequent, mainly focusing on the policy shift in Europe, the launch of large-scale projects in emerging markets, and the concentration of Chinese enterprises in securing overseas orders.

1. European Market: Policy Tightening and Project Boom Occurring Simultaneously

In March, the European market witnessed two distinct trends: policy-driven local manufacturing and accelerated project implementation.

• The EU introduces "local content" regulations: The European Commission has passed a legislative proposal ("Industrial Acceleration Act") requiring photovoltaic projects that receive public funding to use inverters and solar panels manufactured in the EU, and battery storage systems (BESS) must be produced within the EU. This regulation is more stringent for battery storage systems, and plans to mandate the use of battery management systems manufactured in the EU within one year.
• Several gigawatt-scale projects have been implemented in Eastern Europe: Romania has become a new hotspot in the European energy storage market. Independent power producer Enery has finalized a 460 million euro financing for its over 1 GWh photovoltaic-storage project; Jordanian developer Mass Group plans to invest 1 billion euros to build a 2.5 GW energy storage project; Eurowind Energy has also initiated the construction of a 116 MWh energy storage project.

2. The Americas Market: Massive Financing and Auction Expectations

In the Americas region, significant developments were also reported in March, ranging from project financing to national-level tenders, all of which were positive.

• Project financing secured for Texas project in the US: US-based Origis Energy has raised $545 million in project financing for its solar-plus-storage combination project in Texas. The total scale of these projects includes 450MW of solar power and 150MW of energy storage, and they are expected to be operational by the end of 2026.
• Brazil's energy storage auction attracts major players to compete: The Brazilian federal government plans to hold the first round of battery energy storage capacity auction in April, expecting to purchase 2GW of capacity. This will trigger an investment of up to 13.9 billion reais (approximately 18.6 billion RMB). Chinese energy giants such as BYD, CATL, Huawei, and Suntech Power are actively planning their strategies to secure a share in the bidding process.

3. Chinese Enterprises Going Global: Double in Orders and Capacity

In March, Chinese solar and storage enterprises disclosed significant progress in the overseas market, not only in terms of order volume but also in their strategy for exporting capacity.
Massive orders signed in a concentrated manner:

• Ripplan Junen signed agreements with 7 European partners at the International Renewable Energy Exhibition in Italy. Over the next two years, it will deliver a total of 8.3 GWh of energy storage systems.
• SunPower has signed a framework agreement with Swiss developer Delta Capacity, under which it will provide 1 GWh of PowerTitan 2.0 energy storage systems for projects in Europe.

"Capacity Export" Accelerates Layout: Sunergy Power recently announced the establishment of its first European manufacturing plant in Poland, with a planned annual production capacity of 12.5 GWh of energy storage systems; at the same time, it initiated the construction of a 10 GWh battery energy storage equipment manufacturing plant in Egypt, marking that Chinese enterprises are shifting from "product export" to an integrated output of "technology + manufacturing + services".

4. Trends in Emerging Markets: Brazil and Africa Make Progress in Multiple Areas

Apart from the mainstream markets in Europe and America, emerging markets also demonstrate great potential.

• The Brazilian market is heating up: In addition to the aforementioned auction expectations, Huawei has confirmed that it will supply batteries for a renewable energy micro-grid project in the Amazon region of Brazil. The total investment for this project is approximately 114 million RMB, and it is expected to become the largest energy storage system project in Brazil.
• African project launch: Shenzhen RelyEZ Electric Co. and Weihai International signed a joint implementation agreement for the photovoltaic energy storage project in Burkina Faso. This marks the substantive start of Chinese enterprises' cooperation in new energy in Africa.

Summary: In the international photovoltaic storage market in March, a pattern of "policy-driven, project-driven, and Chinese enterprises leading" was observed. Europe and the United States achieved the return of manufacturing through policy guidance, while the huge project demand attracted fierce competition among global supply chains led by Chinese leading enterprises.