Key Takeaways Electricity prices are soaring amid the AI data center buildout.Energy demand is likely to accelerate.Natural gas and solar power are best positioned to meet accelerating power needs. US Electricity Prices are Set to SoarSince 2020, the average electricity price per kilowatt-hour in the US has soared from $0.133 to $0.188, a 30% increase in just the past 5 years. In the next few years, many experts fear that the United States will face an electricity crisis (although one can argue it’s already ...

TUCSON, Ariz., Dec. 01, 2025 (GLOBE NEWSWIRE) -- via IBN — Lelantos Holdings, Inc. (OTCID: LNTO) (“Lelantos” or the “Company”), a diversified holdings company, today announced plans to expand its business activities into several new market verticals that complement its existing operations and support the company’s long-term growth strategy. Lelantos is currently pursuing opportunities in: Mineral MiningAggregate MiningSilica Production These sectors align with the company’s operational strengths and are exp ...

Canadian Solar, headquartered in Kitchener, Canada, will hold a 75.1% controlling stake in CS PowerTech, which will operate U.S.-based manufacturing and sales of solar modules, solar cells, and advanced energy storage systems. Additionally, Canadian Solar will acquire from CSI Solar, at fair market value based on third- party appraisal, 75.1% ownership of certain overseas facilities that support U.S. operations. The total consideration for these assets is approximately $50 million, subject to a one-time val ...

Core Insights - T1 Energy Inc. (NYSE:TE) has seen a significant stock increase of 16.72% to $3.84 following a meeting between its CEO and US Vice President JD Vance, focusing on American energy and manufacturing [1][3] Company Developments - The CEO, Dan Barcelo, has expressed a strong commitment to supporting energy development in the US [2] - T1 Energy is accelerating the development of its 2.1 GW solar cell fabrication facility, G2_Austin, with an estimated investment of $400 million to $425 million, aiming for production to start in Q4 2026 and creating approximately 1,700 new jobs [3] - T1 Energy also operates the G1_Dallas solar module facility in Texas, which is expected to produce between 2.6 and 3 GW of solar modules by 2025, making it one of the most advanced solar manufacturing plants globally [4]

Core Insights - First Graphene Limited has entered an exclusive Licence Agreement with Halocell Australia to manufacture, market, and sell graphene-enhanced carbon paste [2][3] - The 12-month Agreement grants First Graphene global exclusivity over the development and sale of the PureGRAPH product, with Halocell receiving a 10% royalty on sales [3] - The graphene-enhanced carbon paste is already utilized in Halocell's perovskite solar cells, which have achieved over 30% efficiency and reduced production costs [4][5] Market Applications - The carbon paste is preferred over traditional conductors like gold due to significant cost reductions while maintaining high performance [5] - There are 44 additional devices identified across various sectors, including satellite, aerospace, IoT, electronics, and renewable energy, that could benefit from the PSC technology [6] - The graphene-based carbon paste can be applied to various conductive applications such as heating systems, sensors, ceramic coatings, and electrodes [7] Manufacturing and Development - Manufacturing of sample graphene-enhanced carbon paste at First Graphene's Henderson facility is planned to commence within the next month [7] - The partnership aims to leverage existing carbon paste intellectual property to meet growing product demand for PSCs [8] - The carbon paste market is projected to more than double to approximately US$2.8 billion by 2032, highlighting the potential for multiple applications [10]

“We should not expect the anti-involution can be achieved in just one or two days” said Lin Jianwei, CEO of Jolywood (Suzhou) Sunwatt https://t.co/eN6fgj8JlL ...

Summary of China Solar Profitability Tracker - November 2025 Industry Overview - The report focuses on the solar industry in China, particularly the dynamics of upstream and downstream segments, including pricing trends and profitability metrics for various solar components [1][3][5]. Key Highlights Pricing and Profitability Trends - Upstream wafer and cell prices declined by an average of 5% in November compared to October, attributed to a 70% increase in inventory in the solar cell segment amid weaker downstream demand [3][5]. - The production across the solar value chain is expected to decline by an average of 6% month-over-month in November, with the poly segment experiencing a significant drop of 16% [3][5]. - Despite a lower production-to-demand ratio of 110% in November (down from 116% in October), producer-side inventory days are projected to increase to 38 days from 33 days [8][10]. Export and Demand Dynamics - Cell and module export volumes decreased by 1% and 24% month-over-month, respectively, primarily due to reduced restocking activities as the overseas peak demand season concludes [3][5]. - The shift in procurement demand from India to Southeast Asia has also impacted export volumes [3]. Market Valuation and Risks - The market is currently pricing in solar component prices at Rmb57/kg for poly, Rmb1.8/pc for wafers, Rmb0.66/w for cells, and Rmb13/sqm for glass, indicating a potential downside risk of 33% for the coverage [3][13]. - The ongoing anti-involution campaign and restrictions on below-cost pricing are expected to only mildly improve the pricing outlook for poly, with downstream players likely needing to reduce selling prices to maintain market share [4]. Profitability Metrics - November's spot price implied cash profitability deteriorated in upstream segments while improving in downstream segments [5][7]. - The average cash gross profit margin (GPM) for Tier 1 poly is reported at 34%, with a decrease of 1 percentage point month-over-month [7]. Additional Insights - The report suggests a preference for investments in film, high-efficiency modules, and granular poly, while advising against investments in glass, rod poly, and certain wafer and equipment manufacturers [4]. - The analysis indicates that normalized profitability in the mid-to-long run is expected to remain low unless there is a reduction in Tier 1 capacity [4]. This summary encapsulates the critical insights from the November 2025 China Solar Profitability Tracker, highlighting the current challenges and dynamics within the solar industry.

Summary of the China Solar Industry Conference Call Industry Overview - **Industry**: China Solar Industry - **Date**: 21 November 2025 Key Points Polysilicon Market - The price of monograde polysilicon remained stable at **Rmb52/kg** as of the week starting 17 November, showing no week-over-week (WoW) change [2] - Inventory levels for polysilicon increased by **1% WoW** to **27.1kt** [2] - Monthly polysilicon production is forecasted to decline by **12% month-over-month (MoM)** to below **120kt (52GW)** in November due to weaker demand and production cuts in Sichuan and Yunnan during the low hydropower season [2] Wafer and Cell Prices - N-type wafer prices decreased by **1.5%** for M10 and **1.8%** for G12, now at **Rmb1.28** and **Rmb1.60** per piece respectively [3] - TOPcon cell prices fell by **1.7%** for M10 and **3.3%** for G12, now priced at **Rmb0.30** and **Rmb0.29** per watt respectively [3] - Module prices remained unchanged at **Rmb0.69** for TOPcon and **Rmb0.76** for back contact [3] - November module production is expected to drop by **4% MoM** to **50.5GW** [3] Solar Glass Market - Solar glass prices remained stable at **Rmb12.75** for 2.0mm and **Rmb19.75** for 3.2mm [4] - Inventory levels for solar glass increased by **9.7% WoW** to **28.13 days** [4] - The price of soda ash remained unchanged at **Rmb1,330/t** [4] Risks and Opportunities - **Downside Risks**: - Slower-than-expected growth in installed domestic renewable energy (RE) capacity [20] - Larger-than-expected tariff cuts for RE projects [20] - Increased competition from other power resources due to future power reforms [20] - **Upside Risks**: - Faster-than-expected growth in installed domestic RE capacity [21] - Smaller-than-expected tariff cuts for RE projects [21] - Market share gains for solar energy compared to other power resources under future reforms [21] Additional Insights - The report emphasizes the importance of monitoring inventory levels and price trends in the polysilicon, wafer, cell, and solar glass markets as they are critical indicators of industry health and future production capabilities [2][3][4] - The current market dynamics suggest a cautious outlook for the solar industry in the short term, with potential for recovery depending on demand and policy support [20][21]

Core Points - SunPower Inc. received a deficiency notification from Nasdaq for not timely filing its Q3 Form 10-Q for the quarter ended September 28, 2025 [1] - The company has 60 days to submit a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1) [1] - The delay in filing the Q3 Form 10-Q was due to the need for additional time to compile and process information [2] - SunPower anticipates filing the Q3 Form 10-Q during the week of November 24, 2025 [2] Company Overview - SunPower Inc. is a leading residential solar services provider in North America [3] - The company offers a digital platform and installation services to support customers transitioning to energy-efficient lifestyles [3]

Core Insights - Solar energy is recognized as a profitable sector with substantial profits and rapidly increasing demand, indicating a strong market position for companies involved in solar technology [1] - The nuclear energy sector is in its early stages of development, suggesting potential growth opportunities as it begins to expand [1] Industry Summary - The solar industry has demonstrated its ability to generate real profits, supported by a growing demand for renewable energy solutions [1] - Nuclear energy is positioned for growth, with the industry just starting to gain traction, which may lead to future investment opportunities [1]