The Japanese government has been urged to triple its installed renewables capacity to at least 363GW by 2035 to achieve its 2050 net zero target.
Australian energy major AGL Energy and solar PV recycling group Elecsome have signed a memorandum of understanding (MoU) to create a solar module recycling plant in the Hunter Valley, New South Wales (NSW).
US power company NextEra Energy Resources has begun construction of a 310MW solar PV plant in Texas, US.
Solar frame producer Origami Solar has signed three deals with US steel manufacturers to produce its steel module frames in a move which it said “finalised a fully American supply chain.”
UAE state-owned renewable energy developer Masdar has reached an agreement to buy a 67% stake in Greece’s Terna Energy.
In this year’s ultraviolet-induced degradation (UVID) testing, engineering advisory and test services provider Renewable Energy Test Center (RETC), has noticed that 40% of modules tested have returned with a red flag result.
Europe boasts more than 82GW of annual inverter production capacity, but EU inverter companies’ market share in the continent is shrinking due to a lack of domestic support policies and fierce competition from Asia — especially China — accounting for only 21% as of 2023, according to trade body SolarPower Europe.
Ensuring effective legislation, but not getting bogged down in bureaucracy, could make or break the EU’s Net Zero Industry Act (NZIA), which is set to come into effect this year.
660GW of solar PV capacity will be deployed in 2024 as market demand responds to sustained low module prices, according to polysilicon market researcher Bernreuter Research.
A leading German solar distributor has predicted “crazy” ongoing pricing pressures in Europe as the PV industry continues to face huge product oversupply and competition prompted by the easing of the recent energy crisis in Europe.
Solar manufacturer Qcells has partnered with Lumet, a specialist in solar cell metallisation technology, to reduce the cost of its cell production lines.
The US government has proposed new regulations regarding tax credits for the owners of renewable energy and energy storage facilities eligible for support under the Inflation Reduction Act (IRA).
