The dynamics of solar supply in the US are continuing to shift.
US President Joe Biden has announced a series of tariffs directed towards Chinese goods, including solar cells.
The government of Serbia has signed a memorandum of understanding (MOU) with Chinese firm Hunan Rich Photovoltaic Science and Technology to build a 1GW solar module production facility in Serbia.
Global module prices are unlikely to fall much further and could begin to stabilise, the chairmen of two of China’s largest PV manufacturers, Trina Solar and JinkoSolar, have said.
The US Energy Information Administration (EIA) has published its latest Short-term Energy Outlook, which expects solar to be the driving force behind a slight growth in the US’ total electricity generation capacity.
Demand for solar modules has dipped in Europe since February, and both installation rates and prices have fallen, according to data from solar trading platform sun.store.
US companies have announced more than 100,000 jobs in clean energy manufacturing since the passage of the Inflation Reduction Act (IRA), according to figures from non-profit group E2.
In the dynamic energy landscape of Southeastern Europe (SEE), solar PV is emerging as a beacon of progress. With its widespread deployment across Europe, solar PV stands as a testament to the region’s commitment to sustainable energy.
For the second year in a row, global growth in solar PV generation capacity outpaced that of wind in 2023, according to energy think tank Ember.
In April, US polysilicon producer Highland Materials secured US$256 million in tax credits to build a new polysilicon factory in north-east Tennessee-the first greenfield polysilicon plant to be announced outside of China for many years.
India has more than trebled utility-scale renewables tender capacity to 69.8GW in fiscal year 2024, 48% of which from solar PV.
The Italian government has banned solar PV installations on agricultural land, in a move that the nation’s solar trade association said would cost Italy €60 billion (US$64.5 billion).
