Policy

With just 2GW of solar installed at the end of 2019, Poland has seen a meteoric rise towards becoming the third largest solar PV market in Europe in terms of installations.

The European Commission (EC) has announced the Net Zero Industry Act, addressing a number of technologies that can help achieve decarbonisation including solar PV.

Japanese annual PV market size for 2022 is estimated to be 6.5GWDC, which is about the same volume as 2021.

The European Commission has proposed to reform the EU’s electricity market design in a move to accelerate the uptake of renewables.

As Germany is pushing for its goal of producing 80% of electricity consumption covered by renewable energy in 2030, its Federal Ministry for Economic Affairs and Climate Action (BMWK) has announced its PV strategy to speed up PV installations. 

The EU Commission has announced new measures to support multiple sectors, including the renewable energy industry, to keep them in Europe.

Solar PV will lead the energy transition in Malaysia and could reach up to 153GW of installed capacity by 2050.

After the passing of the Inflation Reduction Act (IRA) into law, solar PV and storage are expected to create up to 115,000 manufacturing workers in the US by 2030.

The combined effects of the ongoing anti-dumping and countervailing duty (AD/CVD) tariff investigation and the Uyghur Forced Labor Prevention Act (UFLPA) curbed US solar deployments in 2022, according to a joint report from the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

Solar capacity will remain a key focus of the Indian government’s spending this year, but some existing challenges for the industry could still hamper growth, according to experts.