Installed solar and wind capacity is set to treble from now until 2030, and treble again between 2030 and 2050 to reach 31TW, according to BloombergNEF (BNEF).
The flurry of recent tariff changes for solar imports to the US is likely to make products from Southeast Asia less attractive to buyers, according to renewables analysis firm Clean Energy Associates (CEA).
The US Department of Commerce (DOC) has initiated investigations into solar cell imports from Southeast Asia under the antidumping and countervailing duty (AD/CVD) tariffs.
