Policy

Corporate financing in the solar sector rose 42% in 2023 compared with 2022, according to Mercom Capital.

Panama’s national secretary of energy has launched its first bidding auction exclusively for renewables and energy storage.

PV manufacturer Meyer Burger has decided to close its module assembly plant in Germany and focus on its footprint in the US.

Governments and solar developers looking to widen the spread of residential solar PV in the US should look to deploy non-residential solar projects.

“Every year, we see more attention from our customers, for whom this is becoming more at the top of their minds. Usually in PV, it’s been volume price and spec of the product. But now it's also how do we make that product, besides pure performance,” says Cemil Seber, VP of global marketing at REC Solar.

The European Solar Manufacturing Council (ESMC) has written an open letter to the EU calling for “robust regulation” of forced labour in the solar supply chain.

Europe has to find a balance between a rapid need to scale up PV manufacturing capacity and innovation to remain competitive, according to a report from The European Technology & Innovation Platforms for Photovoltaics (ETIP PV).

Global renewables capacity will reach 7.3TW by 2028 under existing policies and market conditions, according to the IEA.

The US Energy Information Administration (EIA) expects the contribution of solar power to the US’ energy mix to exceed that of hydropower.

India installed 12.9GW of renewable energy capacity in 2023, over 10GW of which was solar PV capacity. This represents a 28% decline in PV additions and an 18% drop in overall renewables capacity additions year-on-year.