As of today, less than 10% of the necessary solar and wind power needed for a 2050 global net zero scenario exists, whilst global electricity generation will need to more than triple to 80,000TWh, according to the 2022 BloombergNEF (BNEF) New Energy Outlook.
Solar PV capacity is expected to almost treble over the 2022-2027 period, growing by 1.5TW and will surpass coal as the largest source of power capacity worldwide, according to a report from the IEA.
US Secretary of The Interior Deb Haaland has announced plans to expand solar deployment on public lands across the west of the country, including three major solar projects in Arizona representing just under 1GW of capacity.
Curtailment remains the most talked-about subject in Vietnamese solar, but potential solutions such as foreign investment in transmission and grid-based energy storage are being held back.
The Australian Energy Market Operator (AEMO) has released its roadmap to reaching 100% renewable generation in the Australian National Electricity Market (NEM) by 2025.
The US Department of Commerce has found that imports of some PV cells and modules produced in four Southeast Asian countries are circumventing antidumping duty and countervailing duty (AD/CVD) orders on solar cells and modules from China.
Europe needs to galvanise a competitive PV manufacturing ecosystem in the same vein as the US Inflation Reduction Act (IRA), according to the European Solar Manufacturing Council (ESMC).
The Internal Revenue Service (IRS) has issued a wage and apprentice guidance under the Inflation Reduction Act (IRA) that is set to start for US projects initiated in 30 January 2023.
Imports of solar modules in India decreased by 64% in Q3 2022 compared with the prior quarter whilst cell imports increased by the same amount, according to consultancy JMK Research.
