Asia & Oceania

Installed solar PV capacity globally will grow 20-fold by 2050, when the technology will represent 38% of all electricity production, according to a new DNV report.

LONGi Solar is experiencing soaring demand for its products as the IRA turbocharges the US’ PV sector and is actively working to comply with the country's import restrictions to ensure customer deliveries.

Solar project developer and asset owner Photon Energy Group saw its revenue soar last quarter thanks to elevated power prices in Europe.

Leading polysilicon manufacturer Tongwei Solar is expecting its revenue for the first nine months of 2022 to soar as a result of strong demand for silicon products and its expanded production capacity.

Tata Power has plans to expand its footprint in the Indian state of Rajasthan and bring its renewables portfolio there to 10GW in the next five years.

India’s residential rooftop solar capacity is set to increase 60% by the end of fiscal year 2023, according to a report by the IEEFA and JMK Research.

Renewable Energy Target auction held in Victoria, Australia, won by six solar PV projects, four of which include battery storage.

Waaree Energies has raised US$120 million from investors to expand its module and cell production capacity in India.

The rise in solar and wind generation met over three-quarters of the global electricity demand growth in the first half of 2022, according to a report from think tank Ember.