Asia & Oceania

Goldi Solar has launched India’s first AI-powered solar manufacturing line, with an enormous 14GW of planned production capacity.

The company signed the financing MoU with the New and Renewable Energy Department of the Madhya Pradesh government.

Interest in solar PV projects saw a downward trend from Chinese central state-owned enterprises (SOEs) in 2024.

Last year has marked a turning point for Chinese energy and power enterprises' investments in PV power plants in China.

The decline reflects the broad trend across the solar manufacturing industry, where severe downward pressure on prices—brought about by an excess of product supply—has squeezed manufacturers' margins and pushed some into the red.

The Australian government has opened a consultation into the upcoming Western Australia Capacity Investment Scheme (CIS) tender design.

India could fall 100GW short of its 2030 renewable capacity deployment goals, according to a new report by think tank Ember Climate.

Despite strong numbers forecast for 2025, this would represent a year-on-year decline from China's 277GW of solar PV installed in 2024.

Daqo New Energy posted losses of US$65.3 million in the fourth quarter of 2024, and end-of-year losses of US$212.9 million.

PV Tech spoke to Astronergy chief marketing officer Samuel Zhang about the company's successes in 2024, and impact of patent disputes.