The government of Serbia has signed a memorandum of understanding (MOU) with Chinese Hunan Rich Photovoltaic Science and Technology to build a 1GW solar module production facility in Serbia.
Demand for solar modules has dipped in Europe since February, and both installation rates and prices have fallen, according to data from solar trading platform sun.store.
Clean energy manufacturing – led by solar PV expansions – accounted for 4% of global GDP growth in 2023, according to a new report from the International Energy Agency (IEA).
The Italian government has banned solar PV installations on agricultural land in a move that the nation’s solar trade association said would cost Italy €60 billion (US$64.5 billion).
