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More than 400 European solar companies have published an open letter via SolarPower Europe, opposing trade defence measures on the solar sector.

The EC identified 14 actions under seven categories for accelerating the pace of grid development in Europe.

“Cut-throat” competition in the polysilicon production industry in 2024 could push many Chinese producers out of business, according to analysis from industry research firm Bernreuter Research.

China is on track to install a record 230GW of new solar and wind capacity this year, according to a report from Wood Mackenzie.

Indian solar manufacturer Waaree has shipped 850MW of PERC modules to Spanish developer Acciona Energia for use at its solar sites in the US.

A total of about 8.5GW of solar capacity was added in the first three quarters of 2023 in India, down by 25% year-on-year.

According to reports from Norwegian media outlets, the price of electricity in Norway, alongside worldwide overproduction of polysilicon, made REC’s operations untenable in comparison with its Chinese competitors.

A “toxic inventory” of modules has been building up in Europe because market growth has been slower than expected, according to S&P Global.

The European Commission has opened this year’s Innovation Fund with a budget of €4 billion to support the development of decarbonisation technologies.

France has submitted its updated National Energy and Climate Plan (NECP) with an increased target for solar PV of up to 60GW by 2030.