Europe has to find a balance between a rapid need to scale up PV manufacturing capacity and innovation to remain competitive, according to a report from The European Technology & Innovation Platforms for Photovoltaics (ETIP PV).
India installed 12.9GW of renewable energy capacity in 2023, over 10GW of which was solar PV capacity. This represents a 28% decline in PV additions and an 18% drop in overall renewables capacity additions year-on-year.
Indian commercial and industrial (C&I) renewables developer Serentica Renewables has secured funding for a 530MW round-the-clock hybrid project in India.
Indian independent power producer (IPP) KPI Green Energy has signed a supply agreement for 300MW of bifacial mono-PERC modules from PV manufacturer Emmvee.
US solar tracker manufacturer Nextracker has announced that its trackers, either operational or under fulfilment, have surpassed 10GW in the Middle Eastern, African and Indian markets.