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The Business Council for Sustainable Energy (BCSE) has reported that the US installed a record of 35.3GW of new solar capacity in 2023.

At present, there are limited studies on the processes of decommissioning solar projects and cost estimates vary wildly.

Japan will need to have 689GW of total installed capacity for solar and wind power generation by 2050 to reach the goal of net zero, according to a study conducted by BloombergNEF (BNEF).

Government policies have hampered the development of the solar industry in the US, but the situation improved in the second half of 2022 thanks to a reversed decision, according to a BloombergNEF study.

Public institutions and private companies bought a record number of renewable energy last year, according to BloombergNEF’s (BNEF) 1H 2023 Corporate Energy Market Outlook.

Investment in the global energy transition totaled US$1.1 trillion in 2022 according to analyst firm BloombergNEF, reaching parity with investment in fossil fuels for the first time ever.

Polysilicon prices have continued their downward slump, with a weekly decrease of 20%, now nearing the US$20/kg mark.

Solar accounted for half of all global power generating capacity added last year, with 182GW deployed, a 25% increase on 2020, according to a report from BloombergNEF (BNEF).

Polysilicon prices have continued to climb in China amid limited supply as manufacturers are hit by power rationing.

Utility-scale solar in the US remains plagued by underperformance issues as capex costs have risen for the “first time in decades”.