Annual investment in solar and wind generation in the Asia Pacific region could double to US$1.3 trillion by 2030 compared to the previous decade, with policy targets and cost declines boosting growth, according to research firm Wood Mackenzie.
Finlay Colville, head of market research at PV Tech Research, explores how solar PV has become dependent on low-cost manufacturing, facilitating a dominance by China-based players, and how the industry could engage with current scrutiny of solar’s supply chain.
A round-up of the latest project news, as Mytilineos is chosen as EPC for a project in Uzbekistan, Clenergy forms a deal with the local Kongtong government for 150MW and CleanCapital teams up with CI Renewables for a 29MW portfolio.
The first phase of GCL System Integration Technology's (GCL-SI) 60GW module factory in Hefei, in China’s Anhui Province, is on track to start production this September.
Solar wafer and cell manufacturers in China have hiked their prices once again this month after a jump in spot prices for polysilicon in the country, while earthquakes have also disrupted upstream production.
Indian authorities have launched an anti-dumping investigation into imports of solar cells from China, Thailand and Vietnam following an application filed by the Indian Solar Manufacturers Association.
The International Energy Agency (IEA) has said it expects annual solar PV additions globally to surpass 160GW by 2022, affirming the technology’s position as the “new king” of global electricity markets.
China installed 5.56GW of solar in Q1 2021, new data from the country’s National Renewable Energy Consumption Monitoring and Warning Center has revealed.
A draft proposal put forward by China’s National Development and Reform Commission could see subsidies for new solar projects phased out, starting this year.
