Between fiscal years 2022 and 2024, India increased its import of solar modules 23-fold, primarily to the US, according to a new report from IEEFA and JMK Research.
Vietnamese solar manufacturer Boviet Solar has started construction on its 2GW TOPCon module assembly plant in North Carolina, US, with the solar cell plant to follow suit.
The European Commission (EC) has approved a €1 billion (US$1.1 billion) Portuguese state aid scheme to support investments in the production of renewable energy equipment.
Japanese PV inverter manufacturer Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) has expanded its footprint in the US with the construction of a 9GW inverter facility.
The Spanish Ministry of Ecological Transition (MITECO) has published the regulatory basis for the €750 million (US$812 million) incentive scheme for renewables and storage manufacturing.