Continuing a downward trend of capacity additions, India has added 1.7GW of solar capacity in the second quarter of 2023, according to consultancy Mercom India Research.
Solar installations in India were up 35% year-on-year (YoY) in Q1-3 2022, but the average system cost went increased 7.5% for the same period, according to consultancy Mercom Capital Group.
Spain is on track to install more than 4GW of utility-scale solar in 2022, a 25% increase on last year’s figures, according to José Donoso, head of the country’s PV association, UNEF.
The European Union’s (EU) solar PV sector has navigated a year beset by supply chain disruptions and module prices hikes to post record levels of annual deployment, according to research from SolarPower Europe (SPE).
Latest review comes to underscore once more the industry’s solid year prior to the chaos brought about by COVID-19, with Spain, Vietnam and Ukraine joining usual names on top-ten.
Figures coming to light in recent days show industry reached all-time highs in Germany and Spain and became part of broader renewable milestones in at least the UK and Australia.
Incentive programme will see country become Southeast Asia's top solar installer by year-end but battling congestion will require more investment, says consultancy.
WoodMac: Worldwide installations will grow 17.5% this year to hit new high of 114.5GW, paving way for arrival of 12 countries to group of 1-to-5GW-a-year installers.
