The China-based PV manufacturing industry has been in a massive capacity expansion phase since 2019. This intensified in the first quarter of 2020 but had eased off through the year, but the cumulative figures are jaw dropping, which has led to real fears of overcapacity in 2021.
The importance of the extension of the federal Investment Tax Credit (ITC), the removal of import tariffs and increased federal procurement were front and centre in the Solar Energies Industries Association’s (SEIA) wish list for the incoming Biden-Harris administration.
The US should aim for 100GW of annual domestic renewable energy manufacturing capacity by the end of the decade, with a focus on solar, wind and energy storage, the Solar Energy Industries Association (SEIA) has said in a new report.
Reshuffle of company assets comes as firm braces for Q2 2020 slowdown as it lines up funding support, with idled factories set for a gradual return to activity.
Poland, Spain and six other governments join industry calls for segment to become strategic axis of COVID-19 comeback, with new SolarPower Europe platform now launched to help the cause.
Government asks states to set aside land for new factories in busy week for Indian renewables, featuring the results of 2GW solar auction and the granting of new deadline extensions.
With developers facing months of delivery delays for Chinese solar parts, India has said it will consider extending deadlines for PV projects scheduled to be switched on this summer, relieving developers from costly fines.
EU production line of 5 to 10GW a year is possible and would help deliver the required 117GW-to-630GW capacity push, experts say as separate study touts PV’s job benefits for coal regions.
Report by CBS News local affiliate unearths racism and discrimination allegations at Tesla's NY solar factory, with CEO Musk reportedly conveying worries over 'struggle to avoid' losing money.
