Traditionally wind-leaning Nordic state could witness PV surge from 998MW in 2018 to 5GW in 2030 and 7.3GW by 2040 via mix of auction and free-market approach, government stats show.
WoodMac: Innovative finance needed to further boost already sound economics of residential sector, with Germany, Italy and Spain all breaking even faster than the UK and France.
Firm says clean energies will catch up with fossil fuels by 2027 and race ahead by 2030, with Indian solar already cheaper and Aussie solar set to follow next year.
Stats paint bright future for Australian renewable roll-out, Victoria rebate chaos pushes solar reps to streets, Overland’s 110MW project cleared despite opposition.
Wood Mackenzie: Continent will grow to install annual 20GW within three years but shift to auctions and merchant exposure will see profitability come under pressure.
IRENA: China, US, EU shed jobs but India, Southeast Asia and Brazil see gains in year when off-grid solar rose to fore as potentially major future employer.
Fitch: Solid state support will help capacity soar from last year’s 26GW to 105.9GW in 2028, as impact of tariff and tax measures dilute in a few years.
Asia becomes major driver of 94GW PV addition worldwide, with other frontrunners including the US, Australia, Germany, Brazil, Egypt and Mexico.
300,000-strong solar workforce could see bloc add 30 million rooftop installations by 2030, says SolarPower Europe as it anticipates new policy roadmap.