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Standard Energy prepares 3 GW silicon wafer, 3 GW PV cell factory in Thailand

Standard Energy, a subsidiary of Singapore’s GSTAR Group, says the first batch of equipment has arrived at its new 3 GW silicon wafer and 3 GW solar cell smart factory in Thailand. Production is expected to commence in July.

JinkoSolar hits highest conversion efficiency with 182 mm TOPCon module

JinkoSolar says its 182 mm tunnel oxide passivated contact (TOPCon) solar module has achieved a conversion efficiency of 25.42%.

Indonesia targets over 5.7 GW of rooftop solar by 2028

The Ministry of Energy and Mineral Resources in Indonesia has set a quota of 5,746 MW of rooftop solar to be deployed between 2024 and 2028. The Jakarta-based Institute for Essential Services Reform anticipates rooftop solar to be more commonly adopted by commercial and industrial consumers than residential users, following the abolishment of net-metering earlier this year.

IEA urges countries to accelerate renewables deployment

A new report from the International Energy Agency (IEA) suggests that the world could miss out on a target of 11,000 GW of global renewables capacity by the end of the decade, as agreed at COP28. It also predicts that solar will become the world’s largest source of installed renewable capacity, surpassing hydropower.

IRENA calls for investment in small island nations

The International Renewable Energy Agency (IRENA) discussed the financing landscape for small island developing states (SIDS) and mechanisms to accelerate the energy transition at the United Nations 4th International Conference on Small Island Developing States.

Renewable manufacturing costs up to 200% lower in China, says WoodMac

Wood Mackenzie says in its latest report that low prices and integrated supply chains allow Chinese manufacturers to supply more than 65% of total global demand for renewables equipment, with its exports growing by 35% between 2019 and 2023.

Renewables must triple by 2030 to hit net-zero by 2050, says BloombergNEF

BloombergNEF says in a new report that solar and wind must drive most emissions cuts before 2030 to stay on track for net-zero by 2050. Its net-zero scenario targets a combined solar and wind capacity of 31 TW by 2050.

Bangladesh seeking consultants for 100 MW solar plant

The Bangladeshi government has issued a call for consultants to conduct a feasibility study, initial environmental examination, and environmental and social impact assessment for a 100 MW solar plant. The consultants will also be expected to survey the transmission line route for connection to the nearest grid substation.

Off-grid solar investment down by 43% globally in 2023

The Global Off-Grid Lighting Association (GOGLA) says total investment in the off-grid solar sector stood at $425 million in 2023, down 43% year on year. It says the industry needs to address a lack of early-stage financing to meet development and climate targets.

Malaysian government launches incentive scheme for residential solar

The Ministry of Energy Transition and Water Transformation in Malaysia is teaming up with private and public partners in the country to offer citizens financial incentives and discounts when adopting solar. It follows a government rebate scheme introduced in April.