Global solar installations hit 240 GW in 2022
IEA-PVPS has used an improved methodology to determine that newly installed PV capacity in 2022 must be somewhere between the 190 GW calculated by the International Renewable Energy Agency (IRENA) and the 268 GW announced by BloombergNEF. Its new “Snapshot of Global PV Markets 2023” report was built on data from a range of sources, including grid-connected and off-grid figures.
Saatvik establishes US subsidiary
The Indian solar manufacturer will sell its made-in-India PV modules in the USA through the newly opened office in Texas. Going forward, it plans to set up an overseas manufacturing facility too.
New global solar capacity additions hit 191 GW in 2022, says IRENA
Global renewable capacity increased by 295 GW last year, bringing the world to a cumulative installed capacity of 3,372 GW, according to the International Renewable Energy Agency (IRENA).
Germany trying to attract ‘solar workers’ from India
The German Solar Industry Association and the Indian Skill Council for Green Jobs signed an agreement in Delhi on the weekend, marking German Chancellor Olaf Scholz’s visit to India.
ABB India opens new factory in Nashik
ABB India has doubled its gas-insulated switchgear (GIS) capacity with the launch of a new factory in Nashik, Maharashtra.
Bangladesh seeking partners to build solar power plants
The Bangladesh Power Development Board (BPDB) is seeking international partners to build three PV plants, with 77.6 MW of capacity in total, in different parts of the country.
Wafer, cell prices continue to rise
Wafer prices rose by between 24% and 36% this week, according to new data from the China Nonferrous Metals Industry Association (CNMIA).
Polysilicon price rebound continues
Polysilicon prices started to rise in the second half of January, according to new data from the China Nonferrous Metals Industry Association (CNMIA).
India surpassed one million EV sales in 2022
Electric vehicles (EV) sales in India soared 212% year-on-year to surpass one million mark in 2022.
Gujarat targets 8mtpa green hydrogen production capacity by 2035
The state aims to emerge as a green hydrogen hub and decarbonize energy-intensive industries like fertilizers, steel, chemicals, and petroleum.
