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Market Dynamics

Market Dynamics

Top 10 solar inverter makers account for 82% global market share, Huawei and Sungrow taking the lead

Vera Wang -
Global top 10 solar photovoltaic (PV) inverter vendors shored up 82% of market share in 2021, increasing by 2 percentage points compared to 2020,...
Market Dynamics

Uzbekistan released 8 prequalified bidders for 300 MW solar PV project

Vera Wang -
Uzbekistan’s Ministry of Energy has determined eight prequalified bidders for a 300 MW solar power plant to be built in the Guzar district of...
Market Dynamics

Demand is there, but limited effort can be done to achieve REPowerEU goal

Sebrina Fichtner -
Though there is already strong support for increasing the renewables target to 45% by 2030 within the European Parliament and various strong policies issued...
Market Dynamics

Public utility in Michigan to shut all coal plants and add 8 GW solar by 2040

Vera Wang -
Michigan’s largest electric and natural gas utility Consumers Energy is going to close down all of its coal plants by 2025 after the approval...
Manufacturing

US consortium to buy 6-7 GW modules per year to boost domestic solar manufacturing

Vera Wang -
Four leading independent power producers in the United States have formed a new consortium to purchase 6 to 7 GW of crystalline silicon solar...
Manufacturing

Global crystalline silicon solar cells capacity reaches 423.5GW: CPIA

Sebrina Fichtner -
The current global total capacity of crystalline silicon solar cells has reached 423.5 GW, up 69.8% YoY, with total output of 223.9 GW, up...
All News

China connected 16.88 GW solar to the grid in 4 months, up 126.7%

Sebrina Fichtner -
According to the latest data from the National Energy Administration (NEA), China has connected 16.88 gigawatts of solar PV to the grid from January...
All News

Soaring solar raw materials prices could thwart REPowerEU plans

Vera Wang -
The REPowerEU initiative has the potential to add at least 420 gigawatts (GW) of solar installations by 2030; however, rising solar raw material costs...
All News

Bright outlook for global solar, but regional challenges will affect supply chain

Vera Wang -
The global solar industry continues to shine brightly, with global PV installations setting records in 2021 and will do again this year. And while...
All News

International consortium work to decarbonize the aviation sector

Sebrina Fichtner -
Sasol, a global chemicals and energy company and Helmholtz-Zentrum Berlin (HZB) will lead a consortium to develop and optimise next-generation catalysts that will play...
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