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Markets & Policy

China to offer over 2.7 billion subsidies for wind, solar power

On Monday, China’s Ministry of Finance has issued new subsidies worth 2.75 billion yuan (USD 410 million) for electricity generated from renewable energies.Workers inspect...

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

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

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

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...

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

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

Global crystalline silicon solar cells capacity reaches 423.5GW: CPIA

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...

EU national experts discuss ways to speed up permitting procedures for RE projects

On Monday, a multi-country workshop on permit-granting processes for renewable energy projects took place in the European Union.The aim of the workshop was to...

European Parliament to ban forced labour products

The European Parliament yesterday adopted a resolution calling for an import ban on products produced with forced labour from entering the EU market. This...

Polysilicon prices back on upward trend after 2 weeks of stability

This week, the prices of polysilicon have returned to the upward trend with around 2% increase for polysilicon recharging, polysilicon prime for mono, and...

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

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...

Soaring solar raw materials prices could thwart REPowerEU plans

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