The EU has been increasing its cumulative solar capacity over the years and facing several challenges simultaneously, particularly the influx of solar modules this year.
India has undershot its 2022 renewable energy target by 30% amidst solar module supply shortages, according to research by renewables consultancy Bridge To India.
Chinese solar PV manufacturer Talesun and French renewable energy giant Neoen have entered into a strategic partnership to develop both companies’ presence and expansion in the European PV market.
US module manufacturer Universal Solar is developing a module manufacturing plant in Panama with an initial capacity of 600MW, targeting supply lines disrupted by policy headwinds.