India's solar module exports to the US and Europe will likely to peak in 2025 and experience a decline starting from 2026 as domestic manufacturing plants will be operational in these regions, according to a recent research from energy analyst JMK Reseach.
Multiple European cell and module manufacturers, start-ups and solar PV component suppliers have published an open letter via the European Solar Manufacturing Council (ESMC), urging the EU to take actions to safeguard the European PV manufacturing industry threatened by "unsustainably low-priced PV modules" from Chinese module manufacturers.
Brookfield Asset Management and Indian conglomerate Reliance Industries have signed a memorandum of understanding (MoU) to pursue renewable energy manufacturing opportunities in Australia.
Announced solar PV manufacturing capacity across the globe has met the deployment levels suggested by the International Energy Agency towards 2030, but only 25% of the announced projects could be considered as committed, according to IEA's recent study.
Italian solar manufacturer FuturaSun has signed a strategic agreement with the government of the city of Huai’an in China to build a 10GW solar cell manufacturing plant.