March 10, 2024 |Solar Photovoltaic Renewable Energy Market Latest News Update

EU Policy. Solar panel manufacturers will have to pay for disposal under new EU rules - Waste from solar photovoltaic (PV) panels will be collected, treated and recovered at the expense of manufacturers, following a vote by energy ministers meeting in Brussels. https://www.euronews.com/green/2024/03/04/solar-panel-makers-to-pay-for-their-waste

EU Sets Course for Solar Energy Growth Amid Manufacturing Challenges - At the EU Energy Council meeting held on Monday, March 4, 2024, discussions centered around the European solar industry, focusing on the dual goals of accelerating solar photovoltaic (PV) deployment while protecting the continent’s solar manufacturing sector from the pressures of low-cost imports. https://solarquarter.com/2024/03/05/eu-sets-course-for-solar-energy-growth-amid-manufacturing-challenges/

EU installs record 56 GW of solar in 2023, growth to slow down in 2024 - The EU installed a record 56 GW of solar capacity in 2023, well above the 40 GW added in 2022, SolarPower Europe said on Tuesday as it released its 2023-2027 market outlook. https://renewablesnow.com/news/eu-installs-record-56-gw-of-solar-in-2023-growth-to-slow-down-in-2024-842919/

Europe Set for 50 TWh Solar Power Boom in 2024 - Despite a record-breaking 60 gigawatts direct current (GWDC) of solar PV capacity expansion in 2023, solar power generation in Europe saw a modest increase of about 20%. This year, however, will be another story. https://oilprice.com/Alternative-Energy/Solar-Energy/Europe-Set-for-50-TWh-Solar-Power-Boom-in-2024.html

How China came to dominate the world in solar energy - China unleashed the full might of its solar energy industry last year. It installed more solar panels than the United States has in its history. It cut the wholesale price of panels it sells by nearly half. And its exports of fully assembled solar panels climbed 38% while its exports of key components almost doubled. https://economictimes.indiatimes.com/small-biz/sustainability/how-china-came-to-dominate-the-world-in-solar-energy/articleshow/108317340.cms

European Electricity Review 2024 - Ember’s analysis of the EU electricity transition in 2023: what happened in 2023, and what can we expect in 2024? Download report https://ember-climate.org/insights/research/european-electricity-review-2024/