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The world is increasing its installed solar PV capacity as 1TW will be added annually by 2030, while the annual polysilicon and wafer production capacity will continue to rise, according to the report Powering a Green Future: A Forecast to 2030 for Solar, Wind, and Energy Storage published by Taiwanese renewables research firm InfoLink Consulting.
Renewable power producer BrightNight has formed a partnership with energy platform ACEN Corporation to ramp up the development of its 1.2GW renewables portfolio in India.
China’s PV industry's production value last year reached RMB1.4 trillion (US$203.5 billion), according to a report published by China’s ministry of industry and information technology.