The latest report from SEIA and Wood Mackenzie shows that the U.S. solar industry is expected to add 32GW of capacity this year, a record-breaking figure. The report also mentions the rankings of states in solar installed capacity and the impact of the Inflation Reduction Act (IRA) on the industry.
According to BNEFs prediction, the global newly installed photovoltaic capacity in 2024 will reach 655GWdc, with China accounting for more than half. At the same time, the price of polysilicon has dropped significantly, and the global photovoltaic industry is ushering in rapid development.
China has made significant progress in renewable energy, becoming a global leader. Solar photovoltaic module production accounts for 80% of the global total, driving substantial price reductions and influencing the global energy transition.
Qcells has reached a significant agreement with Microsoft to supply up to 12 GW of solar modules to Microsoft over the next eight years, including full services such as design, procurement, and construction. This collaboration aims to accelerate the global transition to renewable energy solutions and promote the clean energy economy. Qcells plans to establish a fully integrated solar supply chain factory in the U.S. to support this goal.
Brazil imposes import tariffs on solar panels and plans to reinstate tariffs on 324 categories of products, aiming to promote the development of the renewable energy industry while reforming the tax system.