European Warehouses Now Storing More Than 80 GW of Unsold Solar Panels
The amount of unsold panels in European warehouses may have doubled between mid-July and the end of August, and it may reach 100 GW by the end of the year.
The amount of unsold panels in European warehouses may have doubled between mid-July and the end of August, and it may reach 100 GW by the end of the year.
PV module importers in the Netherlands saw the solar module recycling fee increase. The money generated will be used to finance a guarantee fund.
Cadmium Telluride (CdTe) solar module manufacturer First Solar has begun constructing its 5th production factory in the US in Louisiana.
SEG Solar (SEG), a US producer of photovoltaic modules for the utility, commercial and residential markets, was added to the BloombergNEF (BNEF) list of Tier 1 global solar manufacturers for Q3 2023.
Hungary’s €2.36 billion scheme for accelerated investments in strategic sectors, including solar PV, has secured a green signal from the European Commission.
RCT Solutions has signed a MoU with Manitoba province in Canada to help explore a large– scale solar manufacturing facility.
Netherlands carves out the largest chunk of €4 billion National Growth Fund under round 3 offering €412 million to the development of circular solar panels.
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Holosolis consortium will build a 5 GW module fab in France’s Moselle region. It will produce 10 million TOPCon panels annually starting from 2025.
Iberdrola says it plans to establish a solar panel manufacturing fab in Extremadura and has applied for grant under 3rd Innovation Fund call.
Ireland has decided to abolish Value Added Tax on new solar panels installed by households to save them €1,000, says the country’s Minister of Environment.
AE Solar has proposed to launch a solar panel production facility in Romania with 2 GW initial capacity, eventually scaling it up to 10 GW annually.
Touted as the 1st large scale solar & wind hybrid power plant in Poland, a project has raised up to PLN 90 million subordinated loan from a fund.
EDPR has grid connected its 1st international hybrid solar and wind power plant, which it says is also the 1st park of its kind on the Iberian Peninsula.
Romania has enacted the law to bring down value added tax on solar PV panels and their installation to accelerate solar power deployment.