Wood Mackenzie says in its latest report that low prices and integrated supply chains allow Chinese manufacturers to supply more than 65% of total global demand for renewables equipment, with its exports growing by 35% between 2019 and 2023.

BloombergNEF says in a new report that solar and wind must drive most emissions cuts before 2030 to stay on track for net zero by 2050. Its net zero scenario targets a combined solar and wind capacity of 31 TW by 2050.

A recent analysis shows that renewable energy could partially replace diesel fuel to power instruments and provide heat at the South Pole. A team of researchers has proposed a solar, wind and battery energy storage hybrid system that could reduce diesel consumption by 95% and save approximately $86 million over 15 years, after an initial investment of about $14.5 million.

Vietnamese solar manufacturer Vsun’s new facility produces n-type silicon wafers and is expected to be ready for full production by the end of the month.

The Malaysian government has kicked off a 2 GW solar tender featuring four packages of rooftop, ground-mount, and floating solar, with permitted generation capacities ranging from 1 MW to 500 MW.

Legislation that would require EU member states to integrate solar installations into future building works, and retroactively install PV on buildings, is one step closer to becoming law, after being approved by members of the European Parliament.

The Generating Authority of Thailand has announced that a 24 MW floating hydro-solar hybrid project has commenced commercial operations in the country’s northeast. The installation is part of wider plans to develop 16 floating solar projects with a combined capacity of 2,725 MW.

Energy Vault has connected its 25 MW/100 MWh EVx gravity-energy storage system (GESS) in China. Once provincial and state approvals are obtained to start operating, it will become the world’s first commercial, utility-scale, non-pumped hydro GESS. Meanwhile, its partners China Tianying (CNTY) and Atlas Renewable Energy have begun construction on three grid-scale GESS in China.

Sunova Solar’s new cell manufacturing facility produces 182 mm, 199 mm and 210 mm TOPCon cells. At full capacity, the facility is expected to produce approximately 36,000 high-efficiency modules per day.

Wood Mackenzie says the levelized cost of electricity in the Asia-Pacific region hit an all-time low in 2023, as utility-scale PV beat coal to become the cheapest power source. It predicts a further drop in costs for new-build solar projects, driven by falling module prices and oversupply from China.