2024 projections

Chinese Provinces Seek To Build EV Momentum With Higher Incentives

China, which has built the most formidable Electric vehicle ecosystem under the very noses of global competitors over the past 15 years, is in no mood to let the advantage slip. Electric car sales, which are expected to keep rising and top 17 million units in 2024, accounting for over 20% of cars sold worldwide. […]

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US Utility Solar Capacity Crosses 100 GW

The American Clean Power Association (ACP), in its quarterly report for the US states that 2024 has begun on a strong note with Q1 seeing U.S. utility-scale solar, wind, and storage sectors adding a combined 5,585 megawatts (MW) of new capacity.This is an increase of 28% compared to installations in the same period a year […]

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Global Solar Outlook 2024- BNEF Expects 655GWdc Addition In Best Case

Amid early expectations of a possible stall in China’s solar additions in 2024, comes the latest Global PV Market Outlook from BNEF. The report has projected up to 655GWdc of solar PV capacity additions this year in its optimistic scenario, with its conservative forecast projecting 520GWdc. For the record, it tracked 444GWdc of solar capacity […]

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