Bangladesh’s solar capacity is forecast to increase more than sixfold over the next decade, driven by a shift from off-grid rural deployment toward grid-connected and distributed generation, according to a new GlobalData report.
GlobalData says global renewable capacity will more than double to 8.4 TW by 2031, with PV reaching nearly 6 TW, a 13% compound annual growth rate from 2025 levels of 4.1 TW.
UK consultants GlobalData say Singapore could add between 300 MW and 400 MW of solar annually through to 2035, taking cumulative capacity from around 1.9 GW today to the 5 GW threshold.
GlobalData’s latest analysis says the U.S. will add between 41 GW and 52 GW of solar annually until 2035.
UK-based GlobalData says Taiwan is on course to more than double its current solar capacity by the end of 2035.
London-based consultancy GlobalData says Poland could add between 3 GW and 4 GW of solar annually through to the middle of the next decade.
Latest analysis by UK consultancy GlobalData expects annual solar additions in the Netherlands to reach between 4.5 GW and 5.5 GW through to 2035.
The Croatian government has allocated €60 million ($65.6 million) in subsidies for businesses to install 80 MW of renewables and 20 MWh of batteries.
Green hydrogen production capacity continued to grow last year, driven largely by new investments, GlobalData says in a newly published report. Deutsche Bahn, meanwhile, has revealed plans to expand its hydrogen bus fleet in Germany.
British analyst GlobalData has predicted residential and commercial rooftop panels will not return to a declining price trend until next year, with post-Covid logistics headaches the cause, rather than a polysilicon shortage.
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