Solar market

China’s solar industry rebounded in 2023 after years of pandemic-related sluggishness. As the year draws to a close, pv magazine looks back at key highlights of 2023 and considers the prospects for 2024.

On Nov. 6, the European Solar PV Industry Alliance (ESIA) published a recommendation paper in which it set out how its members envisage a European support scheme to foster the development of European solar. What chance does it have of actually achieving its goals? Götz Fischbeck delivers an assessment.

In the land of a thousand lakes and long, harsh winters, a surprising gold rush is under way – not for precious metals but for sunlight. Finland, often associated with its stunning natural landscapes, has become an unlikely contender in the global renewable energy market, particularly in the realm of solar power.

Solar-industry companies need to forget ideas about office-based roles and look far afield to source the recruits necessary for the energy transition – and then they need to keep them loyal by offering a rewarding career.

As solar module prices continue to drop to record lows, amid global oversupply, questions are being asked about how much inventory is sitting in European warehouses and when normal levels will return. With numerous estimates and assumptions swirling, EUPD Research’s Markus A.W. Hoehner and Ali Arfa have looked closely at the numbers in an attempt to provide a transparent view of the issue.

Falling solar equipment prices, bulk module orders, and an expansion in domestic solar manufacturing capacity are driving a solar boom in India. The government can add further impetus if it tweaks domestic content rules.

Everoze Partner Abdul Sotayo highlights some of the issues that continue to hold back progress on clean energy in Nigeria, where energy poverty remains a problem, despite the nation’s vast solar potential.

The first half of 2023 has seen a revival in Ukraine’s solar market as some plants resumed operations, including in recently liberated territories. Demand is also picking up among industrial consumers that wish to be less dependent on the common energy grid in case outages return, reports Ian Skarytovsky.

From zero to hero in 20 years, China’s PV industry has undergone an extraordinary journey. Vincent Shaw considers the reasons for the nation’s solar success and the challenges ahead.

Thin-film technologies have long promised to make a major impact on the solar industry but have largely been constrained to niche applications and research labs if they were not shredded by the market. After several false starts, current trade dynamics and promising research programs may help solar thin films find their place in the sun.