China added 258.9 MW of residential solar in first quarter
New residential PV capacity reached 258.9 GW in the first quarter in China.
Global cumulative PV capacity totaled 176 GW in 2019
The world’s cumulative installed PV capacity reached 580.1 GW in 2019
US module manufacturing lines continue normal operations amid COVID-19
Major PV manufacturers are still running their business in the U.S. amid COVID-19.
German utility-scale PV allocates 301 MW capacity with average price of $0.0577/kWh
The tender selected 51 solar projects with a combined capacity of 301 MW.
COVID-19 worsens Brazil’s solar growth amid depreciation trend
Brazil’s solar demand has shown signs of decline and rising prices for solar systems.
Impacts of COVID-19 on overseas solar projects
Residential and C&I distributed projects which are under way will experience a delay.
At the crossroads: Expand capacity or withdraw business
28 solar firms in China have announced or launched capacity expansion plans totaling at least RMB 120 billion.
The U.S. added 13.3 GW of solar in 2019, achieving 23% growth
The U.S. added 13.3 GW of solar capacity last year, 23% more than in 2018.