Weekly Update (February 7)

Astronergy news this week:

1.??Astronergy Pakistan Tour kicked off in Peshawar, Pakistan on February 4th

In 2025, Astronergy World Tour officially started in Pakistan. We brought together experts, and partners from the energy sector to collaborate, exchange ideas, and discuss the challenges facing the renewable energy landscape in Pakistan. Thank you to you all for your valuable insights and contributions!

This is just the beginning! Can't wait to see everyone in Faisal Abad for the second stop of Astronergy Pakistan Tour!

2.??Astronergy Green Supply Chain Management-Green Products

As a responsible Tier-1 PV module manufacturer, Astronergy made every effort to minimize the environmental impact of our module products, and ensure they meet the different requirements of global markets.

3.??Astronergy Green Supply Chain Management-Green Manufacturing

Astronergy has set a concrete goal to achieve carbon neutrality across our entire value chain by 2050. To turn this vision into reality, we have implemented various initiatives and strategies that prioritize sustainability in every manufacturing process.

4.??Upcoming expo: Solar Pakistan

-Time: February 21st-23rd

-Booth: B-3-09~B-3-14

-Registration: https://www.solarfairpakistan.com/

5.??Upcoming expo: Intersolar & Energy Storage North America

-Time: February 25th-27th

-Booth: 2117

-Registration: https://www.intersolar.us/

PV market news this week：

1.??Poland reopens loan, subsidy program for rural solar installations

Poland has relaunched its Energy for Rural Areas program, offering loans covering up to 100% of solar installation costs in rural areas. The second funding round has a budget of PLN 1 billion ($242.6 million).

2.??India hits 850,000 rooftop PV installations under PM-Surya Ghar scheme

PM Surya Ghar: Muft Bijli Yojana, the world’s largest domestic rooftop PV initiative, aims to power 10 million households in India with solar power by March 2027. Joshi reaffirmed India’s commitment to its ambitious renewable energy targets. He said that “the government aims to achieve 500 GW of renewable energy capacity by 2030, with a long-term vision of 1,800 GW by 2047. ?

3.??Slovenia allocates €16 million for solar energy communities

Slovenia has set aside €16 million ($16.7 million) to support solar energy communities, requiring projects to include at least 100 kW of PV capacity, with or without storage. The program will run until 2027.

4.??Spain deploys 6.46 GW of new solar in 2024

Spain’s cumulative installed PV capacity reached 32 GW at the end of December 2024, following 6.46 GW of new annual solar additions. Public administrations granted construction permits for 727 renewable energy projects in 2024, totaling 26,159.2 MW, with 22,326.1 MW for solar, representing 85% of the authorized capacity last year, according to Foro Sella by Opina 360, the Social Research Institute of Grupo Redondo.

5.??Greece installs 2.6 GW of PV capacity in 2024

Greece installed a record 2.572 GW of PV capacity in 2024, about 1 GW more than the previous year. In 2023, the country added 1.59 GW of PV capacity. The country connected 1,772 MW of the new capacity to the transmission system and 800 MW to the distribution systems in 2024.

6.??Turkey’s cumulative solar capacity doubles in 2.5 years to 19.6 GW?

Ember, a London-based energy think tank, says in a new report that Turkey’s cumulative installed PV capacity has doubled to 19.6 GW in just two and a half years, driven by a surge in self-consumption projects. The nation's solar capacity jumped from 9.7 GW in mid-2022 to 19.6 GW by the end of 2024, driven primarily by self-consumption installations, which accounted for 94% of the growth.

7.??UK adds 1.2 GW of solar in 2024

Provisional figures from UK government record 1.2 GW of capacity additions during calendar year, bringing total capacity to 17.6 GW in official figures. Acceleration in deployment needed to hit UK government’s 2030 clean generation target.

8.??U.S. adds 30 GW of PV capacity in 2024

The U.S. added 30 GW of solar in 2024 and is expected to remain the largest source of new generating capacity added over the next two years. EIA expects solar to be the leading contributor of new generation added to the grid over the next two years.

9.??Switzerland installs 1.78 GW of PV in 2024

According to provisional figures from a PV association Swissolar, Switzerland’s cumulative installed solar power reached around 8 GW at the end of December 2024, following 1.78 GW of new capacity additions for the year. However, Swissolar said it does not expect this growth to continue in 2025 and 2026. It is forecasting annual additions of 1.51 GW and 1.56 GW, respectively.

10.? Load shedding returns to South Africa

South Africa?experienced load shedding for the first time in more than 10 months over the weekend. State-owned utility Eskom cut up to 3 GW of capacity under “Stage 3” load shedding from 17:00 on Jan. 31 to 06:00 on Feb. 2. In January, Melamu told?PV Magazine?that South Africa added around?1.1 GW?of solar in 2024, with forecasts predicting that deployment will accelerate over the next couple of years.

11.? Chile deploys 2.14 GW of solar in 2024

Chile installed 2.14 GW of new PV capacity in 2024, according to the latest data from the CNE. The nation installed 1.65 GW of solar in 2023. The country's total installed solar capacity rose to 10.5 GW by December 2024, accounting for 30.1% of its total power generation capacity.