China’s cumulative solar installations reached approximately 125.8 GW by the end of November, suggesting that PV developers completed nearly 50 GW of capacity in the first 11 months of 2017, according to new government statistics.

2017 was a busy year for India’s solar industry. As of the end of November, the country had installed around 5.5 GW of PV. With its ambitious renewable energy goals, it is paving the way to becoming a world leader in the industry. Overall, the country saw a rapid increase in renewable energy activity, with solar dominating almost 48% share of total capacity installed.

The Italian solar market has grown by 13% so far this year and by 6% in the third quarter. New additions for September reached 32.2 MW.

The Indian government has achieved only 17% of the set targets for the 2017-18 financial year, which is just 2% of the goal of 40 GW grid-connected solar rooftops by 2022. MNRE will soon propose new schemes to improve the sector.

The International Energy Agency’s Renewables 2017 report finds that solar PV capacity grew 50% last year, underpinning a 12% increase in this year’s renewables forecast and prompting the IEA to forecast 1,000 GW of clean energy by 2022.

Solar had the largest share in Spain’s renewable energy auction, leaving wind power, which won all the allocated capacity in the previous auction, with just 720 MW.

As of the end of March 2017, mainland France had 6,853 MW of installed PV power, while its overseas territories reached 367 MW. French cumulative PV capacity has surpassed 7.2 GW.

Taiwan’s new solar energy strategy envisages the deployment of less than 200 MW of new PV capacity over the next two years, and the achievement of 6.5 GW of cumulative PV by 2020.

All the creditors will have to provide a restructuring contribution in order to ensure the survival of the company. Once the insolvency plan is approved, the related insolvency proceedings will be closed.

The UK installed almost 2 GW of new PV installations in 2016, according to provisional BEIS statistics. The country’s cumulative capacity now surpasses 11.49 GW. The largest increase in capacity during the year was registered in March 2016, before the Renewable Obligation scheme for projects smaller than 5 MWp was closed, with a one-year grace period for some projects.

Turkey has installed 571 MW of new solar PV capacity in 2016, making it the best year for the country’s solar sector. 2017 is expected to be equally good, while a few worrying signs are on the horizon from 2018 onwards.

The Solar Energy Corporation of India (SECI) has released a list of the winners for projects within the eagerly observed 500 MW rooftop auction, with prices falling to record lows, although full capacity details of the projects have not been included within the list.

Pace of Indian solar growth to accelerate this year as the nation is set to more than double 2016’s 4 GW capacity; however, headwinds regarding transmission and evacuation issues could slow expansion, Mercom says.