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.

Approximately 4,800 MW of solar capacity has been commissioned in India in the first six months of the year, surpassing last year’s 4,038 MW total, finds new data from Mercom Capital Group. GST uncertainty could slow growth in 2018, however.

IHS Markit is expecting to see lithium-ion batteries priced below US$200 per kWh within two years.

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.