Buyers should prepare for increases in the price of vital solar module components, such as polysilicon, wafers and cells, but “remain cautious” of accepting new contractual terms from Chinese suppliers until formal market policies are agreed.
The Australian Renewable Energy Agency (ARENA) has announced up to AU$151 million (US$98 million) in conditional funding for Sunman Energy to establish a 500MW per annum solar module manufacturing facility in the Hunter Valley, New South Wales (NSW).
Victoria's first state-owned solar-plus-storage project has reached a major construction milestone, with the installation of all 212,296 PV modules at the SEC Renewable Energy Park in Horsham, Australia.
Multinational solar manufacturer Canadian Solar will assume direct control of its US solar PV and energy storage manufacturing operations, in a strategic move which may reduce its supply chain risks.