Indian solar manufacturer Waaree will expand its ingot, wafer, cell and module production capacity by 6GW following a second round equity funding raise of around INR10 billion (US$121 million).
Prices of all upstream PV products such as silicon wafers and silicon ingots increased recently, but downstream module prices continued to decline and reached new lows.
Chinese module manufacturer GCL System Integration (GCL SI) has commissioned the first phase of its 20GW tunnel oxide passivated contact (TOPCon) cell plant in Wuhu, China.
Canadian solar manufacturer Heliene has announced plans to build around 1GW of solar module assembly and 1.5GW of solar cell production capacity in the US.
Bifacial perovskite cells could potentially produce up to 20% more energy yield than their monofacial counterparts, according to experimental research by scientists at the US’ National Renewable Energy Laboratory (NREL).
The IRS’ guidance on the domestic content tax bonus for solar projects under the IRA “makes it difficult for developers to attempt to access the 10% bonus ITC”, according to Martin Pochtaruk, president of North American solar PV manufacturer Heliene.
Senior VP Vincent Cao sat down with PV Tech at Intersolar Europe 2023 last month to chat about the company’s products, current and future technologies, overseas ambitions and financial strength.
