After the passing of the Inflation Reduction Act (IRA) into law, solar PV and storage are expected to create up to 115,000 manufacturing workers in the US by 2030.
PV modules will keep changing in the quest for higher efficiency and energy yield. However, the rapid and sometimes simultaneous introduction of new technologies increases overall quality risk, writes George Touloupas, senior director at Clean Energy Associates.
French PV manufacturing startup Carbon has chosen a location for a proposed cell and module gigafactory which it plans to bring into operation in late 2025. The plant would be Carbon’s first production facility.
Module manufacturer Meyer Burger has introduced a new product platform for its solar modules, enabling the scalability of new manufacturing capacities and accelerating mass production.
A number of solar module manufacturers have reportedly bid for financial incentives offered by the Indian government to expand domestic manufacturing of solar panels.
JA Solar intends to fund the construction of a major PV manufacturing facility by issuing convertible bonds to raise up to RMB8.96 billion (US$1.3 billion).
Bank of China Securities has issued a research report which stated that the PV industry chain price has stopped rising and may even drop in the future.
During 2022, capex for solar PV manufacturing fabs reached a record high - at more than US$27 billion - with spending dominated by Chinese companies building out new fabs in China and across Southeast Asia.
