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.
Trade body SolarPower Europe has called on the European Commission to include a ‘best-in-class’ solar labelling to leverage PV demand for European manufacturing in the Green Deal Industrial Plan.
Researchers in Singapore have found a less environmentally damaging way to produce perovskite solar cells in a laboratory, removing the need for lead which had previously been used.
China’s PV industry's production value last year reached RMB1.4 trillion (US$203.5 billion), according to a report published by China’s ministry of industry and information technology.
PV manufacturer Risen Energy has recorded a 23.89% efficiency rating on its Hyper-ion heterojunction technology (HJT) solar module, which it claims is a new world record for HJT module efficiency.
Solar equipment provider Mondragon Assembly has signed a supply agreement with PV module manufacturer Voltec to update its module assembly line in France.
