Module prices are to remain elevated for the next 18 months at least, with any additional manufacturing capacity set to be quickly swallowed by soaring demand and capacity addition outside of China considered risky, Finlay Colville, head of market research at Solar Media, has said.
LONGi solar has increased its wafer prices for the third time in less than six weeks as a four-month high in wafer prices continues, while Tongwei solar has also pushed up the price of its 182mm and 210mm solar cells.
India must scale up investment in the large-scale domestic manufacture of upstream PV products to avoid the risk of logistics and commodity price fluctuations posed by its current high levels of solar imports, new research has suggested.
China is expected to add 83 – 99GW of PV capacity every year from 2022 to 2025, while Europe is now its largest export market for solar products, according to a China Photovoltaic Industry Association (CPIA) report on the outlook for the PV industry over the next few years.
Leading solar manufacturer LONGi is to add another 4GW of cell manufacturing capacity later this year, diverting funds previously earmarked for a separate cell production plant.
Solar manufacturer LONGi Solar has increased prices for its range of PV wafers, sending them to four-month highs amidst ongoing spikes in the polysilicon price.
India’s Production Linked Incentive (PLI) scheme is expected to add up to 40GW of additional cell and module manufacturing capacity in the country as it operates in tandem with the country’s upcoming Basic Customs Duty (BCD), according to Indian rating agency ICRA, a Moody's Investors Service company.
Researchers in Saudi Arabia have reported the “the first ever” successful damp-heat test of perovskite solar cells, which they claim has moved the technology closer towards commercial viability after it withstood 1,000 hours of harsh conditions and maintained a 95% efficiency.
Solar Module Super League (SMSL) member JA Solar is again aggressively expanding its manufacturing capacity, unveiling a new RMB3.5 billion (US$552 million) investment programme for new facilities.
