Everything seems to be pointing to the solar PV manufacturing sector going into a downturn in 2024, with loss-making potentially rife across much of the upstream sector.
In October, Turkish energy minister Alparslan Bayraktar said Turkey will need to install 5GW of solar and wind capacity every year until 2035, as renewables have great potential to meet the 2035 target of ‘supplying reliable and affordable energy in an environmentally friendly manner’.
Decreasing polysilicon average selling price (ASP) has reduced by a third China-based polysilicon manufacturer Daqo New Energy’s revenue in the third quarter of 2023.
Solar Module Super League (SMSL) member and global solar manufacturer Canadian Solar will build a 5GW solar cell production facility in Jeffersonville, Indiana.
The EU has been increasing its cumulative solar capacity over the years and facing several challenges simultaneously, particularly the influx of solar modules this year.
PV Tech Premium caught up with the French solar PV manufacturing startup Carbon to discuss its plans for expansion, inclusion in a European research and development (R&D) ecosystem and how to redress the balance of EU solar supply.
The average price of solar-grade polysilicon has dropped from the peak of RMB240,000-250,000/tonne (US$32,856-34,191) at the beginning of the year to RMB70,000-90,000/tonne.