Fab & Facilities

Thin-film solar PV manufacturer First Solar has confirmed the Louisiana location of its fifth US manufacturing facility, a 3.5GW, US$1.1 billion dollar Cadmium Telluride (CadTel) module production factory.

Nextracker and electronics component manufacturer Asteelflash, a subsidiary of electronics design and manufacturing company Universal Scientific Industrial (USI), have opened a manufacturing line to produce Nextracker’s patented components for solar tracking technology in California.

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.

The continued decrease in polysilicon prices has halved Daqo New Energy's revenues during the second quarter of 2023.

Indian conglomerate Adani has raised US$394 million for solar manufacturing through its renewable energy subsidiary Adani New Industries.

German chemical group Wacker Chemie has posted the financial results for the second quarter of 2023 with its polysilicon sales dropping by about 9.7%.

Trina Solar will continue the shift from producing p-type to n-type products, while it aims to base its manufacturing and operations purely on renewable energy by 2030. 

PV Tech caught up with PV manufacturer TW (Tongwei) Solar at Intersolar 2023 about its rapid global expansion and embracing the vertically integrated industry development.

PV Price Watch update with TCL Zhonghuan's wafer price reduction for both its p-type and n-type products, following LONGi's price reduction.