LONGi Solar recorded a 21% leap in net profit in the first half of the year despite what it described as a “moderate” adjustment to capacity utilisation rates in the wake of market demand.
JA Solar has disclosed plans to invest up to RMB5 billion (US$773 million) in upstream silicon rod and wafer projects after witnessing its operating costs soar in the first half.
NextEra Energy has asked the US Department of Commerce (DOC) to force a new alliance of solar companies to either reveal its members or ditch its request for fresh tariffs on China-linked solar imports.
LONGi has increased its wafer prices for the first time in nearly two months with the industry braced for continued high prices throughout the rest of the year.
Major polysilicon producer Daqo New Energy has unveiled plans to increase its annual production capacity to 270,000 metric tons (MT) by 2024 while also plotting a course for dominance of the n-type polysilicon market.
Petitions have been filed in the US requesting the launch of investigations into several solar manufacturers accused of circumventing antidumping and countervailing duties by using entities based in Southeast Asia.
Tianjin Zhonghuan Semiconductor (TZS) has more than doubled its revenue in the first half of the year as the wafer provider took advantage of what it described as a rapidly developing PV industry.
An amendment added to the US budget resolution bill this week seeks to prevent renewables projects using technology built in China from claiming federal funds and subsidies. Liam Stoker explores the amendment’s potential to disrupt solar deployment.
Canadian Solar has tweaked its planned capacity expansions for this year, stripping back module assembly capacity expansion to instead produce more solar wafers and cells as the industry continues to recalibrate following months of supply chain volatility.