Market leading PV module film material manufacturer, First Applied Materials has reported soaring profits on the back of growing demand, increased capacity and higher average selling prices (ASPs) for the fourth quarter and full-year 2020.
German agriculture group BayWa is forecasting a significant revenue rise for its renewables unit this year, thanks to a strong project pipeline and growth in PV component trading.
Solar developers have welcomed clarification on India’s new import duties for modules and cells that will come into effect next year, but questions have been raised about the ability of domestic manufacturers to ramp up production to meet rising demand.
Millions of Australian households fitted with rooftop PV could be charged for exporting electricity to the grid under new proposals that critics have warned could curb the uptake of solar systems and slow the country’s energy transition.
PV Tech delves into the performance of the top five publicly-listed US residential solar installers – Tesla, Sunrun, SunPower, Vivint Solar and Sunnova – detailing how they grew their market share in 2020, how regionality affected installs last year, and what hurdles the sector can expect in 2021.
Analysing the manufacturer's recent results disclosure, Mark Osborne details how Canadian Solar is falling behind its key rivals regarding its manufacturing expansions and shipments plans
Solar Balance of System (BOS) solutions provider Shoals Technologies has celebrated a “record year” in which revenues grew 21%, placing various post-IPO targets firmly in its crosshairs for 2021.
‘Solar Module Super League’ (SMSL) member Canadian Solar is guiding a significant increase in PV module and energy storage shipments, resulting in full year 2021 revenue of between US$5.6 billion to US$6.0 billion, over 70% higher than revenue reported for 2020.
