During 2022, capex for solar PV manufacturing fabs reached a record high - at more than US$27 billion - with spending dominated by Chinese companies building out new fabs in China and across Southeast Asia.
Trade body SolarPower Europe has called on the European Commission to include a ‘best-in-class’ solar labelling to leverage PV demand for European manufacturing in the Green Deal Industrial Plan.
US independent power producer (IPP) Silicon Ranch has expanded its master supply deal with domestic PV module manufacturer First Solar, bringing the total agreed supply between the companies to 6.2GW.
Researchers in Singapore have found a less environmentally damaging way to produce perovskite solar cells in a laboratory, removing the need for lead which had previously been used.
Spanish utility Iberdrola and Spanish solar PV manufacturer Exiom have partnered to build a module manufacturing facility in Spain with an initial annual capacity of 500MW.
China’s PV industry's production value last year reached RMB1.4 trillion (US$203.5 billion), according to a report published by China’s ministry of industry and information technology.
PV manufacturer Risen Energy has recorded a 23.89% efficiency rating on its Hyper-ion heterojunction technology (HJT) solar module, which it claims is a new world record for HJT module efficiency.