The US solar industry added 2.7GW of capacity during the second quarter of the year, more than half of all clean power installations, according to American Clean Power Association (ACP).
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.
Chinese module manufacturer GCL System Integration (GCL SI) has commissioned the first phase of its 20GW tunnel oxide passivated contact (TOPCon) cell plant in Wuhu, China.
Brookfield Asset Management and Indian conglomerate Reliance Industries have signed a memorandum of understanding (MoU) to pursue renewable energy manufacturing opportunities in Australia.
The US market shipped US$12.5 billion of modules in 2022, with the average dollar per watt value slightly increasing but still remains low, according to the country’s Energy Information Agency (EIA).
