There are currently over 40GW of Chinese-made solar modules in storage across Europe with a cumulative value of around €7 billion (US$7.8 billion), according to data from research firm Rystad Energy.
Bifacial perovskite cells could potentially produce up to 20% more energy yield than their monofacial counterparts, according to experimental research by scientists at the US’ National Renewable Energy Laboratory (NREL).
The IRS’ guidance on the domestic content tax bonus for solar projects under the IRA “makes it difficult for developers to attempt to access the 10% bonus ITC”, according to Martin Pochtaruk, president of North American solar PV manufacturer Heliene.
Senior VP Vincent Cao sat down with PV Tech at Intersolar Europe 2023 last month to chat about the company’s products, current and future technologies, overseas ambitions and financial strength.
US cadmium telluride (CdTe) thin-film module manufacturer First Solar has signed a framework agreement with solar developer Energix Renewables to supply 5GW of modules.
SPI Energy's PV manufacturing subsidiary Solar4America has said that it will start manufacturing heterojunction technology (HJT) n-type solar cells in the US by the end of 2024.
The European Commission (EC) has granted €3.6 billion (US$4.04 billion) to 41 large-scale clean tech projects via the EU Innovation Fund, including three projects on PV modules under the clean tech manufacturing category.
Chinese module manufacturer GCL System Integration (GCL SI) has estimated its preliminary net profit for the first half of 2023 to be around RMB100-120 million (US$14-16.7 million), up 160.6-219.9% from the same period last year.
