Manufacturing

Spanish utility Iberdrola has submitted proposal for 1.6GW PV module assembly plant to the European Commission’s (EC) Innovation Fund.

India’s accelerated pace with its domestic solar manufacturing capacity is set to reach 110GW of solar PV module capacity per year by 2026.

PV module prices are set to fall considerably in the next five years, though US market prices will remain higher than the rest of the world as its import policies and ongoing competition with China add a market premium.

Portuguese utility EDP Renewables has inked a 1.8GW supply deal with US PV module manufacturer First Solar to power its US projects through 2028.

2GW worth of solar PV modules were detained at the US border throughout 2022 as a result of the Uyghur Forced Labor Prevention Act (UFLPA), representing 1,423 individual shipments.

Allegations of fraud at Indian conglomerate Adani Group, which have knocked around US$125 billion off its market value since January, are unlikely to cause any perceptible damage to India’s long-term solar growth, according to two prominent members of the industry.

Solar PV silicon wafer manufacturer TCL Zhonghuan has planned to reach a total mono wafer annual capacity of 180GW by the end of 2023.

The Solar Energy Corporation of India (SECI) has released the list of companies awarded in the second round of the Production Linked Incentive (PLI).

Canada will introduce tax credits, incentives and investment for developing and manufacturing solar PV, energy storage and other renewable energy technologies in an Inflation Reduction Act-style scheme.

Comprising 14 production lines, the factory is expected to begin production on or before the end of October this year.