Manufacturing

Lower average selling price (ASP) and polysilicon volume sales have dented the revenue of Daqo New Energy in the opening quarter of 2023.

India-based renewables developer Avaada Group has raised US$1 billion from asset owner Brookfield Renewable to fund the growth of its renewable energy platform in India.

Italian utility Enel’s US subsidiary Enel North America has said that Oklahoma is the favourable location for its planned 3GW US cell and module manufacturing facility.

TCL Zhonghuan has made a series of announcements recently, including investing in a 25GW N-type TOPCon project, initiating a share buyback and releasing its operating data in the first quarter of the year, which reflected its new direction in the industry and confidence in high quality development.

President Joe Biden would veto the repeal of his two-year waiver of US solar import tariffs if it passed through the House of Representatives, the White House has said.

The US Department of Energy (DOE) has announced US$52 million in financing for research and development (R&D) into domestic solar manufacturing and recycling, including a focus on new technologies.

Inverter supplier SMA Solar Technology has started the construction of a 20GW inverter factory in Germany expected to be operational in 2025.

The legislation seeking to repeal Joe Biden’s two-year waiver on solar import tariffs will go to a vote in the House of Representatives next week.

Ascent Solar can use the new European presence to provide in-region support for EU driven net zero initiatives after the acquisition.

Over 400 US solar companies have sent a letter to Congress advising against the repeal of Joe Biden’s two-year waiver on solar import tariffs, led by trade body the Solar Energy Industries Association (SEIA).