Canadian Solar has tweaked its planned capacity expansions for this year, stripping back module assembly capacity expansion to instead produce more solar wafers and cells as the industry continues to recalibrate following months of supply chain volatility.
Canadian Solar reported record quarterly revenue in Q2 2021, buoyed by a return to profit from its manufacturing division, but reduced its total shipment guidance for the year amidst continued industry headwinds.
SMA Solar Technology saw inverter sales decline in the first half of 2021 and warned of potential delivery capacity constraints in H2 because of the ongoing strained supply situation for electronic components.
Nine US projects will receive funding from the country’s Department of Energy (DOE) to accelerate the commercialisation of technologies that can help integrate more solar electricity into the energy grid.
US solar tracker provider Array Technologies slipped to a loss in the second quarter of 2021, but has changed business processes in order to reduce its exposure to future rises in commodity and shipping costs.
PV manufacturing equipment supplier Singulus Technologies has received an order for a pilot line of its next-generation selenisation machine from a subsidiary of existing customer China National Building Materials (CNBM).
Three Indian manufacturers are said to be eyeing up investments in their solar manufacturing capacity as efforts to take advantage of protective measures and financial supports ramp up.
Canadian solar manufacturer Heliene is opening a new plant in Florida that will produce heterojunction (HJT) modules for residential and commercial applications.
Solar glass provider Xinyi Solar has reported a more-than-doubling of profits in H1 2021, but warned that weaker demand and lower prices for solar glass will dampen its results in the second half of the year.
Polysilicon manufacturer Xinte Energy has raised RMB2.3 billion (US$355.9 million) from its owner TBEA in order to fund its target polysilicon capacity of 100,000 metric tonnes (MT)
