It will be 10 times more expensive to operate gas-fired power plants in Europe than to build new Solar PV capacity in the coming years, according to research by Rystad Energy.
Solar Module Super League (SMSL) member JA Solar achieved an operating revenue of RMB49.323 billion (US$6.8 billion) in the first three quarters on 2022, a year-on-year increase of 89%, according to the company’s financial results released yesterday.
Major polysilicon producer Daqo Clean Energy has reported strong financial results for Q3 2022 as the demand for its solar grade polysilicon remains strong and it continues to land large supply contracts.
The US residential solar market saw its fifth consecutive record for both customer additions and quarterly installations in Q2 of this year as high energy prices and inflationary pressures caused demand to spike.
New policies in major energy markets would accelerate the investment in clean energy to US$2 trillion by 2030 in the states policies scenario (STEPS), according to a report from the International Energy Agency (IEA).
US microinverter manufacturer Enphase has plans to establish four to six new manufacturing lines in the US by mid-2023 as it seeks to take advantage of manufacturing production tax credits contained with the Inflation Reduction Act (IRA).
Renewables asset manager Arevon Energy has bagged more than 2GW of First Solar’s Series 7 thin film PV modules as it continues its supply arrangement with the US manufacturer.
Spanish renewables platform Matrix Renewables has closed financing for construction of its California-based Gaskell 2 and 3 solar-plus-storage projects, which are already in an advanced construction phase.
Daqo New Energy has signed a ‘Procurement Framework Contract’ with a customer who will purchase 432,000 tonnes of solar-grade high-purity polysilicon from the company and its subsidiary Daqo Inner Mongolia between 2023 to 2028.
