Solar PV solutions provider Nextpower has finalised its Saudi joint venture formation, Nextpower Arabia, which is building a manufacturing facility in the country.
Wang Bohua, honorary chairman of the China PV Industry Association (CPIA), said that the polysilicon production in China experienced its first year-on-year decline since 2013, while wafer production registered its first year-on-year decline since 2009.
India’s flagship solar PV manufacturing incentive has driven “robust growth” in the sector since its launch, but hurdles remain to building a complete domestic supply chain.
Nextpower, formerly Nextracker, will double its steel solar tracker manufacturing capacity in Tennessee and has established a new “regional hub” in the Southeast US.