Everything seems to be pointing to the solar PV manufacturing sector going into a downturn in 2024, with loss-making potentially rife across much of the upstream sector.
In October, Turkish energy minister Alparslan Bayraktar said Turkey will need to install 5GW of solar and wind capacity every year until 2035, as renewables have great potential to meet the 2035 target of ‘supplying reliable and affordable energy in an environmentally friendly manner’.
The Australian Renewable Energy Agency (ARENA) will invest AU$11 million (US$6.9 million) in Australian solar technology company SunDrive Solar to support the commercial scale-up of SunDrive’s novel solar cell metallisation technology.
Undetected faults and damage in solar PV modules, like cracks, manufacturing errors and foreign material, pose a “significant risk” to the solar industry according to a new report from US renewables firm Clean Energy Associates (CEA).
Investment manager Quinbrook Infrastructure Partners has acquired a 200-hectare site to build a polysilicon manufacturing facility in Townsville, Australia.