Chinese solar PV manufacturer TCL Zhonghuan has planned to issue nearly RMB13.8 billion (US$2 billion) convertible bonds for its 35GW annual capacity ultra-thin high-purity mono silicon wafer and 25GW n-type tunnel oxide passivated contact (TOPCon) 4.0 highly-efficient solar cell plants.
PV module prices are set to fall considerably in the next five years, though US market prices will remain higher than the rest of the world as its import policies and ongoing competition with China add a market premium.
Allegations of fraud at Indian conglomerate Adani Group, which have knocked around US$125 billion off its market value since January, are unlikely to cause any perceptible damage to India’s long-term solar growth, according to two prominent members of the industry.
Nigeria’s National Agency for Science and Engineering Infrastructure (NASENI) has broken ground on a solar cell production plant in Gora, Nasarawa state.
Hanwha Advanced Materials Georgia (HAGA) – part of Hanwha Solutions – will increase its investment in the US state of Georgia to support the integrated supply chain plans of its PV manufacturing subsidiary QCells.
Last week, French PV startup Carbon announced plans for an integrated European PV manufacturing facility to produce an initial capacity of 5GW of cells and 3.5GW of modules. The company spoke to PV Tech Premium about its short and long-term plans, and why Europe needs a PV manufacturing ecosystem.
