Solar polysilicon, wafer and cell prices have all risen once again in the past week as demand continued to outstrip supply, with COVID-19 lockdowns in China continuing to disrupt the value chain.
Inverter manufacturer SolarEdge benefited from high demand for its products in Europe to increase revenues to a quarterly record while navigating a shortage of electronic components.
Last week saw yet another price increase from some of the solar industry’s largest manufacturers, continuing a trend that has placed some of the sector’s largest providers under heightened margin pressure and PV project developers the world over under strain.
Last week was results season for solar manufacturers in China, with much of the industry’s upstream confirming both their annual reports for 2021 and performance in the opening quarter of 2022. PV Tech’s Carrie Xiao discusses some of the key trends emerging from their annual reports.
Both GCL Technology and Daqo New Energy have leapfrogged Wacker Chemie in Bernreuter Research’s annual polysilicon top ten rankings, completing a China-based top three.
The May 2022 edition of our downstream solar journal, PV Tech Power, is now available to download, featuring articles surrounding the decarbonisation of solar manufacturing and deployment.
Solar polysilicon and cell manufacturer Tongwei has stated plans to significantly increase its manufacturing capacity over the next four years after confirming a six-fold increase in net profit in Q1 2022.
As the world leans on solar PV to decarbonise its power supply, so to must the solar industry clean up its act. Jules Scully charts the industry-wide efforts for a greener solar PV industry.
Daqo New Energy recorded a guidance-beating performance in the opening quarter of 2022, cashing in on excess inventory, lower production costs and higher than anticipated average selling prices (ASPs).
Kontron AIS is supporting PV manufacturers with a standardised Manufacturing Execution System (MES) for production control, material track and trace and equipment performance tracking, covering all processes from crystal growing over wafer and solar cell production to module assembly.
