Solar wafer prices have continued rise this week, with the latest pricing indications in China contributing towards a price increases of between 10.8 – 14.4% since the start of the year.
SoftBank-owned SB Energy has signed an order for 1.5GW of thin-film PV modules from First Solar to deploy across its 4GW solar and storage development pipeline projects in the US.
Indian module manufacturer Waaree Energies is taking advantage of rising interest in its products from export markets as it looks to maintain a full order book, the company’s CEO has said.
India must scale up investment in the large-scale domestic manufacture of upstream PV products to avoid the risk of logistics and commodity price fluctuations posed by its current high levels of solar imports, new research has suggested.
Delays in the shipping industry have likely peaked already, with the turnaround time for containers likely to fall month after month moving further into 2022. While the price of moving containers from China to Europe and the US remains very high, they have come down slightly since last year.
China is expected to add 83 – 99GW of PV capacity every year from 2022 to 2025, while Europe is now its largest export market for solar products, according to a China Photovoltaic Industry Association (CPIA) report on the outlook for the PV industry over the next few years.
India’s Production Linked Incentive (PLI) scheme is expected to add up to 40GW of additional cell and module manufacturing capacity in the country as it operates in tandem with the country’s upcoming Basic Customs Duty (BCD), according to Indian rating agency ICRA, a Moody's Investors Service company.
