China-based integrated monocrystalline PV manufacturer Solargiga Energy has warned that despite a 37% increase in total revenue for 2020, supply chain issues led to expected losses of around RMB215 million (US$33 million) for the year.
PV Tech speaks to Franck Zhang, head of global product strategy and market at Trina Solar, to discover the next steps for 210mm modules as power outputs continue to grow.
Analysing the manufacturer's recent results disclosure, Mark Osborne details how Canadian Solar is falling behind its key rivals regarding its manufacturing expansions and shipments plans
‘Solar Module Super League’ (SMSL) member Canadian Solar is guiding a significant increase in PV module and energy storage shipments, resulting in full year 2021 revenue of between US$5.6 billion to US$6.0 billion, over 70% higher than revenue reported for 2020.
Having topped RMB1.9/Watt (US$0.29/W) in early 2020 before falling to RMB1.4/Watt (US$0.21/W), PV module prices in China have been on a rollercoaster of late. PV Tech's Carrie Xiao has the latest on module pricing from China.
India will introduce a 40% basic customs duty on solar modules and 25% duty on cells as of April 2022 to cut the reliance on imports and expand the country’s PV manufacturing base.