The US Department of Commerce has found that five Chinese solar PV manufacturers have been circumventing its import tariffs by relocating minor portions of their supply chains to Southeast Asia.
Solar Module Super League (SMSL) member Canadian Solar has lowered its 2023 revenue guidance primarily due to rapid decline in solar module prices in Q2.
Solar module manufacturer Maxeon Solar Technologies has posted a slightly dropped financial performance as its adjusted EBITDA for the second quarter of 2023 decreased by 2.4% to US$30.2 million.
Indian solar manufacturer Waaree will expand its ingot, wafer, cell and module production capacity by 6GW following a second round equity funding raise of around INR10 billion (US$121 million).