The US market is expected to see a strong uptick in overall module supply, both domestic and overseas, in 2023. Alongside this will be a range of different module technologies, making the US market the most differentiated from a technology standpoint this year.
Solar PV manufacturer Astronergy has signed a deal with Romanian energy company EXIMPROD Grup to supply 200MW worth of its PV modules to the group’s pipeline of five solar projects.
The European Solar Manufacturing Council (ESMC) has called on the European Union member states to allocate financial support from REPowerEU grants to support solar PV manufacturing.
Indian solar manufacturer Rayzon Solar has announced plans to set up a 500MW solar module factory in the US and expand its existing Indian production capacity by a further 1GW.
As the PV industry reckons with its social and environmental impact and the byproducts of its processes, beyond the near-term questions over provenance and manufacturing ethics, concerns at the horizon of a module’s lifespan are coming more and more into focus.
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 manufacturer Huasun has signed a 1.5GW module supply deal with Bulgarian engineering, procurement and construction (EPC) company Inercom to run through to the end of 2025.