2022 saw the arrival of DAS Solar as one of the PV industry’s rising stars, the five-year-old company attracting strategic investment from, among others, China Merchants Venture Capital, Three Gorges Capital and Yongfu Shares.
Amid potential supply chain bottlenecks as China increases its PV manufacturing dominance, companies in markets such as the US, India and Europe are looking to leverage new policy support to scale up domestic production. Jules Scully charts the industry’s efforts to onshore solar module manufacturing.
The future of solar module deployment may be rooted in mass, rapid deployment rather than precisely tilted, steel-mounted and spaced-out panels extending over acres of land. So says Australian company 5B, which manufactures accordion-style folding solar arrays that arrive at a project site flat-packed and ready to be deployed.
The largest solar investment in US history, a pivot to a vertically integrated PV manufacturing facility in the state of Georgia by Qcells, was enabled by a combination of state support, federal government investment and related benefits coming from the Inflation Reduction (IRA), according to the company.
CSI Solar has announced plans to expand its solar and battery storage manufacturing capacity in China, through an investment agreement with the municipal government of Yangzhou City in Jiangsu Province.
Solar PV manufacturer Qcells has signed a deal with Microsoft to supply at least 2.5GW of its modules to projects from which the tech giant will purchase renewable energy.
Indian solar module manufacturing capacity is forecast to reach around 95GW – up from 39GW at the end of September 2022 – according to research from analyst and consultancy Mercom India Research.
A new initiative, the Africa Renewable Energy Manufacturing Initiative (AREMI), has been launched with the aim to scale up renewable energy manufacturing capabilities in Africa.
