Solar manufacturer Tongwei is forecasting for a six-fold increase in net profit for Q1 2022, highlighting the impact pricing spikes are having on upstream manufacturer fortunes.
Buy aluminium and steel when possible in order to accumulate stock and hedge against continued price rises for both. While the price of nickel has undergone a “short squeeze”, copper is likely to continue trading sideways in the near term and there is no immediate risk to silver supply.
The US Department of Commerce (DOC) is to investigate alleged circumvention of antidumping and countervailing duties (AD/CVD) by solar manufacturers in Cambodia, Malaysia, Thailand and Vietnam.
Jan Vedde, senior project manager for European Energy, takes a look at the key technological trends in the solar PV market, from changes to silicon cell manufacturing to the benefits of bifaciality.
The chemical process of halogen bonding has “considerable potential for the development of a new generation of solar cells based on perovskites”, according to researchers at the Polytechnic University of Milan.
The foundation of a “transformed Maxeon Solar Technologies” is nearly in place, according to the company’s CEO, after it addressed its logistical failures, experienced strong demand for its products and landed a supply contract with US residential installer SunPower.
Vikram Solar has filed draft papers for its initial public offering (IPO) as it looks to raise funds for a 2GW integrated cell and module manufacturing plant in India.
Hanwha Solutions has an “ambitious plan” to revitalise US solar manufacturing increasing its stake in polysilicon producer REC Silicon, although it has called on the US to pass the Solar Energy Manufacturing Act (SEMA) to help support this.
JinkoSolar has confirmed an acceleration to its manufacturing capacity expansion plan on the back of higher than expected demand, despite supply chain constraints continuing to apply pressure on margins.
Aker Horizons ASA has agreed to sell its remaining shares in Norwegian polysilicon REC Silicon to South Korean chemical company Hanwha Solutions Corporation in what Aker has said is a “major step in rebuilding the US solar supply chain”.
