UAE-owned renewable energy company Masdar has signed a joint development agreement with state utility Turkmenenergo to develop 100MW solar PV plant in Turkmenistan.
LONGi Green Energy Technology has signed an investment agreement to set up a 10GW monocrystalline module manufacturing facility in China’s Guangdong Province.
Newly launched solar inverter and solutions provider Solinteg has launched a range of new PV products in recent months as it expands its international presence and targets 2GW of production capacity next year, rising to 10GW in 2025.
Canadian Solar expects to start shipping the first TOPCon products early next year and will focus on the technology in the future with all new cell capacity.
A subsidiary of polysilicon producer Daqo New Energy has signed a five-year polysilicon supply agreement with an undisclosed solar manufacturing company in China.
Two of the world’s major coal-based economies were expected to receive billions of dollars of funding at COP27 from a G7 initiative to wean them off coal and deliver clean energy transitions, but while Indonesia has walked away with a US$20 billion deal, talks have stalled on the US$5 billion set aside for its Southeast Asian neighbour Vietnam, leaving the G7 nations that deliver the funding scratching their heads.
The solar PV industry is forecast to produce 310GW of modules in 2022, representing an incredible 45% year-on-year increase compared to 2021, according to the latest research undertaken by the PV Tech market research team and outlined in the new PV Manufacturing & Technology Quarterly report.
