China’s solar module market has returned from its National Day festival to yet another surge in module prices, which are now standing at two-year highs. PV Tech’s Carrie Xiao analyses the impacts of this most recent price increase as the industry steadies itself once again.
A subsidiary of Indian conglomerate Reliance Industries has acquired solar module manufacturer REC Group and a 40% stake in EPC and O&M solutions provider Sterling and Wilson.
Solar Module Super League’ (SMSL) member JinkoSolar is investing US$500 million to set up a monocrystalline ingot and wafer manufacturing facility in Vietnam that will supply its cell and module plants in the US and Malaysia.
India added 521MW of rooftop solar in Q2 2021, an increase of 517% compared to the 85MW added in the same quarter last year despite a slight increase in costs, according to a Mercom India report.
A 58.5MW floating PV plant in Thailand, said to be the largest install of its kind in the country, has been connected to the grid, according to inverter and floating solutions supplier Sungrow.
Indian independent power producer (IPP) ReNew Power has completed its planned business combination with RMG Acquisition Corporation (RMG II) and has today began trading on the NASDAQ
Singapore’s national water agency PUB is considering the installation of two floating solar projects with a combined capacity of 144MWp as part of efforts to utilise the city-state’s reservoirs for renewables generation.
Maxeon Solar Technologies has said it may face manufacturing disruptions if it is unable to mitigate the impacts of raw material and component cost increases from its suppliers.