2022 saw the solar PV market enter a ‘new growth dimension’, where 239GW of solar capacity was added across the world representing two thirds of all new renewables capacity.
JA Solar has announced a plan to construct a project in the Ordos High-Tech Zone, with an annual production capacity of 30GW ingots, 10GW silicon wafers, and 10GW modules. The total investment amounted to about RMB6.02 billion (US$870.1 million).
All developers active in the US market will increase their renewable energy development, while over 60% will participate in domestic clean energy manufacturing buildout.
Danish renewables developer Ørsted has signed a recycling partnership agreement with Solarcycle to process and recycle the entirety of the modules in their US portfolio.
SEG Solar has announced the signing of a strategic cooperation agreement with China's UKT New Energy Technology, a company specialising in the design of junction boxes, for the construction of a junction box factory in Houston, Texas. The factory will ultimately guarantee the supply of module materials for SEG's own Houston manufacturing facility.