US tracker manufacturers are planning to ramp up production capacity as they take advantage of support included in the country’s newly passed Inflation Reduction Act (IRA).
Solar module prices for international markets are expected to fall in tandem with forecasted polysilicon price reductions as of 2023, according to research from Clean Energy Associates (CEA).
The average price of polysilicon rose again this week, marking the 28th round of prices increases this year alone, according to data released by China’s Silicon Industry Association.
The US solar market was widely expected to thrive this year, but various policy headwinds have destabilised the module procurement market and created uncertainty to such an extent installations stalled. Liam Stoker reflects on events of the last 12 months.
The Chinese government has issued a notice to its PV industry that calls for the optimisation of the sector and further buildout of its infrastructure while warning against hoarding products and the establishment of solar monopolies.
TCL Zhonghuan has announced a US$200 million investment into Maxeon Solar Technologies that will allow the company to access Maxeon’s IBC solar cell platform, while using Maxeon's position as a global player to set up shop in international markets.
Canadian Solar has raised its 2022 revenue guidance as it progresses with efforts to ramp up its PV manufacturing capacity following a hike in module shipments in the second quarter.
US solar players have hailed the country’s landmark Inflation Reduction Act (IRA), signed into law by President Joe Biden this week, as a once-in-a-generation legislation that lays the groundwork for accelerated PV deployment and a significant ramp-up in domestic manufacturing.