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.
Solar PV additions have seen significant increase over the past few years, while it is also leading the increase in new renewable capacity worldwide this year, according to the International Energy Agency’s latest report Renewable Energy Market Update June 2023.
First Solar has filed a legal complaint against fellow US PV manufacturer Toledo Solar for modifying, marketing and reselling old First Solar panels as its own product, claiming to be made in the US.
China’s solar exports have continued to grow as demand from global consumers and developers increased, while its dominance in PV manufacturing will likely continue, according to Wood Mackenzie’s recent study.
