JinkoSolar has become the first global player to ship 8GW of solar panels to India. The company now has a market share of 24% in the subcontinent, according to domestic research company JMK, consistently maintaining its position as market leader, with a record 2GW shipped in the first quarter of 2022 alone. A second well respected domestic research organization, Bridge to India, also placed Jinko in the No.1 spot in its Q1 report, both in terms of shipments (2039 MW) and commissioned capacity (893 MW).
Mark Osborne assesses solar research and development spends of the last decade, contextualising the industry’s current transition to TOPCon and how it has been driven.
US PV developer Birch Creek Development has increased its existing credit facility with debt financing provider Fundamental Renewables to US$250 million to pursue its 5GW solar pipeline in the US and support its module procurement strategy.
South Korea is planning to change its renewables targets as part of a host of energy policies from the country’s new government, which aims to increase the role of nuclear power.
The World Bank has approved US$165 million in additional financing to support 450MW of rooftop solar deployment in India and make distributed generation systems in the country more affordable.
A 2021 market share report released by IHS Markit has placed GoodWe as the No.3 PV inverter supplier in Australia based on total annual shipments, with the report also ranking the company 6th globally. GoodWe’s own internal research and analysis further suggests that the company was the leader in the Australian residential and commercial rooftop segment for the same period.
PV Tech Premium spoke with Cypress Creek Renewable Energy and AES Clean Energy to discuss the newly formed US Solar Buyer Consortium, its objectives, market challenges and the potential advantages it holds for US manufacturing and project development.
US authorities’ move to require documentation showing the source of quartzite in solar module imports should come as no surprise, experts have said, amid suggestions most companies will be able to overcome the latest hurdle that threatens to delay shipments.