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US solar tracker manufacturer Array Technologies has posted US$231 million in revenues and adjusted EBITDA of US$46.7 million in its Q3 2024 financial results.

JinkoSolar has published its financial results for the third quarter of the year, which include the shipments of over 23.8GW of modules.

The results continue the downward trend in polysilicon manufacturers’ fortunes as the market faces oversupply, cutthroat competition and prices below the cost of production.

2023 was a 'record year' for solar installations, dominated by China which is 'well above the sum of all other markets globally', the IEA said.

South Africa's announced 10% import duty on solar modules poses challenges for developers with tighter profit margins.

The average price of n-type material last week reached RMB41,700/ton (US$5,933), up 0.24% month-on-month, while other quotations remained stable, according to the latest figures.

Local PV manufacturers in South Africa are talking with tier one producers to collaborate on local facilities for the South African market.

Huasun Energy has been selected as one of China’s State Power Investment Corporation (SPIC)’s approved heterojunction cell and module suppliers.  

Daqo New Energy's polysilicon average selling price dropped from US$7.66/kg in Q1 2024 to US$5.12/kg in Q2 2024, while its average production cost sat at US$6.19/kg.

Against the backdrop of uncertain economics in the PV sector as a whole, the price of high-purity quartz sand has also fallen.