Installed rooftop solar capacity globally is on track to increase 61% between 2021 and 2025 as policy support encourages deployment and homeowners look to mitigate high electricity prices.
Module prices are to remain elevated for the next 18 months at least, with any additional manufacturing capacity set to be quickly swallowed by soaring demand and capacity addition outside of China considered risky, Finlay Colville, head of market research at Solar Media, has said.
Inverter supplier SMA Solar Technology has lowered its 2021 earnings forecast even further and has warned of additional headwinds this year due to the ongoing global chip shortage.
Daqo New Energy recorded a dent to its quarterly revenues and margin in Q4 2021 after production costs spiralled and sales fell against a slide in demand.
India’s Production Linked Incentive (PLI) scheme is expected to add up to 40GW of additional cell and module manufacturing capacity in the country as it operates in tandem with the country’s upcoming Basic Customs Duty (BCD), according to Indian rating agency ICRA, a Moody's Investors Service company.
LONGi has raised its wafer prices for a second time in just over a month as hopes of falling costs fade and China shuts down for a week for its annual Luna New Year holiday.
PV CellTech 2022 is to be held in Berlin, Germany, the first time the industry-leading event will be located in Europe. Finlay Colville previews the event and provides attendance details.
The solar PV industry produced more than 190GW of modules during 2021, as the industry went through its first major production-led supply cycle, Finlay Colville reveals in exclusive analysis for PV Tech.