Around 35GW of PV manufacturing in Europe is at risk of being mothballed as elevated power prices damage the continent’s efforts to build a solar supply chain, research from Rystad Energy suggests.
Qcells has heightened its commitment to the global solar supply chain as its parent company, Hanwha Solutions, increases investment in clean raw materials.
Inverter manufacture SolarEdge has posted record revenues and inverter shipments for Q2 as it benefited from strong demand for its products in the US and Europe, while addressing previous supply chain problems that had hampered performance in the previous quarter.
Solar PV costs continued to decline globally in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs.
C&D Clean Energy has announced the signing of a strategic partnership with Tongwei Solar to jointly drive business development in the field of solar module sales and marketing and supply chain service and operation.
PV Tech’s new series of insight-led webinars, PV Tech Insights, kicks off this week to discuss that very challenge, with S&P Global’s George Griffiths joining us to share his expert insight into shipping and logistical challenges facing the solar supply chain.
The world added record amounts of renewable energy last year with 295GW of capacity deployed, up 6% year-on-year, despite supply chain constraints, project delays and high commodity prices, according to the International Energy Agency (IEA), which also expects nearly 320GW to be deployed this year.
US thin-film manufacturer First Solar recorded a US$43.3 million loss in its Q1 2022 mostly caused by a drop in sales, with the company expecting a “challenging 2022 from an earning standpoint” given ongoing supply chain constraints.
C&D Clean Energy has announced a partnership with Shtigen LLC, a leading company in Armenia’s renewable energy market, for 6.7MW of solar power plant supply chain services.
