capacity expansion

Tongwei held a signing ceremony last week for a 120,000-ton high-purity crystalline silicon project it plans to set up in China’s Sichuan province.

Renewables developer Fotowatio Renewable Ventures (FRV) has declared its entry into the German market, opening its first German office in Munich in December and expressing the intention to develop 2GW of solar and energy storage assets in the next four years.

The Inflation Reduction Act (IRA) is set to boost investment into US renewable energy deployment and manufacturing from US$64 billion in 2022 to US$114 billion by 2031, according to research from Wood Mackenzie, though a mismatch between solar deployment demand and domestic manufacturing capacity may see the sector’s domestic profile lag behind.

Nearly two-thirds of US generating capacity additions in the next three years will be fulfilled by solar, with the technology’s share of power generation in the country set to almost double, according to a report from the Federal Energy Regulatory Commission (FERC).

Indian module manufacturer Waaree Energies has ramped up its module manufacturing capacity to 12GW to be operational by March 2023.

The latest round of renewable energy auctions in Poland has allocated approximately 486MW of solar PV capacity and seen just three of a proposed seven auctions settled successfully.

Polysilicon supplier Tongwei continues to expand its solar footprint, revealing plans this week to set up a 25GW module manufacturing base in the Nantong Economic and Technological Development Zone, in China’s Jiangsu province.

Major polysilicon producer Daqo New Energy has increased its expected polysilicon production capacity by 100,000MT in Inner Mongolia and reach a total production of 305,000MT by the end of 2023.

US-based PV module manufacturer Mission Solar Energy will ramp up its manufacturing capacity to 1GW in the US to meet industry demands for 2023 and beyond.