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Despite additional solar and wind contributing to a record reduction in global coal generation last year, new renewable energy projects are still not being built quickly enough to keep pace with rising electricity demand.

More than 180GW of solar will be deployed globally this year as the sector defies headwinds including higher module prices and supply chain constraints, IHS Markit has said.

Market leading PV module film material manufacturer, First Applied Materials has reported soaring profits on the back of growing demand, increased capacity and higher average selling prices (ASPs) for the fourth quarter and full-year 2020.

China is to ramp up its support of domestic solar companies in a bid to fast-track development in the country.

Thin-film laser systems equipment supplier LPKF Laser & Electronics suffered from delays in receiving new expected orders from two long-stand customers last year.

China-based integrated monocrystalline PV manufacturer Solargiga Energy has warned that despite a 37% increase in total revenue for 2020, supply chain issues led to expected losses of around RMB215 million (US$33 million) for the year.

Major polysilicon and wafer producer GCL-Poly Energy Holdings expects a net loss of at least US$891 million, its largest on record.

LONGi Solar is planning to build a new 5GW high-efficiency monocrystalline solar cell plant in Yinchuan, China.

Shortages of polysilicon and glass causing centralised procurement bids in China to top RMB1.8/W (US$0.28c/W)

A Chinese government policy that resulted in hundreds of megawatts of floating PV projects deployed on flooded coal mines could be replicated elsewhere, according to Sungrow.