Total solar installations are to hit 115GWdc this year as the sector continues to record a robust recovery from the COVID-19 pandemic, analysis by Wood Mackenzie claims.
Record Q3 revenue has helped major merchant solar cell producer Aiko Solar report nine-month revenue growth of 49.45%, compared to the prior year period, exceeding the company's full-year 2019 revenue figure.
Major polysilicon producer Daqo New Energy has been forced to revise down guided polysilicon sales volumes in the third quarter of 2020, due to customers postponing purchasing orders as market prices hit US$12.5/kg.
Driven by increased investor interest and a growing project pipeline, utility-scale floating solar installations are set to take off globally over the next few years, a report from Fitch Solutions says.
Italian headquartered FuturaSun has officially opened its second PV module assembly plant with a capacity of 500MW in collaboration with manufacturing partner, State Power Investment Corporation Limited (SPIC) in Taizhou, China.
China-based PV power plant developer and PV manufacturer CECEP Solar Energy Co is planning a major move into the rapidly developing merchant high-efficiency PERC large-area solar cell market with the construction of a 20GW hub in the Gaoyou Economic Development Zone, Gaoyou City, Jiangsu province.
'Solar Module Super League' (SMSL) member Trina Solar has announced further module assembly capacity expansion plans that support a new target of achieving no less than 50GW of total module assembly nameplate capacity by the end of 2021.
PV Tech’s analysis of ‘Solar Module Super League’ (SMSL) member JA Solar’s capacity expansion announcements in the first nine months of 2020 have revealed the company has already announced a total of over 104GW of combined plans, including ingot/wafer, solar cell and module assembly.
China’s newly announced ambition to reach carbon neutrality by 2060 and peak carbon emissions before 2030 looks set to spur on investment in solar and battery storage technology, as the country diversifies its power mix away from coal.
