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.
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.
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.
Major polysilicon and solar cell producer Tongwei Group has begun ramping the final cell lines at its 15GW Meishen production hub in Sichuan Province, with the facility now the largest single site for solar production in the world.
