Undetected faults and damage in solar PV modules, like cracks, manufacturing errors and foreign material, pose a “significant risk” to the solar industry according to a new report from US renewables firm Clean Energy Associates (CEA).
PV module prices are set to fall considerably in the next five years, though US market prices will remain higher than the rest of the world as its import policies and ongoing competition with China add a market premium.
PV modules will keep changing in the quest for higher efficiency and energy yield. However, the rapid and sometimes simultaneous introduction of new technologies increases overall quality risk, writes George Touloupas, senior director at Clean Energy Associates.
Amid potential supply chain bottlenecks as China increases its PV manufacturing dominance, companies in markets such as the US, India and Europe are looking to leverage new policy support to scale up domestic production. Jules Scully charts the industry’s efforts to onshore solar module manufacturing.
Global polysilicon capacities are on track to reach 295GW by the end of 2022 as six new facilities ramp up production this quarter, according to new research from Clean Energy Associates (CEA).
Solar module prices for international markets are expected to fall in tandem with forecasted polysilicon price reductions as of 2023, according to research from Clean Energy Associates (CEA).