Chinese solar manufacturing giant Canadian Solar shipped 30.7GW of solar modules and posted US$274 million in net income in 2023, both “record” figures for the company.
First Solar CEO Mark Widmar has said that the US solar manufacturing industry “remains in a precarious position, despite the passage of the Inflation Reduction Act (IRA)”.
The EU has confirmed that it will pursue ways to support the European solar manufacturing industry, following discussions today (4t March) between the European Commission and solar industry representatives.
The proposal would have likely been consequential for the solar PV industry, which is plagued by allegations of forced labour in the production of polysilicon and other upstream components.
Thin-film solar manufacturing could add over US$10 billion in product value to the US economy by 2026, according to a study commissioned by US thin-film cadmium telluride (CdTe) solar manufacturer First Solar.