US solar tracker provider Array Technologies slipped to a loss in the second quarter of 2021, but has changed business processes in order to reduce its exposure to future rises in commodity and shipping costs.
First Solar has lowered its earnings and module shipment guidance for 2021 as the company continues to anticipate elevated shipping costs for the remainder of the year.
The Solar Media podcast is back for another episode, and Liam Stoker and Andy Colthorpe explores the deepening materials crisis impacting upstream solar manufacturing, through from modules to trackers.
Array Technologies has withdrawn its guidance for 2021 after experiencing “unprecedented” increases in material and logistics costs which severely impacted earnings in the first quarter.
The solar supply chain will have to markedly adapt and change current solar shipping practices and overhaul utility-scale solar design models to accommodate next generation panels, industry stakeholders have said.
Brookfield Asset Management and logistics provider GLP have formed a 50:50 joint venture to develop and operate distributed rooftop solar PV on logistics and commercial rooftops in China.
