LONGi Solar recorded a 21% leap in net profit in the first half of the year despite what it described as a “moderate” adjustment to capacity utilisation rates in the wake of market demand.
JA Solar has disclosed plans to invest up to RMB5 billion (US$773 million) in upstream silicon rod and wafer projects after witnessing its operating costs soar in the first half.
Liam Stoker recaps recent policy moves in the US and explores the difficult balancing act President Biden must now face between stimulating domestic solar manufacturing in the US and supporting solar deployment.
PV Tech speaks to JA Solar’s Henning Schulze about the module manufacturer’s European strategy, how vertical integration is helping it mitigate supply chain volatility and why lessons from the stock market can help guide solar module purchasing.
Canadian Solar has tweaked its planned capacity expansions for this year, stripping back module assembly capacity expansion to instead produce more solar wafers and cells as the industry continues to recalibrate following months of supply chain volatility.
Canadian Solar reported record quarterly revenue in Q2 2021, buoyed by a return to profit from its manufacturing division, but reduced its total shipment guidance for the year amidst continued industry headwinds.
Three Indian manufacturers are said to be eyeing up investments in their solar manufacturing capacity as efforts to take advantage of protective measures and financial supports ramp up.
Solar glass provider Xinyi Solar has reported a more-than-doubling of profits in H1 2021, but warned that weaker demand and lower prices for solar glass will dampen its results in the second half of the year.
