Net revenues for the quarter (for both CSI Solar and Recurrent Energy, the manufacturing and project development businesses) were US$1.6 billion, a 23% increase from US$1.3 billion in Q1.
New antidumping and countervailing duty (AD/CVD) tariffs in the US could result in increased solar cell and module costs “to a level that significantly restricts solar supply and installations in the US”, according to new analysis from Clean Energy Associates (CEA).
660GW of solar PV capacity will be deployed in 2024 as market demand responds to sustained low module prices, according to polysilicon market researcher Bernreuter Research.
Solar module demand increased in Europe in May, according to data from solar wholesaler sun.store, as buyers’ confidence rose and the price of bifacial modules fell.
Silicon-based tandem solar cells and modules are expected to enter commercial production in 2027 with a module efficiency of 27%, according to the latest International Technology Roadmap for Photovoltaic (ITRPV) published by German engineering association VDMA.
Solar manufacturing giant LONGi has withdrawn from a public procurement process for a Romanian solar project after the European Commission (EC) launched an investigation into possible “market distortion”.
