PV Tech Premium speaks with analysts and trade bodies to examine what the newly agreed Inflation Reduction Act (IRA) could mean for US solar manufacturing
The US market shipped US$9.8 billion of modules in 2021, with the average dollar per watt value continuing to fall, according to the country’s Energy Information Agency (EIA).
India installed more than 12GW of solar PV in the financial year 2022 (FY2022) but this is expected to soar to more than 20GW in FY2023 as the country looks to accelerate its solar deployment, according to JMK Research.
Perovskite solar cells are susceptible to severe reverse bias challenges beyond those of traditional silicon cells, which may represent further impediments to the technology’s commercialisation, according to new research.
The value of Chinese solar PV exports during the first half of 2022 more than doubled year-on-year as module shipments surged, according to new government figures.
Indian energy giant Tata Power has signed a Memorandum of Understanding (MoU) with the Indian state government of Tamil Nadu to invest roughly INR3,000 crores (US$380 million) in setting up a 4GW cell and 4GW module factory in the state.
Trina Solar has started construction on a vast new industrial park in the central Chinese province of Qinghai that will cover almost the entire PV manufacturing chain from polysilicon production all the way down to modules.
The European Union’s REPowerEU strategy could be thwarted by higher material and module costs as a “perfect storm” looms over the sector following the pandemic, according to analysts Wood Mackenzie.
