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.
A total of 122 modules types from 25 manufacturers have been named as “Top Performers” by PV Evolution Labs (PVEL) in its 2022 Module Reliability Scorecard, with some ‘best ever results’ in certain categories and more powerful modules being offset by poor performance in others areas.
Solar Energy Industries Association (SEIA) has slashed its US solar installation forecasts by 24GW over the next two years following the US government’s decision to investigate the circumvention of duties in Southeast Asia, claiming 100,000 solar jobs will be lost as a result.
Heterojunction cell and module manufacturer Meyer Burger has started development of a new module facility with an additional 400MW in Germany to cater for European demand.
More than 90% of respondents to a Solar Energy Industries Association (SEIA) survey said that the US Department of Commerce’s (DOC) decision to investigate alleged circumvention of antidumping and countervailing duties (AD/CVD) is having a “severe or devastating impact” on their business.
US residential solar installer SunPower is in late-stage discussions with US thin film manufacturer First Solar to develop the “world’s most advanced residential solar panel”, its CEO Peter Faricy revealed during an analyst day presentation that also set out the company’s new strategy.
China is expected to add 83 – 99GW of PV capacity every year from 2022 to 2025, while Europe is now its largest export market for solar products, according to a China Photovoltaic Industry Association (CPIA) report on the outlook for the PV industry over the next few years.
