The company has formally terminated its originally planned 15GW ingot pulling and PV cell manufacturing project, redirecting its resources to the more promising lithium battery silicon-carbon anode material sector.
US solar deployment reached a record high in 2021, but with volatile commodity prices and supply chain uncertainty leading to project delays and cancellations, utility-scale additions are set to contract this year.
Renewables developer Engie has cancelled a planned grid-scale solar-storage project in Hawaii amidst supply chain issues and trade disputes impacting US solar.