As solar imports to the US face increasing restrictions, domestic manufacturers are racing to build upstream production capability. With 66GW of module capacity chasing just 11GW of domestic cells, the supply chain crunch is reaching a critical inflection point, write Moustafa Ramadan and Joe Hennessy.
Jinko Solar has posted an improved financial result for the first quarter of 2023, as its net income attributable to ordinary shareholders increased by 18.6% quarter-on-quarter.
The European Commission has approved Romania’s €259 million scheme to support investments in the production, assembly and recycling of batteries, PV cells and solar panels.
The sourcing of PV cells and modules from authorised providers was due to become mandatory for certain projects in April but the country is granting a six-month extension to help with COVID-19.
Facility’s location at out-of-the-way Si Racha zone, preliminary stocking of raw materials and the still-healthy state of global freight have helped minimise impacts, manufacturer tells PV Tech.
Controversial Brazilian president vetoes bill containing dispensation for PV cells as appetite mounts among foreign solar manufacturers to supply market undergoing solar transformation.