The US solar industry has registered its best third quarter with 6.5GW of PV installed in Q3 2023, however residential started to show a slowdown in certain states.
As the industry leaves behind p-type technology, most module manufacturers have either chosen tunnel oxide passivated contact (TOPCon) or heterojunction to jump towards n-type modules, with some opting for back contact (BC) cells to transition towards the new technology.
Tongwei Solar has presented its latest n-type TOPCon half-cut cell module products at the 6th China International PV Industry Conference in the city of Chengdu, Sichuan province.
US domestic solar company SunPower has lowed its FY2023 guidance due to reduced consumer demand, delayed revenue recognition from longer cycle times, and a net loss of more than US$30 million in the third quarter this year.
US residential solar installer Sunnova's new customer addition slightly dropped to over 37,000 in the third quarter this year, while its net loss in the same quarter increased to US$56.5 million year-on-year.
US residential solar installer Sunnova has recorded a reduced adjusted EBITDA year-on-year of US$28.1 million for the second quarter of 2023 although its revenue increased by 13.2%.
