US solar tracker manufacturer Array Technologies has published its financial results for the third quarter of this year, with revenue decreasing by 32% to US$350.4 million due to the decreased shipments.
Israeli solar inverter manufacturer SolarEdge posted strong Q1 2023 financial results with record revenues and shipments, building on a less profitable 4th quarter.
According to the company’s financial results for last year, 2022 was the first time that LONGi’s yearly revenue surpassed RMB100 billion (US$14.4 billion).
The solar PV industry is forecast to produce 310GW of modules in 2022, representing an incredible 45% year-on-year increase compared to 2021, according to the latest research undertaken by the PV Tech market research team and outlined in the new PV Manufacturing & Technology Quarterly report.
After securing the top spot in PV Tech’s module shipment rankings for a second consecutive year, LONGi Group VP Dennis She talks to Carrie Xiao about the company’s focus on creating value for customers and ongoing dedication to R&D.
Prices for solar modules in the US are expected to normalise following last week’s rejection of a petition surrounding alleged anti-circumvention of anti-dumping and countervailing duties (AD/CVD).
Liam Stoker reflects on the worsening crisis affecting solar module manufacturing and supply, with five of the industry's largest manufacturers calling for industry-wide collaborative efforts to resolve it.