Solar manufacturer Maxeon Solar Technologies will lay off about 22% of its global workforce as it decided to entirely phase out its Maxeon 6 interdigitated back contact (IBC) modules as well as other operational realignment.
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).
