supply chain

US solar manufacturer CubicPV has signed a long-term supply agreement with South Korean-owned polysilicon producer OCIM to support its planned solar wafer manufacturing facility.

Countries beyond China will need to invest US$700 billion to develop their renewables production capacity, according to Rystad Energy.

A shortage of US-made cells and other materials means ongoing reliance on imports to match domestic module capacity, according to CEA.

Solar manufacturer GCL SI is among the companies that will be present at COP28 and with whom PV Tech was able to speak with Zhang Kun, executive president of GCL SI about what it expects from COP28, the pledge to treble renewable generation capacity and what the solar industry can bring to the conversation in Dubai.

“Cut-throat” competition in the polysilicon production industry in 2024 could push many Chinese producers out of business, according to analysis from industry research firm Bernreuter Research.

China is on track to install a record 230GW of new solar and wind capacity this year, according to a report from Wood Mackenzie.

According to reports from Norwegian media outlets, the price of electricity in Norway, alongside worldwide overproduction of polysilicon, made REC’s operations untenable in comparison with its Chinese competitors.

A “toxic inventory” of modules has been building up in Europe because market growth has been slower than expected, according to S&P Global.

PV Tech spoke to Isabel Rodriguez, managing director at Glennmont Partners, about the challenges for the European solar supply chain.

Parliament’s decision has been met with both approval and some trepidation by representatives in the European solar industry. It will now pass to negotiations with the European Council to clarify its specifics.