2024 has been marked with a downturn in the solar industry, with companies shutting down, laying off employees or restructuring its business. Here, PV Tech runs down its top 10 stories of the past 12 months.
US solar manufacturer Toledo Solar has gone out of business. In a statement, the company said it “will be ending all research and development efforts and winding down operations effective immediately.”
US solar manufacturer Toledo Solar has settled its lawsuit with cadmium-telluride (CadTel) thin film solar manufacturer First Solar for an undisclosed amount.
First Solar has filed a legal complaint against fellow US PV manufacturer Toledo Solar for modifying, marketing and reselling old First Solar panels as its own product, claiming to be made in the US.
The US Department of Energy (DOE) has announced US$52 million in financing for research and development (R&D) into domestic solar manufacturing and recycling, including a focus on new technologies.
Amid potential supply chain bottlenecks as China increases its PV manufacturing dominance, companies in markets such as the US, India and Europe are looking to leverage new policy support to scale up domestic production. Jules Scully charts the industry’s efforts to onshore solar module manufacturing.
US module manufacturer Toledo Solar has partnered with Turkish-based material manufacturer KordSA to expand its PV manufacturing capacity across Europe and Central Asia.
