TCL Zhonghuan has made a series of announcements recently, including investing in a 25GW N-type TOPCon project, initiating a share buyback and releasing its operating data in the first quarter of the year, which reflected its new direction in the industry and confidence in high quality development.
The US market is expected to see a strong uptick in overall module supply, both domestic and overseas, in 2023. Alongside this will be a range of different module technologies, making the US market the most differentiated from a technology standpoint this year.
Solar PV manufacturer Astronergy has signed a deal with Romanian energy company EXIMPROD Grup to supply 200MW worth of its PV modules to the group’s pipeline of five solar projects.
Indian solar manufacturer Rayzon Solar has announced plans to set up a 500MW solar module factory in the US and expand its existing Indian production capacity by a further 1GW.
PV module prices are set to fall considerably in the next five years, though US market prices will remain higher than the rest of the world as its import policies and ongoing competition with China add a market premium.
TÜV Rheinland held a ‘Global PV Buyers’ Workshop’, inviting some 20 representatives from the industry’s downstream players to take part. Brookfield Renewable, BayWa, Engie, TotalEnergies and Lightsource BP and others, and companies mainly engaged in development and operations such as ACWA Power, Bouygues and ECADI shared their thinking from different perspectives on module quality and procurement strategies.
