Major Chinese polysilicon producer Daqo New Energy has posted a decreased financial results for the fist quarter of 2024 as the wafer sector faced pressure from accumulated inventories and negative margins.
US renewables developer energyRe has secured a total of US$240 million to finance the 108MWdc/198MWh Lone Star solar-plus-storage project in South Carolina.
Leading Chinese module manufacturer JinkoSolar has published its financial results for the first quarter of 2024, which include over 21GW of shipments and total revenues of RMB23.04 billion (US$3.19 billion), a slight year-on-year (YoY) fall.
An increase in solar module prices is “hard to imagine unless there is a massive shortage in supply”, according to PV Tech head of research Finlay Colville.