As solar module prices continue to drop to record lows, amid global oversupply, questions are being asked about how much inventory is sitting in European warehouses and when normal levels will return. With numerous estimates and assumptions swirling, EUPD Research’s Markus A.W. Hoehner and Ali Arfa have looked closely at the numbers in an attempt to provide a transparent view of the issue.
JinkoSolar has announced the construction of a 56 GW vertically integrated PV factory in Shanxi province, China, while Longi has started building a 100 GW wafer and 50 GW production facility.
The European Solar Test Installation (ESTI) has confirmed the results of Longi’s new perovskite/silicon tandem solar cell. It is currently the second-highest efficiency record in the world for a perovskite/silicon tandem cell.
TrendForce has ranked the top six module manufacturers by shipment volume in 2022, with Longi topping the list, followed by Trina Solar and JinkoSolar. JA Solar, Canadian Solar, and Risen Energy rounded out the top six, in a year dominated by large-format modules.
Longi Solar said it will invest CNY 42.5 billion ($6.65 billion) in 100 GW of wafer capacity and 50 GW of solar cell capacity in Shaanxi province, China.
Longi and TCL Zhonghuan have announced wafer price cuts, Arctech Solar said it will supply 2.8 GW of single-axis trackers for solar projects in India, and Risen Energy has started mass production of its heterojunction (HJT) solar modules.
Longi said it has achieved a 26.56% efficiency rating for a gallium-doped, p-type heterojunction (HJT) solar cell and a 26.09% efficiency rating for an indium-free HJT cell, both based on M6 wafers. Germany’s Institute for Solar Energy Research in Hamelin (ISFH) has confirmed the results.
DMEGC has revealed plans to build a 20 GW solar cell factory in Sichuan province, while Daqo said it has secured long-term polysilicon supply agreements with Longi and another undisclosed Chinese company.
Longi Solar has secured about 1 GW of new PV module supply orders in Bangladesh.
JinkoSolar did not infringe a patent asserted by Hanwha Q CELLS according to the U.S. Court of Appeals for the Federal Circuit, which affirmed an International Trade Commission finding from 2020.
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