Australia’s only silicon manufacturer bags $25 million in federal funding
Western Australia silicon manufacturer Simcoa Operations has received an AUD 39.8 million ($25 million) investment from the Australian government to boost the country’s silicon manufacturing capabilities.
Indian PV makers must brace for changing trade landscape
Indian PV exporters stand to gain from China’s restricted access to the US market, but mounting price competition from Chinese manufacturers and the risk of US tariffs on Indian goods could threaten their long-term growth, says Rubix Data Sciences in a new report.
India’s MNRE says imported silicon wafers do not meet domestic PV criteria
India’s Ministry of New and Renewable Energy (MNRE) has ruled that solar cells made with imported diffused silicon wafers, known as “blue wafers,” do not qualify for government programs requiring domestically manufactured PV cells.
Chinese PV Industry Brief: Daqo posts $345.2 million net loss for 2024
Daqo has recorded a $345.2 million net loss for 2024. The Chinese polysilicon manufacturer said revenue fell due to significantly lower average selling prices and a drop in sales volume.
Global solar module prices largely stabilize with upward momentum
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
‘Solar module prices will soon go back to over $0.12/W’
The global solar module industry is expected to regain a sustainable balance in the next six months, Yana Hryshko, head of Solar Supply Chain Research for Wood Mackenzie, told pv magazine. She explains why solar module prices may increase soon, suggesting that Tier 1 modules prices could reach $0.14-$0.15/W by the end of this year, and discusses how consolidation is materializing within the global PV industry.
Solar module downward price trend has been reversed
High-efficiency solar modules are becoming scarce, prompting some retailers to stockpile in anticipation of rising prices, says Martin Schachinger, founder of pvXchange.com. He expects module prices to climb moderately but steadily until at least early next quarter.
Chinese PV Industry Brief: China General Nuclear concludes 10 GW mounting system tender
The selected bidders are Trina Solar, Antai Ke Clean Energy, Xin Yuan Electric, Guoqiang Xing Sheng Energy Technology, and TBEA, with the winning bid prices ranging from CNY 0.209 ($0.29)/W to CNY 0.221/W.
Polysilicon market holds steady, awaiting policy-driven shift
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Adani moves to allay fundraising fears
Following the indictment of its chairman, Gautam Adani, in the United States over bribery allegations, questions are being asked about Adani Group’s ability to raise capital. With the charges related to solar, India’s PV industry has wider concerns. Adani Group refutes the allegations and says it is as robust as ever.
