GCL Technology has posted CNY 15.1 billion ($16.7 billion) in revenue and a CNY 4.75 billion net loss for 2024. The Chinese polysilicon and solar module manufacturer says its current annual capacity is 480,000 metric tons (MT).
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.
Tongwei says it will bring in strategic investors for its polysilicon subsidiary, Sichuan Yongxiang Co., raising CNY 10 billion ($1.38 billion) at a CNY 27 billion valuation, with investors acquiring a stake up to 27.03%.
Singapore-based solar manufacturer Gstar Solar has received the first of 120 monocrystalline growth furnaces to be delivered to its new 3 GW wafer manufacturing facility in Indonesia.
Sunwafe SL has secured the largest share of Spain’s €297.3 million ($321.6 million) fund for clean energy manufacturing, as the government boosts support for domestic production.
Amid a record amount of new solar capacity added in China in 2024, the share held by small-scale, “distributed” arrays fell to 38%, from 58% in 2022. Grid constraints, policy changes, and pricing adjustments have impacted home and business solar arrays, as Vincent Shaw reports, from Shanghai.
Despite rising tariffs on imports and a looming U.S. Department of Commerce investigation, American solar-grade polysilicon production is expected to keep pace with the growth of the domestic PV supply chain.
Trina Solar’s National Key Laboratory of PV Science and Technology says that its new perovskite-polysilicon tandem module has achieved 808 W of peak power output in TÜV SÜD testing.
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.
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.
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