solar manufacturing

With five public entities having committed RMB1.25 billion into a project to produce copper, indium, gallium, selenide solar modules five years ago, the joint venture has been abandoned at an estimated impairment cost of RMB1.42 billion.

Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region.

The polysilicon maker has announced it wants to build another factory in in Baotou City, Inner Mongolia. Elsewhere, the National Energy Administration has said new PV installations for the first 11 months of the year totaled 34.83 GW.

As solar energy experiences record growth, investors, customers, and regulators are increasingly asking for more disclosure and transparency on how solar supply chains are managed throughout product life cycles.

The Euro trade body has promised to monitor the developing solar jobs market annually from now on, and pointed to Poland’s position at the top of the tree of EU member states for PV jobs last year as evidence the technology can still benefit from legislative backing.

Adani, Reliance New Energy, Jindal India Solar and Shirdi Sai Electricals have been put on a shortlist for India’s production-linked incentive scheme for high-efficiency PV module manufacturing. The list includes 14 other companies vying for the incentives.

China Green Development Group is building a giant project consisting of 3 GW of photovoltaics and 300 MW of concentrating solar power. The plant is scheduled for completion in 2025 and is part of China’s 14th five-year plan.

A note issued by Norwegian analyst Rystad has hinted it may be time to consider abandoning the 1.5-degree average global temperature rise ceiling agreed upon in Paris six years ago, because the world will never be able to pump out enough solar panels in time.

In addition, JA Solar was able to ship 10 GW of modules in the first six months of the year and raise RMB5 billion for new production capacity.

The new polysilicon factory will be located in Leshan City and will be built thanks to an investment of $2.1 billion.