wafers

Solar manufacturer REC blames high electricity prices for the recent closure of two Nordic polysilicon production facilities.

Tim Buckley, director of Climate Energy Finance, speaks to pv magazine about the current steep trajectory of solar module prices. He estimates that PV panels prices will end up dropping by 40% this year and predicts the closure of old technology and sub-scale solar manufacturing facilities, both in China and globally.

China’s National Energy Administration (NEA) says the nation deployed 33 GW of new residential PV capacity between January and September, bringing cumulative installations to 105 GW, while Flat Glass says it will invest $290 million in new glass factories in Indonesia.

Polysilicon prices fell by as much as 2.10% in China this week, according to the China Nonferrous Metals Industry Association (CNMIA).

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.

China deployed 128.94 GW of new solar power in the first nine months of 2023, with 15.78 GW added in September, bringing its cumulative capacity to 525 GW, according to the National Energy Administration (NEA).

Sunrev says it plans to build a vertically integrated cell and module facility in Xining, in China’s Qinghai province.

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.

TCL Zhonghuan has raised funds to build a polysilicon and cell factory, while Haitai Solar has changed the location of its 10 GW TOPCon factory from Yancheng, Jiangsu province, to Chuzhou, Anhui province.

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.