The U.S. manufacturer has started building its third Ohio production base and has also begun ordering equipment to kit out its first factory in India.
A quarterly update top-loaded with promising business growth in the company’s residential segment revealed commercial and industrial operations supplied an $8 million loss to the three-month figures, with supply chain issues and project timetables blamed.
A report by BloombergNEF and Schneider Electric makes the case for governments to unlock huge rooftop solar potential, citing California’s solar mandate as a shining example.
A renewables investment report from BloombergNEF noted record growth for solar projects as wind power investment eased. A 1.8% yoy rate of growth was cause for concern, however.
Daqo expects another 180-220,000 metric tons of poly production lines to appear next year, enough to supply 240-250 GW of solar modules and 200-210 GW of generation capacity.
The nation produced 57% more solar cells in the first half of this year than in the same period a year earlier.
The Photovoltaics Report published by Fraunhofer ISE said that Europe had just 1.25 GW of solar wafer production capacity at the end of 2020.
Imports from South Korea and the U.S. dwindled, year-on-year, ensuring Germany’s Wacker and the Malysian unit of Korean company OCI will supply the bulk of the world’s non-Chinese solar polysilicon this year.
Full-year revenues nudged up despite tough comparisons with the end of 2019 for the final quarter of last year. The inverter maker expects to log revenues of $385-405 million in the current three-month window.
The Japanese brand plans to shutter its Malaysian factory, liquidate its Panasonic Solar Energy Malaysia subsidiary, and lay off staff by March 2022.
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