Also on the rise: LG debuts stackable home battery ranging 10.6 kWh to 17.7 kWh. Will solar overtake natural gas by 2030? And more.
The addition marks the first phase of Qcells’ factory expansion and brings module production capacity to more than 5.1 GW.
Also on the rise: DOE announces $7 billion to kick off seven regional clean hydrogen hubs. Historic agreement accelerates large-scale solar development while minimizing land use impact. And more.
Six years after petitioning the U.S. government for tariffs to make its products more competitive, U.S.-based Suniva has revealed plans to commence 1 GW of cell manufacturing by spring 2024, followed by an additional 2.5 GW expansion.
In a new weekly update for pv magazine, Solcast, a DNV company, reports that areas across Mexico and Southern Texas saw reduced cloud, leading to 120-130% of average September irradiance.
Also on the rise: Solar cell prices are expected to hit fresh record lows following China’s Golden Week. Aqua Metals, 6K plan first circular supply chain for lithium batteries in the U.S. And more.
3Sun, once limited to Enel projects, has plans for up to 9 GW of global module manufacturing capacity split between the Old and New World locations – with the potential of perovskite modules being available in 2027.
Solar panel producer Maxeon Solar Technologies will lay off 750 employees by the end of the year as the company reels from reduced shipments from its largest distributed generation (DG) customer in North America and an ‘industry-wide demand slowdown’ in global DG markets.
Since the pandemic began in 2021, module prices have continued to fall, hitting a two-year low globally in April 2023. In the first two months of 2023, average U.S. module prices were $0.36 per Wdc, down 11% quarter-over-quarter.
Details of the settlement are confidential; however, Toledo Solar announced a new investor-led Independent board of directors and leadership team.
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