Solar module producer Longi announced its second price increase in less than a month, and industry sources expect wafer prices to continue rising in June.
Trina Solar broke ground on its Thai Nguyen plant in December, and completed construction in five months.
In reporting first quarter results, the company said it would use some of its $1.5 billion in cash to stockpile materials as a hedge against rapid price rises.
Maxeon’s Air technology platform looks to bring solar to previously inaccessible roof spaces.
Shaving off 15% would trim new capacity additions by more than 2.3 GW this year alone, based on Energy Information Administration forecasts. Higher prices throughout the solar supply chain are being blamed.
Also on the rise: More community solar comes to Colorado, battery energy storage will support Dominica’s grid via a UAE international development fund, and Carbon Neutral Energy says ‘howdy’ to Texas.
The document is written to have “universal application” across product lines intended for export to the U.S. market, and is expected to be adopted by equipment manufacturers and U.S. importers.
Also on the rise: Governor signs Rhode Island climate bill, Li-ion battery recycler secures $20 million for a processing center, and a joint U.S.-Israeli government venture funds a cyber security initiative.
Also on the rise: Canadian Solar starts work on $230 million worth of solar projects in Japan, and the Canadian government backs efforts to move Arctic communities off of diesel and onto renewables.
The approach taken at the 13.7 MW site redirects and concentrates otherwise discarded light onto the PV cells.
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