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.
The two companies have signed a multi-part memorandum of understanding, and are planning a co-located facility at a site in Jackson, Tennessee.
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.
Also on the rise: Swedish battery manufacturer to open factory in Canada. Growth of solar, wind cuts emissions in global electricity sector. And more.
Northvolt Six will use a circular economy approach in its 60 GW/h of annual cell manufacturing in Quebec, assembling batteries for the U.S. automotive market.
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.
One year after the passage of the Inflation Reduction Act, federal policies help turn the page toward an economy powered by emissions-free technology and domestic manufacturing.
The rise of cost-effective TOPCon cell technology last year led to a ‘surge’ in production demand for solar n-type cell technology, with leading industry analysts TrendForce prophesying PERC cell capacities ‘may’ be phased out in two to three years.
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