The closing of the Alabama-based facility comes in tandem with the announcement that LG will be folding its solar module business by the end of June.
The price of polysilicon last week reached its highest level since 2011 and, according to Chinese module manufacturer JinkoSolar, there are no visible signs that it could drop this year, as predicted by several analysts.
The Korean manufacturer said its solar module business will be closed by the end of June. It blamed uncertainties in the global solar industry for its decision.
Ernst & Young’s 2021 report detailing transactions in power and utilities shows a higher focus on ESG initiatives and renewable deals across the country’s utilities.
Also on the rise: LONGi modules detained under Hoshine WRO released. IBC solar cells shows efficiency potential of over 29%. SPI to begin manufacturing in former Sunergy plant. Is accelerated interconnection possible? Build Back Better now or later.
Mass adoption of electric vehicles presents boundless opportunities for these vehicles to support our grid and power our homes. Developing and adopting standards for this emergent technology is needed to accelerate the path to these opportunities.
The decision will now go to the courts, where subsequent decisions and appeals could drag this matter on far into the foreseeable future.
Shipping containers storing roughly 100MW of LONGi solar modules have been released, reports ROTH Capital Partners in an industry note, while Trina has had the vast majority of its detained product released, if not all of it entirely.
The project is the third-largest approved under the state’s recent large-scale solar boom.
The acquisition is expected to enable EnergySage to develop new solutions for high-efficiency HVAC, smart home devices, and other clean energy products and services.
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