Wood Mackenzie this week made a slew of predictions for the industry in 2022 and noted the effects the US’ recently announced anti-circumvention investigation is already having on utility scale plans.
Trina Storage’s new 2.1 MWh DC All-New Elementa solution is a modular LFP battery cabinet with a plug-in concept to connect multiple units. The company is ramping up battery manufacturing capacity to strengthen vertical integration, given supply chain risks throughout the world.
Secretary of Commerce Gina Raimondo indicated that antidumping investigations similar to the Auxin case in the past resulted in 10% to 12% tariffs, but Federal Register records show many large Chinese solar companies have paid higher rates than that. In 2017 to 2018, for example, rates for Trina Solar were 92.5%, Risen Energy 100.79%, Canadian Solar 95.5%, Jinko Solar 95.5%.
The US solar manufacturer booked nearly 12 GW in less than 60 days since the prior earnings call, bringing year-to-date bookings to 16.7 GW.
The German company’s decision to cede market share to Chinese companies producing the material for solar panels, in order to focus on semiconductor-ready, electronic grade product, has seen it slip behind its rivals in terms of production scale.
Ohmium International secured funding that is expected to quadruple the manufacturing output of its modular PEM electrolyzers.
An untenable level of risk onset by the Department of Commerce’s anticircumvention investigation has essentially shut down US procurement of PV modules, and Commerce is expected to take its full allotment of 150 days to make a ruling, said an industry note from Philip Shen, managing director, ROTH Capital Partners.
Array Technologies’ close relationship with First Solar, Hanwha, and Maxeon may be the reason for its strong revenue guidance, said an industry note from Phil Shen, managing director of ROTH Capital.
Boviet Solar has announced plans to rebrand its modules, while shifting its focus to new cell technologies.