The preliminary finding that solar companies are circumventing U.S. tariffs is not expected to have a tangible effect on solar component supply, according to TrendForce.
Despite higher earnings in Q3, the company lowered its Q4 22 guidance to $44 million to $49 million, compared to the consensus of $73 million, reflecting recent acquisitions of European assets taken on its balance sheet.
The International Energy Agency (IEA) says unsubsidized heat pumps are already competitive with gas boilers in mature markets including the United States, Canada, Japan, Italy, and China. It says global sales will soar to record levels by 2030.
Industry checks show that a meaningful supply of JinkoSolar modules made with Wacker polysilicon have been cleared for the U.S. market, said Philip Shen, managing director of ROTH Capital Partners.
The United States has several good reasons to hold off on new import tariffs: the Inflation Reduction Act, China’s high solar competency, U.S. prior commitments to grow its solar fleet, and the shift of solar manufacturing from China to new nations.
Subsidiary CSI Solar, which produces about 10 bifacial and mono solar module models, remains on track to list on the Shanghai Stock Exchange in early 2023.
Also on the rise: Michigan’s regulator appears friendlier to solar. Canadian Solar’s battery business inks a large supply agreement for a global investor. And more.
Longi said it has achieved a 26.81% efficiency rating for an unspecified heterojunction solar cell, as confirmed by Germany’s Institute for Solar Energy Research Hamelin (ISFH).
As Longi and other solar manufacturers kick off massive growth in hydrogen generation capacity, expect large price decreases resulting from steep learning curves, echoing the rapid advances experienced by the solar power industry since the 1970s.
More than 240 companies signed on to a letter drafted by the Solar Energy Industries Association (SEIA), requesting that the Auxin antidumping petition is thrown out in the December 1 preliminary hearing.
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