Thin-film manufacturer First Solar delivered a robust start to 2026, posting record first-quarter revenue of $1.04 billion and maintaining its full-year outlook despite signaling a seasonal dip in second-quarter profitability.
The divestment, already partially secured via escrow, reflects regulatory pressure from U.S. FEOC policy changes. Boviet Solar also continues negotiations to sell a separate U.S. cell project.
The U.S. Department of Commerce has issued preliminary anti-dumping determinations for three key solar-exporting nations, establishing duties of up to 123% on crystalline silicon photovoltaic cells and modules.
Tariff reductions under the new U.S.-India trade agreement lower import costs for solar modules and energy storage components. Reciprocal tariffs were effectively reduced from 50% to 18%.
Energy storage in urban areas make strong use case for non-flammable flow batteries.
Saatvik Green Energy chief executive Prashant Mathur said his company seeks to be “risk-free” and focus on the domestic market in India.
With U.S. domestic steel mills booked solid through 2025, a sudden doubling of tariffs on imported steel has created a critical bottleneck for American industries. The move, which hits specialized Indian steel particularly hard, is now delaying projects for builders and renewable energy developers who rely on steady, affordable supply.
Avaada Electro, the solar manufacturing arm of Avaada Group is presenting its n-type G12, G12R and M10L tunnel oxide passivated contact (TOPCon) solar modules at the RE+ 2025 trade show in Las Vegas.
The anti-dumping and anti-subsidy cases targeting solar imports from India, Indonesia and Laos – submitted in July – can be expected to unfold into next spring.
WorldOne Energies has announced plans to build a 1 GW solar module factory in Ontario, Canada, marking a major step in its global expansion beyond India. The facility will produce tunnel oxide passivated contact (TOPCon) bifacial modules and cater to the North American market.
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