North America

The Norwegian company, Norsun, announced an investment of $620 million in a 5 GW ingot and wafer facility planned in Tulsa.

As part of our Intersolar 2024 interview series, pv magazine spoke with Amy Fang, Senior PV analyst at InfoLink Consulting, about new solar factories coming online and decreasing solar modules prices. She says the downward trend may continue until the first half of next year, with prices reaching $0.07/W, and estimates global module demand for this year could reached between 470 GW and 500 GW.

The Intersolar conference Munich 2024 drew over 100,000 solar professionals, completely filling the massive convention hall. Discussions focused on low module pricing, technology breakthroughs, batteries everything, general electrification, and so much more.

Also on the rise: Meyer Burger set to begin production at U.S. module factory. City of Detroit to install solar in mostly vacant neighborhoods. And more.

Partnerships with steel equipment producers in Ohio and two locations in Texas will enable Origami to have its steel solar module frames shipped from fabricator to module manufacturer in one to two days, the company says.

Three Detroit neighborhoods were chosen as sites for solar facilities. The City plans to build 33 MW of solar to power its municipal buildings.

Each region has a different way of doing things, whether it’s selecting sites, managing employees, or implementing manufacturing standards. Companies looking to expand into foreign markets need to be prepared to deal with these cultural differences, says Clean Energy Associates (CEA) Vice President Mark Hagedorn.

Basis Climate has closed its smallest IRA transferable tax credit deal to date, marking the end of an era dominated by million-dollar minimum tax credit transactions.

As part of our Intersolar 2024 interview series, pv magazine spoke with Yana Hryshko, head of Solar Supply Chain Research for Wood Mackenzie, about overcapacity, declining panel prices and expected PV demand for the next years. She revealed that Chinese module procurement schemes are currently seeing unprecedented, “ridiculously” low bids, but she also noted that the $0.08/W threshold may now be difficult to exceed. Hryshko also expects many manufacturers to backpedal on previously announced capacity expansion plans and renegotiate module supply contracts.

The relocation of the photovoltaic manufacturer’s core business from Germany to the USA is taking shape. Production of heterojunction solar modules is starting and financing for a new cell plant is progressing.