Sunrise brief: Congress urges Border Patrol action on forced labor allegations
Also on the rise: AES floats a utility-scale solar project in New York, Greenbacker adds to its solar portfolio, Sunnova prices its latest securitization, and China will end its solar subsidies.
Polysilicon and wafer price pressures make their way to markets
Solar module producer Longi announced its second price increase in less than a month, and industry sources expect wafer prices to continue rising in June.
Canadian Solar sees ‘exponential’ growth in energy storage, warns of possible project delays as prices spike
In reporting first quarter results, the company said it would use some of its $1.5 billion in cash to stockpile materials as a hedge against rapid price rises.
Making ultra low-carbon solar the global standard to decarbonize the PV industry’s supply chain
We need to transform the end-to-end global supply chain for solar to be a truly clean energy source, writes Michael Parr. He says this will take a strong signal from corporate buyers and policy makers.
Sunrise brief: 6 GW a year of new carbon-free resources? California faces a massive build-out
Also in the rise: Partners will test a large-scale vehicle-to-grid charging system, Canadian Solar funds a startup whose focus is on the rest of the world, Griddy files for Chapter 11 after ERCOT mess, and Daqo signs a supply agreement with a new wafer manufacturer.
Sunrise brief: A Texas-sized ‘oops’ for grid operator ERCOT
Also on the rise: Researchers use AI to model how grid failures cascade in a disaster, VEIR raises capital for its novel transmission line technology, NV Energy issues a community solar RFP, Freedom Solar gains two new partners, and Daqo New Energy signs a polysilicon supply deal.
Solar module prices rose by up to 15% in China, Jinko’s vice president says
JinkoSolar VP Dany Qian said that high demand cannot stop prices from rising for at least the next six months or longer, until sufficient capacity ramps up.
Creating an alternative PV supply chain is no cakewalk
The SEIA in late 2020 launched a campaign against forced labor and said it was “strongly encouraging” member companies to adjust their supply chains by June. Here is what will likely happen.
BloombergNEF expects up to 209 GW of new solar for this year
A new report from the U.S.-based analyst predicts that new PV additions for 2021 may range from 163 to 221 GW next year and from 179 to 240 GW in 2023. According to BloombergNEF, the current supply bottlenecks for glass and polysilicon will unlikely halt the global PV market.
China’s cheap electricity crowds out foreign polysilicon
Imports from South Korea and the U.S. dwindled, year-on-year, ensuring Germany’s Wacker and the Malysian unit of Korean company OCI will supply the bulk of the world’s non-Chinese solar polysilicon this year.
