Clean Energy Associates projects that major Chinese manufacturers will achieve a global solar module manufacturing capacity of 1 terawatt by the end of 2024. Furthermore, this capacity is projected to hit that same mark within China’s borders by 2025.
A third-party examination revealed that employees employed by four subcontractors at manufacturing sites in Malaysia were subject to unethical labor practices.
The U.S. has begun to reshore its energy supply chain one year after the passage of the Inflation Reduction Act.
Rystad Energy says that about $7.8 billion of solar panels are now being stored in Europe, but European developers continued to buy solar modules from China throughout the first half of this year.
We need a domestic content standard that would draw distinctions between panels made entirely here and those with imported components.
Developments in the U.S. solar marketplace are leaving many wondering if manufacturing will ramp up fast enough to meet demand. Anne Fischer considers potential supply chain gaps that could leave the country dependent on imports.
Longi Solar is combining forces with solar developer Invenergy to build a 5 GW/year solar module manufacturing facility in Pataskala, Ohio.
U.S. solar was disrupted in 2022, with module seizures delaying projects due to strict laws designed to stamp out alleged forced labor practices in sections of the Chinese PV industry. However, it remains to be seen whether seizures affected such alleged practices.
As many as 22 million solar panels will be sold by the U.S. manufacturer as a result of the deals. The company generated $1 billion in revenue in Q4 2022.
Component cost declines, local manufacturing and distributed energy are trending in the renewable energy sector this year.
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