Recent volatility in PV module pricing has prompted Platts, part of global market data and benchmarking provider S&P Global Commodities, to launch a new daily spot market price assessment for modules in the US, Asia and Europe.
Liquidity is rising at a surprising pace in the US tax credit transferability market for clean energy, which is helping lenders to become increasingly comfortable with this novel marketplace, according to members of the legal and financial industries.
Saudi Arabia’s Public Investment Fund (PIF) has signed two solar PV manufacturing agreements with Chinese manufacturers JinkoSolar and TCL Zhonghuan Renewable Energy.
North America is expected to be the major global market for solar trackers in the upcoming years, while over 750GW of trackers will be installed globally between 2024 and 2030, according to a recent report published by S&P Global.
The US Solar Energy Manufacturers for America (SEMA) coalition has reiterated its calls for an update to the Domestic Content tax credit for solar products.
US solar racking producer Unirac has said that its mounting and racking systems can help solar developers qualify for Domestic Content tax credits.
The French government has awarded 179MW of solar PV in its most recent rooftop solar PV tender, half the amount of the previous auction.
Leading Chinese module manufacturer Trina Solar has enjoyed a productive few months, with the company’s module shipments exceeding 65GW in 2023. However, with the global solar industry facing a downturn, and many manufacturers facing questions about the financial viability of their operations, the future of the industry as a whole is challenging.
The Pomerantz Law Firm has brought a class action lawsuit against Singapore-headquartered solar manufacturer Maxeon Solar Technologies concerning whether “Maxeon and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.”
Europe imported around 33GW of solar PV modules from China in the first four months of 2024, representing 43% of total Chinese module exports, according to US energy analyst Clean Energy Associates (CEA).
Three Chinese solar manufacturers – LONGi, Tongwei, and Aiko Solar – have reported losses in the first half of the year due to increased competition.
According to the latest data from the Silicon Industry Branch of the China Nonferrous Metals Industry Association, the lowest transaction price for mono dense material has dropped to RMB33,000/ton (US$4,535), a 43% decrease from the price at the beginning of 2024, setting a new low for the year.
