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Markets & Policy

Policy

Biden to pour $56 million into domestic manufacturing of thin film solar products

Vera Wang -
On Thursday, the Biden administration, through the U.S. Department of Energy (DOE) said it would spend $56 million to boost domestic manufacturing of solar...
Market Dynamics

Will silicon hoarding make enterprise a king in solar market?

Sebrina Fichtner -
In 2022, the price of silicon material did not gradually decline as expected, but hit a new high. In this special period, silicon material...
Market Dynamics

Top 10 solar inverter makers account for 82% global market share, Huawei and Sungrow taking the lead

Vera Wang -
Global top 10 solar photovoltaic (PV) inverter vendors shored up 82% of market share in 2021, increasing by 2 percentage points compared to 2020,...
Price Updates

Record high polysilicon prices cast shadow over solar deployment

Vera Wang -
The price hike of polysilicon has continued this week with the highest transaction price hitting RMB 300,000/MT (~USD 44,700/MT), the highest since 2011, according...
Market Dynamics

Uzbekistan released 8 prequalified bidders for 300 MW solar PV project

Vera Wang -
Uzbekistan’s Ministry of Energy has determined eight prequalified bidders for a 300 MW solar power plant to be built in the Guzar district of...
Policy

China to offer over 2.7 billion subsidies for wind, solar power

Vera Wang -
On Monday, China’s Ministry of Finance has issued new subsidies worth 2.75 billion yuan (USD 410 million) for electricity generated from renewable energies.Workers inspect...
Market Dynamics

Demand is there, but limited effort can be done to achieve REPowerEU goal

Sebrina Fichtner -
Though there is already strong support for increasing the renewables target to 45% by 2030 within the European Parliament and various strong policies issued...
Market Dynamics

Public utility in Michigan to shut all coal plants and add 8 GW solar by 2040

Vera Wang -
Michigan’s largest electric and natural gas utility Consumers Energy is going to close down all of its coal plants by 2025 after the approval...
Manufacturing

US consortium to buy 6-7 GW modules per year to boost domestic solar manufacturing

Vera Wang -
Four leading independent power producers in the United States have formed a new consortium to purchase 6 to 7 GW of crystalline silicon solar...
Manufacturing

Global crystalline silicon solar cells capacity reaches 423.5GW: CPIA

Sebrina Fichtner -
The current global total capacity of crystalline silicon solar cells has reached 423.5 GW, up 69.8% YoY, with total output of 223.9 GW, up...
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