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Southeast Asian markets ready themselves for fed rate decrease

On September 18, the U.S. Federal Reserve announced a 50-basis-point cut to the federal funds rate, signaling a shift from a tightening to a...

Supply-demand imbalance keeps glass market bearish

As spot and futures prices continue to decline, the glass industry faces widespread losses. However, capacity reduction remains slow, with daily melting rates still...

India to add 2GW solar cell factory

Recently, Indian solar PV module manufacturer Gautam Solar announced an investment of 10 billion INR ($119 million) to establish a solar cell manufacturing plant...

Meyer Burger to cut 20% of workforce

On September 18, Swiss solar panel manufacturer Meyer Burger officially announced a restructuring plan aimed at optimizing its operational structure and enhancing competitiveness. The...

Polysilicon prices surge, wafer and cell markets in fierce standoff

This week, the polysilicon market entered a new order cycle, with some major orders successfully finalized. Due to leading companies’ strong price support, newly...

India saw great surge in solar installation in H1 2024

In the first half of 2024, India added 14.9 GW of new solar installations, a 282% year-on-year increase, surpassing previous records. The first quarter...

Solar M&A: fraught with difficulties

Recently, mergers and acquisitions (M&A) in the solar industry have drawn significant attention. Rumors of CATL negotiating the acquisition of Daqo New Energy have...

China condemns US tariff hike on Chinese imports

China's Ministry of Commerce expresses strong dissatisfaction and firm opposition to the U.S. Trade Representative's final decision on Section 301 tariffs, which the country...

DYCM Power to set up 6GW solar cell module factory

U.S. company DYCM Power has officially announced plans to build a 6 GW solar cell and module manufacturing plant in the United States, with...

REPT BATTERO WENDING 564Ah Energy Storage Cell and Powtrix energy storage system officially launched at RE+2024

In an eventful week, REPT BATTERO officially opened its first North American subsidiary office on September 9 in Irvine, CA before showcasing new products and...
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