Tag: solar cells

Photovoltaics Market Trends: Report

Photovoltaics is a fast-growing market: The Compound Annual Growth Rate (CAGR) of cumulative  PV installations was about 27% between the years 2014 and 2024.  Wafer size increased. Keeping the same number of cells, larger PV module sizes are realized, allowing a power  range of up to 750 W per module. In 2024, Europe’s contribution to the total cumulative PV installations amounted to 18%. In contrast, installations in China accounted for 48% (in 2023 43%) and in North America for 10% respectively.

Read More

Egypt inks agreement for $220 million solar manufacturing facility 

Egypt has signed a land usufruct agreement for the Atom Solar Egypt project in New Alamein City. The project is a partnership between Egyptian, Emirati, Bahraini, and Chinese entities to establish a fully integrated industrial complex across 200,000 square metres in the Sokhna Industrial Zone. It involves developing a 2 GW solar cell production facility, a 2 GW solar panel production facility, and a 1 GWh energy storage manufacturing unit.

Read More

Can China can replicate its success in solar with electrolyzers?

China’s manufacturing prowess and progress in lowering electrolyzer costs have raised hopes – and concerns – about its potential to lead electrolyzer manufacturing and exports globally, accelerating the clean energy transition worldwide. The dramatic cost reductions achieved in solar photovoltaics (PV) and China’s subsequent dominance of these supply chains are often cited as an example of how things might play out in the hydrogen space. This paper explores whether China can replicate its success in solar with electrolyzers, considering government support, learning rates of PV and electrolyzers, Chinese corporate strategies, and the external environment for exports.

Read More

China’s Domination Over Global Solar PV Supply Chain

China’s competitive edge in solar PV manufacturing over other countries comes from four key factors: economies of scale, supply chain vertical integration, technological innovation, and government support. In this list, economies of scale and supply chain vertical integration are the two most important factors. China managed better than any other country to reap these economies of scale. The recipe to maximize economies of scale is straightforward: the bigger, the better.

Read More

Steep tariff hikes in the US on Chinese solar cells and EV batteries

President Biden, on May 14, 2024, announced significant tariff hikes in tariffs of solar cells, lithium-ion EV batteries, EVs, critical minerals and some other products that originate in China. He has directed his Trade Representative to increase tariffs of certain products under Section 301 of the Trade Act of 1974, that amount to $18 billion of imports from China. This decision comes after a review conducted by the Trade Representative under section 301 of the Trade Act of 1974 on China’s practices related to technology transfer, intellectual property, and innovation (section 301 investigation).

Read More

Heliene to build solar cells and modules in the US

A Canada-based solar module producer, Heliene is planning to produce 1 GW of solar modules and 1.5 GW of solar cells at a new facility in Minnesota, the US. The new factory, which is anticipated to be in the Minneapolis – St. Paul region, is expected to start manufacturing modules in 2024 and cells in 2025. The company intends to invest around $145 million in the new facility.

Read More

India’s domestic solar manufacturing gets a big fillip

As India moves towards installing mo­re than 200 GW of new solar power ca­pacity by 2030, there is a collective aim to ensure that a large part of this is made from locally sourced components. This is a massive undertaking for the Indian solar industry, which depends significantly on imports of solar cells and modules from China and other countries. The launch of the attractive production-lin­ked incentive (PLI) scheme and two tra­nches of successful capacity and amo­unt allocations under this have brought domestic manufacturing to the fore, with developers too wanting a piece of the pie.

Read More

Solar Module Pricing To Ease With Rising Global Polysilicon Production Capacity

Strong solar module demand will continue to prop up component prices and place upward pressure on solar capital costs through the near term. Upstream polysilicon production will fail to meet strong demand over the near term, pushing up the price of modules and inflating solar CapEx over 2022. However, new production capacity additions across the solar module value chain will boost supply in the market, stabilising prices before returning CapEx to a downward trend in 2023.

Read More

Bright outlook for global solar – but regional challenges will affect the supply chain

The global solar industry continues to shine brightly. Global PV installations set records in 2021 and will continue to do so in 2022. And while supply chain challenges and elevated system pricing have created pressure for developers, manufacturing capacity expansion plans look set to provide some relief. However, the supply chain will have a close eye on evolving policy issues – such as the anti-circumvention investigation in the US and India’s expanded incentives for domestic manufacturing.

Read More

Photovoltaics Report by Fraunhofer

In 2020, Europe’s contribution to the total cumulative PV installations amounted to 22% (compared to 24% in 2019). In contrast, installations in China accounted for 33% (same value as the year before). Si-wafer based PV technology accounted for about 95% of the total production in 2020. The share of mono-crystalline technology is now about 84% (compared to 66% in 2019) of total c-Si production.

Read More

IEEFA Report: Photovoltaic Manufacturing Outlook in India

Dozens of companies are vying to make a mark in the Indian solar sector. In coming years, given the high growth potential of the domestic solar market and rising favourability of India as an alternative manufacturing hub (for geopolitical reasons), diverse stakeholders such as solar project developers, government-run organisations, PV ancillary players, etc will strive to build their stake in the solar manufacturing market.

Read More

JinkoSolar plans a 7 GW ingot and wafer facility in Vietnam

Jinko Solar Limited has decided to invest $500 million in Vietnam’s Qung Ninh Province to establish a monocrystalline ingot and wafer production facility. The project is expected to have a 7 GW annual capacity. This project obtained local government clearance in early 2021 and is scheduled to open in the first quarter of 2022.

Read More

Emerging waste streams: Opportunities and challenges of the clean energy transition from a circular economy perspective

This briefing by the European Environment Agency focuses on the waste aspect of three main renewable energy infrastructure types: solar PV cells for electricity production, wind turbines and batteries for energy storage. This briefing describes the nature and scale of the circular economy aspects, the opportunities and challenges that the deployment of these three technologies brings and how policy can help drive the changes to achieve the best environmental outcome.

Read More