Renewable manufacturing costs up to 200% lower in China, says WoodMac
Wood Mackenzie says in its latest report that low prices and integrated supply chains allow Chinese manufacturers to supply more than 65% of total global demand for renewables equipment, with its exports growing by 35% between 2019 and 2023.
Weekend read: Déjà vu on the polysilicon market
Haven’t we been here before? The polysilicon industry is shifting from shortage to oversupply but a few things are different from market cycles of the past, as Bernreuter Research founder Johannes Bernreuter explains.
Renewable energy projects predicted to drive $20 billion construction boom
Spending on building renewable energy infrastructure is forecast to peak at $20 billion in 2026, stimulated by the Australian government’s target of 82% electricity from renewables by 2030, but caution remains over workforce capability.
Bowen targets 20% market share with Solar Sunshot
Australian Energy Minister Chris Bowen believes the federal government’s $1 billion Solar Sunshot initiative could result in domestic manufacturing providing 20% of the nation’s PV panel needs by the end of the decade.
New dates, rules for 2025 Bridgestone World Solar Challenge
The organisers of the Bridgestone World Solar Challenge have announced a new set of dates for the 2025 edition of their unique 3,000-kilometre solar car race across the Australian continent, along with some regulation changes.
Rooftop PV market faces profit squeeze as sales slow
Rooftop PV is the fourth largest source of electricity generation in Australia, providing about 11% of the country’s power supply, but solar industry analyst SunWiz has cautioned the market to brace for a challenging period.
Weekend read: Perovskites move into production
Perovskites remain a great hope for the future of the solar industry, once the possibilities of tunnel oxide passivated contact (TOPCon) and heterojunction PV have been exhausted. A look at the latest perovskite research shows that industry optimism is built on a strong foundation.
China’s solar dominance set to continue amid price slide
With solar module oversupply triggering a price freefall in 2023 and no recovery in sight, market consolidation, inventory pile-up, technology shifts, and challenges to reshoring PV manufacturing are set to affect all levels of the solar supply chain.
DAH Solar launches 380 W BIPV module
The Chinese manufacturer said the new product has an efficiency of up to 19.46% and a temperature coefficient of -0.30% per C. It is available in bright red, light gray, brown, green, blue-green, orange, and ocean blue.
US module maker signs deal to build mega factory in Indonesia
United States-headquartered module maker SEG Solar has struck a deal for the development and operation of a PV manufacturing facility on the Indonesian island of Java with a production capacity of 5 GW of silicon wafers, 5 GW of solar cells, and 5 GW of PV modules.
