China

Large-scale solar projects in India are facing delays of at least two-three months. The primary reason is Indian companies’ dependency on Chinese products and equipment, which may result in shipping delays and cost fluctuations. But, many companies in India have their solar module stocks already ready and can provide their products at the same price as Chinese brands, Tanmoy Duari, CEO, AXITEC Energy India, tells pv magazine.

India’s solar panel imports in the April-Sept. period of FY 2024 surpassed the value of panels imported in the twelve months of FY 2023. Cell imports have also increased considerably year-on-year, with H1 FY 2024 value touching $1,005.07 million.  

Polysilicon prices fell by as much as 0.63% in China this week, according to the China Nonferrous Metals Industry Association (CNMIA).

Sunpure will supply Larsen & Toubro with over 1,500 water-free cleaning robots for an 805 MWp solar project in Saudi Arabia.

Antaisolar announced it would supply 35.757 MWp solar tracking systems to Indian multinational EPC major Larsen & Toubro.

Sungrow, a Chinese PV inverter and energy storage system supplier, announced this week it has shipped 20 GW of photovoltaic inverters in India since entering this region in 2014.

A Wood Mackenzie report forecasts China will dominate solar manufacturing through 2026, holding more than 80% of poly, wafer, cell and module manufacturing capacity for the next three years.

Guosheng says it will invest CNY 5.2 billion ($722 million) in a new 10 GW heterojunction (HJT) solar cell production facility.

China and the USA have been consistently attracting the most annual solar investments. Together, these have received about 50% of all solar investments since 2015, according to a new report released by the International Solar Alliance at its sixth assembly in New Delhi.

Sunrev says it plans to build a vertically integrated cell and module facility in Xining, in China’s Qinghai province.