According to the company’s financial results for last year, 2022 was the first time that LONGi’s yearly revenue surpassed RMB100 billion (US$14.4 billion).
Clean energy trade bodies ACP, ACORE and SEIA have denounced an attempt by Republicans to roll back the Act, which has spurred unprecedented investment in the US market.
Indian solar manufacturer Rayzon Solar has announced plans to set up a 500MW solar module factory in the US and expand its existing Indian production capacity by a further 1GW.
Module manufacturer Meyer Burger has introduced a new product platform for its solar modules, enabling the scalability of new manufacturing capacities and accelerating mass production.
During 2022, capex for solar PV manufacturing fabs reached a record high - at more than US$27 billion - with spending dominated by Chinese companies building out new fabs in China and across Southeast Asia.
China’s PV industry's production value last year reached RMB1.4 trillion (US$203.5 billion), according to a report published by China’s ministry of industry and information technology.
Solar manufacturer Trina Solar and Qcells parent Hanwha Solutions have reached a patent licensing and transfer agreement with each other over their respective intellectual property and settled their patent dispute, they said in a joint statement.
