Manufacturing

French startup Holosolis, founded by innovation group EIT InnoEnergy, has planned to build a 5GW solar module assembly plant in France.

Fraunhofer ISE has announced a new international test standard for PV inverters with integrated arc fault detection systems.

Fraunhofer ISE has opened a new outdoor solar technology test field in Germany, enabling a faster and more accurate evaluation of PV modules. 

Italian solar manufacturer FuturaSun has signed a strategic agreement with the government of the city of Huai’an in China to build a 10GW solar cell manufacturing plant.

Thin-film module manufacturer First Solar has acquired thin-film company Evolar to grow its PV capabilities.

Solar module supplier Maxeon has started evaluating the possibility of expanding its manufacturing capacity in the US with a cell and module assembly plant.

Solar tracker and software provider Nextracker more than doubled its adjusted EBITDA in the financial year (FY) ending March 2023 compared with the previous year, up to US$209 million from US$92 million.

Polysilicon prices dropped across the board as of 8 May, according to the latest report from metals market research company Shanghai Metals Market.

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).

PV module manufacturer Meyer Burger has signed a four-year agreement to supply modules to Ingka Investments, the investment arm of Ingka Group and the largest franchisee of IKEA.