supply chain disruption

A combination of supply chain disruptions and extreme weather events that damage operational assets can lead to extended solar project downtimes. Rosa van Reyk, a senior underwriter at GCube Insurance, explores how the industry can ease supply chain pressure by rethinking cost efficiency and increased collaboration between developers and insurers.

2GW worth of solar PV modules were detained at the US border throughout 2022 as a result of the Uyghur Forced Labor Prevention Act (UFLPA), representing 1,423 individual shipments.

Inverter supplier SMA Solar Technology has published provisional financial results for 2022 which show significant improvements in EBITDA and net income compared with 2021.

The combined effects of the ongoing anti-dumping and countervailing duty (AD/CVD) tariff investigation and the Uyghur Forced Labor Prevention Act (UFLPA) curbed US solar deployments in 2022, according to a joint report from the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

US solar power purchase agreement (PPA) prices continued to climb in Q4 2022, as supply chain blockages and uncertain legislation increase costs for developers, according to renewables transaction infrastructure provider LevelTen Energy.

Solar PV and solar-wind hybrid project bids in various Indian government schemes which were finalised by before 9 March 2021 but not yet complete have had their deadlines extended to March 2024.

As 2022 comes to an end, PV Tech is looking back on the year in solar, reflecting on some of the biggest stories and trends of the last 12 months. Following Q1, Q2 and Q3, today’s review details domestic manufacturing plans and supply chain turbulence.

The US installed 4.6GW of solar capacity during Q3 2022, a 17% decrease from the same period last year, as trade barriers continue to hamper deployment, according to research from the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

US solar tracker supplier Array Technologies has bounced back from a difficult 2021 by posting strong Q2 2022 financial results mainly due to its acquisition of STI Norland, while upcoming tailwinds could buoy its performance further still moving through the year.

Swiss PV module manufacturer Meyer Burger has slashed its production plans for 2022 and 2023, citing a “challenging supply chain environment” which has caused delays to its planned production capacity build out.