Manufacturers in a range of sectors should consider fattening their inventories as quickly as possible to mitigate a prolonged disruption to global supply chains, according to a report.
PV Tech’s new series of insight-led webinars, PV Tech Insights, kicks off this week to discuss that very challenge, with S&P Global’s George Griffiths joining us to share his expert insight into shipping and logistical challenges facing the solar supply chain.
The foundation of a “transformed Maxeon Solar Technologies” is nearly in place, according to the company’s CEO, after it addressed its logistical failures, experienced strong demand for its products and landed a supply contract with US residential installer SunPower.
Canadian Solar said it expects margin pressure at its manufacturing division to ease throughout 2022, with demand returning in China from Q2 and pricing strategies used to offset soaring material and logistics costs.
Greece is on track to accelerate solar deployment in the coming years, with the sector boosted by rising demand for renewable offtake agreements from corporations and clean energy policies from the EU, according to the general manager of Greek industrial group Mytilineos’s renewables business.
JinkoSolar has slashed its shipments guidance for the year, reducing its top end guidance by more than 5GW as it blamed ongoing logistics issues and port blockages.
Canadian Solar has warned of solar cell overcapacity next year, slamming the breaks on its own cell manufacturing expansion plans while accelerating on its module assembly roadmap.