Net revenues for the quarter (for both CSI Solar and Recurrent Energy, the manufacturing and project development businesses) were US$1.6 billion, a 23% increase from US$1.3 billion in Q1.
New antidumping and countervailing duty (AD/CVD) tariffs in the US could result in increased solar cell and module costs “to a level that significantly restricts solar supply and installations in the US”, according to new analysis from Clean Energy Associates (CEA).
660GW of solar PV capacity will be deployed in 2024 as market demand responds to sustained low module prices, according to polysilicon market researcher Bernreuter Research.