The price of shipping containers from Asia to Europe and North America remains high but should start to come down in the new year, although the main price drops won’t occur in earnest until 2023 when new capacity is brought online. That additional capacity, however, may be offset by new International Maritime Organisation (IMO) rules to address the industry’s emissions
Trina Solar has revealed a new freight packing solution for its larger modules that it said will reduce the costs associated with shipping that have soared since the start of the pandemic
US-based solar tracker manufacturer FTC Solar has again downgraded financial forecasts, reducing its Q4 revenue expectations amidst PV project pushbacks in the US.
The Indian government is reportedly either considering a delay to its customs duty on imported solar products or allowing domestic projects to push back deadlines in light of uncertainty from Chinese suppliers, the country’s renewable energy minister, RK Singh, told the Economic Times.
Polysilicon prices have risen by 8.6% to RMB230/kg (US$35.3/kg) this week following a power crisis in China that has seen the government order silicon metal producers to curb their operations.
As much as 191GW of new solar PV is expected to be installed this year – up by a third on last year’s deployment figure – despite polysilicon and module prices remaining high into 2022, BloombergNEF has said.
The cost of building and operating new utility-scale PV is now cheaper than running existing coal plants in China, India and across much of Europe. However, rising commodity prices could see PV projects become temporarily more expensive in the second half of 2021, according to BloombergNEF analysis.
More than 180GW of solar will be deployed globally this year as the sector defies headwinds including higher module prices and supply chain constraints, IHS Markit has said.
As China enters its usually frantic solar build-out season, a shadow is being cast by module price hikes and supply bottlenecks. PV Tech’s Carrie Xiao gets the inside scoop on how solar deployment in China risks being pushed into next year.
