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.
With a growing wait-and-see sentiment emerging in the market, the prices of silicon wafers and silicon material at the upstream end have started showing signs of falling.
The solar PV industry is forecast to produce 310GW of modules in 2022, representing an incredible 45% year-on-year increase compared to 2021, according to the latest research undertaken by the PV Tech market research team and outlined in the new PV Manufacturing & Technology Quarterly report.
Major polysilicon producer Daqo Clean Energy has reported strong financial results for Q3 2022 as the demand for its solar grade polysilicon remains strong and it continues to land large supply contracts.
Leading polysilicon manufacturer Tongwei Solar is expecting its revenue for the first nine months of 2022 to soar as a result of strong demand for silicon products and its expanded production capacity.
An earthquake in the Southwestern Chinese province of Sichuan has not led to any material decline in production of solar products despite the province being home to several crucial industrial clusters
