Solar inverter producer SolarEdge's revenue in the third quarter of 2023 is expected to be about 20% lower than consensus due to cancellations and pushouts of existing backlog from European distributors.
The US Department of Commerce (DOC) has delayed its preliminary decision into its investigation into alleged circumvention of antidumping and countervailing duties (AD/CVD) by solar manufacturers in Southeast Asia following a request by Auxin Solar, the company that launched the initial petition.
US authorities’ move to require documentation showing the source of quartzite in solar module imports should come as no surprise, experts have said, amid suggestions most companies will be able to overcome the latest hurdle that threatens to delay shipments.
Ahead of a special webinar held next month, Finlay Colville, head of market research at PV Tech, discusses the key trends affecting the PV industry today, from technology leadership, value chain scale and overall financial health of today’s manufacturers.
Leading US solar installer Sunrun installed 792MW of solar capacity in 2021, a 31% growth on 2020, exceeding guidance, reflecting the highest growth rate in five years and bringing its total networked capacity to 4.7GW, according to its Q4 and full year 2021 financial results.
The US Senate has unanimously passed the bipartisan Uyghur Forced Labour Prevention Act (UFLPA) that will ban the import of products from China’s Xinjiang region into the US unless importers can provide "clear and convincing evidence" they were not made with forced labour