Delays in the shipping industry have likely peaked already, with the turnaround time for containers likely to fall month after month moving further into 2022. While the price of moving containers from China to Europe and the US remains very high, they have come down slightly since last year.
Inverter manufacturer SolarEdge is increasing shipments to the US from a new production plant in Mexico as it looks to save on freight costs and reduce the impact of tariffs on imports.
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
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.
Maxeon Solar Technologies is revamping its logistics strategy after a shipping “logjam” attributed to the module maker missing its Q3 shipments guidance.
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.
In this exclusive video from PV Tech publisher Solar Media’s Solar & Storage Finance USA event last month, a panel of supply chain experts discuss immediate challenges and potential remedies to the situation.
