The company, noting its substantial investment in U.S. research and development as well as tools, has further hinted that it may establish U.S. manufacturing for its P-Series modules.
GTM Research and SEIA’s final report on the U.S. solar market in 2017 shows both the struggle of the residential sector, as well as a larger than anticipated fall in utility-scale volumes, leading to a 30% contraction overall.
The developer has sold off three large, operational solar plants to the Korea Electric Power Corporation, as parent company Canadian Solar moves into O&M.
With another 734 MW of wind and 3 MW of hydro, the results of the latest New York State Energy Research and Development Authority (NYSERDA) solicitation has been described as the largest state-level award of clean energy to date.
U.S. President Trump has exempt Canada and Mexico from 25% import duties on steel and 10% duties on aluminum, and has further left the door open to exempting any nations with which the United States has a “security relationship”.
The Chinese PV giant is now planning to employ only a quarter of the number of workers previously planned in one PV module factory, which will be online by the end of next year.
The company deployed 85 MW of residential solar during Q4 2017, as the last of the big three residential solar installers sticking to the third-party solar model.
The innovative wafer maker will be building its first commercial-scale factory overseas.
Despite a lackluster Q4, GTM Research predicts that the U.S. energy storage market is going to boom in 2018, driven by both policy support and falling prices.
The U.S. President has announced a 25% tariff on imported steel and 10% on aluminum. While the details remain unclear, this will inevitably raise prices for solar PV installations.
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