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Top participants operating in the solar PV market are
Strategic partnerships, collaborations, and mergers by major players along with the development of several large-scale projects in emerging nations will enhance the industry scenario.
For example, in August 2022, CSI Solar, a subsidiary of Canadian Solar, signed an investment agreement with the municipal government of Qinghai province in China. Under the agreement, the firm plans to construct a production facility of approximately 50,000-ton capacity of high-purity polysilicon and aims to set up an industrial-scale solar manufacturing park in Haidong. The deal improved CSI Solar’s presence at the global level and helped the firm establish a strong position across the industry.