Supply Chain Issues & Tariff Threats Create Challenges for Solar Developers

Solar industry faces supply chain issues and price hikes, but possible tariff action averted for now; wind developer Ørsted hints at 27 MW turbines; Arevon commits to 2 GW Tesla battery purchase, Fluence to IPO, and SB Energy to buy 2 GWh of iron flow batteries; China's NIO hits 4 millionth battery swap while Geely jumps further into swap game - switching batteries in under one minute; Ford commits add'l billions to battery plants and a major campus - Blue Oval City

1) The solar industry is hampered by supply chain, trade, and shipping issues, slowing projects and putting others at risk. Largest Chinese producers warn more challenges to come.

2) Denmark's Ørsted suggests new turbines for 1.5 GW Southern Sweden wind farm could employ turbines as large as 27 MW.

3) Storage developer Arevon will buy 2 GW of Tesla batteries; Fluence will IPO; and SB Energy commits to 2GWh of iron flow batteries from ESS to be used for solar projects in CA & TX.

4) Chinese electric vehicle company NIO announces 4 millionth battery swap. Meanwhile, Geely plans on 5,000 swapping stations of its own in China by 2025, w/stations switching battery in 59 seconds.

5) Ford and Korean battery partner, SK Innovation to invest $11.4 bn in electric F-150 assembly plant and 3 U.S. battery plants. Signature investment will be $5.6 billion "Blue Oval City" campus in Tennessee.