The 2 GWh battery energy storage system (BESS) features 122 prefabricated storage units, designed and supplied by China’s BYD.
Longi has issued a profit warning for 2024, forecasting a net loss of up to $1.11 billion – a sharp decline from last year’s profit of $1.42 billion.
China is building its first gigawatt-scale residential virtual power plant (VPP) in Jiangsu province. The project will connect millions of high-power household appliances to a cloud-based energy pool to improve grid stability and boost renewable energy use.
China’s REPT Battero has revealed plans to build a lithium-ion battery plant in Indonesia, targeting 8 GWh of annual production capacity in the first phase.
Three Gorges Group has opened bidding for 2.5 GW of 580 Wp and above n-type tunnel oxide passivated contact (TOPCon) solar modules. The 29 participating companies submitted bids averaging CNY 0.7012 ($0.096)/W, with the procurement framework running through mid-2025.
Aiko Solar has started production at its Jinan factory, its third facility for n-type all-back-contact solar modules. The plant is designed for 30 GW of solar cell and panel capacity, with the first 10 GW phase set to reach full output by late 2025.
The plant features 12 reversible pump-turbine units, each with a capacity of 300 MW, including two variable-speed units, bringing the total installed capacity to 3.6 GW.
China Huadian Corp. has launched an 18 GW inverter procurement tender seeking string inverters 300 kW and above, with 1,500 V DC input voltage and 10% overload capacity. Bidding starts on Feb. 6, 2025.
Chinese module maker GCL SI has expanded into back contact (BC) solar cell production with its first 660 W BC module, featuring tunnel oxide passivated contact (TOPCon) technology.
Trina Solar has set a world record for solar module efficiency at 25.44%, verified independently by the CalLab at Fraunhofer ISE.
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