Maxwell Technology is planning to raise RMB2.3 billion (US$356 million) for a new HJT equipment production base in Suzhou City, Jiangsu province. Furthermore, Ginlong has reported its profits grew by more than 100% in the first half of the year.
The latest update to the Photovoltaics Report produced by research organization the Fraunhofer ISE has offered up the usual slew of interesting stats on the state of solar across the continent.
Potential price rises of 14% for the solar home systems that are driving access to electricity in the world’s under-served regions could signal further arrested progress towards the UN goal of universal access by 2030.
According to the China Nonferrous Metals Association, polysilicon prices declined by around 1.4% last week. In other news, Gaoce announced another 20 GW PV wafer factory and Hareon Solar filed for bankruptcy.
With this new factory, the annual production capacity of the Chinese PV inverter maker has reached 23 GW.
NREL researchers have developed interoperable SCADA protocols for PV inverters. Two new sets of codes were conceived to enable legacy inverters, which are inverters that are not capable of providing some or all of the grid support functions to participate in advanced distribution management.
SolarEdge’s new three-phase inverters are available in variants up to 120 kW, with integrated monitoring and a modular design.
Also, Wafer producer Zhonghuan Semiconductor has further reduced the prices of its products.
Sax Power has developed a new residential battery which it describes as a game-changer in the battery technology.
Preliminary results were published for Solargiga, Zhonghuan Semiconductor, GCL System Integration, JYT Corporation and Akcome Tech.