In addition, JA Solar was able to ship 10 GW of modules in the first six months of the year and raise RMB5 billion for new production capacity.
GokinSolar has commissioned the first 15 GW unit of its 50 GW PV wafer manufacturing facility in Zhuhai City, Guangdong Province and Golden Solar New Energy Technology last week announced commercial production plans for the flexible, lightweight, cast-mono, heterojuntion (HJT) solar modules. Meanwhile, Longi has raised the prices of its wafers.
Furthermore, Zhonghuan Semiconductor’s parent company has reported strong results for its PV business and solar developer Shunfeng has halted trading in its shares.
The switch from fossil fuels and nuclear will bring a jobs dividend thanks to the greater labor-intensity of renewables plants, according to a paper published by Finland’s LUT. However, the jobs dividend is unlikely to be evenly spread around the world, with Europe set to be a big winner.
In the first half of the year, the German PV inverter maker recorded high demand for its inverters and storage solutions from the residential solar segment. The effects of the corona pandemic, however, have had an impact on the commercial segment and, although a recovery in demand is expected in the second half of the year, SMA said it is currently dealing with delivery issues.
Xinte’s parent company – TBEA – has agreed to buy new shares issued by the company for RMB2.3 billion and these funds will be used to implement its 100,000 MT expansion plan. Furthermore, EVA solar film manufacturer Bbetter Century and 8 GW factory in the Shaanxi Province.
The AEMO is looking to fast-track the deployment of advanced inverter capabilities to support Australia’s “once-in-a-lifetime transition” to a power system featuring reduced synchronous generation, such as coal-fired generation.
The blueplanet NX1 M2 series of inverters have an output between 3 and 5 kVa and an efficiency of 97.5%, and are designed for residential rooftop PV systems.
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.
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