Inverters

Jinko Power has moved forward with plans to list shares on the Shanghai Stock Exchange, while Trina Solar said that the China Securities Regulatory Commission has approved its application for its own initial public offering. Polysilicon producer Daqo, meanwhile, reported solid first-quarter results, and the organizer of the SNEC solar show changed the exhibition’s dates and location once again.

Quarterly new additions were 15% lower than in the October-to-December window. The France Territoire Solaire thinktank said the lower volumes could be explained by the initial impact of the coronavirus crisis.

Researchers in Australia have conducted a ‘cradle to grave’ life cycle assessment (LCA) of the four most widely used PV technologies. The academics say that cadmium telluride solar modules have the lowest life cycle impact, followed by amorphous, multi and monocrystalline silicon products.

Datang Group has launched a bidding process to procure 5.5 GW of PV modules and inverters for its own solar projects. The SNEC trade show in Shanghai has set new official dates, after being postponed in early April due to the Covid-19 pandemic. And Topray Solar is seeking to raise funds for a 200 MW solar project in Guangdong province.

China’s cumulative installed PV capacity topped 208 GW at the end of March, thanks to 3.95 GW of new projects completed in the first quarter. JinkoSolar and Longi both joined the 500 W-plus module race, with their new panels offering 580 W and 530 W of output, respectively. Ginlong, meanwhile, has revealed plans to raise funds to increase its annual inverter production capacity to 20 GW, and Xi’An Solar has claimed a 23.2% efficiency rate for its N-type TOPCon modules in mass production.

The German manufacturer secured around 60% of the turnover expected this year in the first three months alone but still posted a net loss for a company relying on strong pre-Covid-19 activity in the U.S. and European markets.

Plus, Italian developers continue to dig deep for their health service, the pandemic piles on problems for a debt-saddled Chinese company and analysts consider whether there will be any money left for a green economic recovery after the dust settles.

U.S. residential solar installer Sunrun reported strong solar deployments and revenue to start 2020, even with orders decreasing by as much as 40% for periods in March. Micro-inverter manufacturer Enphase’s first-quarter revenues exceeded expectations as the company set an all-time gross margin record and announced plans for a new manufacturing location.

The Chinese conglomerate has revealed how it will further integrate artificial intelligence (AI) in its string devices this year. The approach includes the transformation of inverters into smart PV controllers, the development of AI inference modules and the creation of an AI training and inference platform. Machine learning will also be incorporated into operations and maintenance, grid management and PV plant design.

The Israeli inverter maker again posted a robust set of quarterly figures but is anticipating a dip in performance during the current three-month window as pandemic-driven lockdowns take effect in its markets.