GCL has no record of performing due diligence on lender which walked away with $120m of its stock
An investigation into internal controls at the polysilicon maker found the company permitted deals to be signed off solely on paper in certain circumstances and also unearthed no evidence anyone had done their homework before handing over 865 million shares to secure a loan which, GCL says, never materialized in full.
Chinese PV Industry Brief: Government confirms plan to install 1.2 TW of renewables by 2030
Elsewhere, cell maker Aikosolar has announced two major wafer purchase agreements with manufacturers Shuangliang and Shangji, and Zhonghuan Semiconductor has reported solid financials for the third quarter.
Retractable PV awning for recreational vehicles
The 1.2 kW solar awning can be retracted automatically in the event of adverse weather conditions. The patented technology, developed by Xponent Power, may enable a wide range of additional applications such as for use by the military, for emergency relief, and residential power.
Four winning bidders in India’s gigawatt-scale solar manufacturing tender
Jindal India Solar Energy, Shirdi Sai Electricals, Reliance New Energy Solar, and Adani Infrastructure will each have half of their planned 4 GW annual production of polysilicon-to-module output subsidized by public funds.
What’s next for polysilicon?
The past 12 months have proved profitable for polysilicon manufacturers, as selling prices have soared to levels not seen since 2011. However, with major new capacity expansions on the horizon from most of the leading manufacturers, and new players planning to enter the scene, the market balance looks set to shift. Exawatt’s Alex Barrows rounds up where the industry stands and what might happen next.
Longi achieves 25.82% efficiency for heterojunction solar cell
The result, confirmed by Germany’s Institute for Solar Energy Research Hamelin (ISFH), was achieved on a heterojunction solar cell based on an M6 wafer.
Solar panels blasted with sound to better understand microcracking
Researchers at NREL and EPRI focused heavy bass sounds on solar panels to simulate the effects of wind-caused deflection.
Plastic for solar panels?
Three companies are swapping out aluminum and glass in favor of plastic to save weight and add flexibility. We look at the pros and cons.
Solar tile with 19.22% efficiency from Canada
The solar tile has a power output of 15 W and is recommended for flat concrete roof tiles. It can operate with a maximum system voltage of 600 V.
Vehicle-integrated PV for heavy-duty trucks
A German consortium is testing an 18-ton electric truck covered with a 3.5 kW PV system. The solar modules were designed by scientists at the Fraunhofer ISE and produced by German manufacturer Sunset Energietechnik GmbH. The panels are equipped with a special separation device that is able to disconnect the panels in case of an accident.
