Chinese PV Industry Brief: JA Solar expects $110 million net loss for H1
JA Solar says it has incurred a $110 million net loss for the first half of 2024, due to rising competition in the solar market, continual price declines, lower gross profit from core operations, and significant provisions for inventory depreciation.
Denmark approves certification scheme for PtX producers
The Danish Energy Agency says its new certification scheme is a “short-term transitional solution” to launch Power-to-X (PtX) projects this year. It will eventually be replaced with the European Commission’s certification system.
Candi Solar Secures $38 million to support clean energy in Africa, Asia
Philippe Flamand, the director and co-founder of Candi Solar, tells pv magazine about the company’s recent $38 million funding round and its plans to deploy renewables in emerging markets.
Global energy storage fleet to surpass 1 TW/3 TWh by 2033, WoodMac says
According to the latest forecast from Wood Mackenzie, the global energy storage market (excluding pumped hydro) is on track to reach 159 GW/358 GWh by the of 2024 and grow by more than 600% by 2033, with nearly 1 TW of new capacity expected to come online.
France identifies Carbon, Holosolis PV factories as ‘national interest’ projects
The French authorities have identified Carbon and Holosolis solar factories as “projects of national interest,” ensuring streamlined administrative proceedings for their approvals.
Aggreko Energy acquires C&I solar developer
Aggreko Energy has purchased commercial and industrial (C&I) solar developer Infiniti Energy.
WoodMac predicts 3.8 TW of new solar by 2033
Wood Mackenzie says that solar will account for 59% of new renewables between 2024 and 2033. China is expected to drive the growth, accounting for half of new solar deployment over the projected time period.
Alpiq sells rooftop PV portfolio in Switzerland
Lausanne-based energy group Alpiq is selling its seven rooftop solar assets in Switzerland to PS Panneaux Solaires SA. The units have a total installed capacity of 5.5 MW.
TrendForce says 210 mm module shipments surpassed 260 GW in Q1
Market intelligence platform TrendForce says 210 mm n-type technology is “set to spearhead a new industrial revolution.” It expects 210mm modules to account for 78.29% of the large-format module market this year, increasing to 82.51% by 2027.
German rooftop PV installer Enersol to cease operations in October
Enersol, the residential unit of German battery manufacturer Sonnen, says it will cease operations at the end of October due to unprofitability, despite strong growth over the last three years.
