Chinese PV Industry Brief: TCL Zhonghuan, Longi lower wafer prices
This week, Longi and TCL Zhonghuan reduced slightly the prices of their wafer products. Meanwhile, the China Photovoltaic Industry Association reports strong ouput growth for the solar industry.
LG Energy Solution to offer lithium iron phosphate batteries in Europe
LG Energy Solution will soon release its lithium iron phosphate batteries in the European market, featuring compatibility with single-phase and three-phase inverters. The South Korean manufacturer will offer two configurations, with capacities of 12.4 kWh and 15.5 kWh.
Australia’s rooftop PV installations hit 1.4 GW in H1
New statistics from Australia’s Clean Energy Regulator show that 2023 could be another record year for distributed solar.
NHOA Energy starts 107 MWh solar-storage project in China
Italy’s NHOA Energy says it has commissioned a 107 MWh energy storage project for a Taiwan Cement Corp. cement plant in Guangdong province, China.
Germany’s new solar installations hit 1.05 GW in August
Germany’s new solar installations surged to 1.05 GW in August, contributing to 8.99 GW of newly installed PV capacity for the first eight months of this year. This marks significant growth from the 4.8 GW installed during the same period in 2022.
Sunmaxx builds 50 MW PV-thermal solar module factory in Germany
Sunmaxx PVT, a photovoltaic-thermal solar module specialist, has started building an automated 50 MW module factory near Dresden, Germany.
Luxra, Rayzon Solar set up PV module production venture in India
Swiss-German company Luxra Group and India’s Rayzon Solar have agreed to set up a joint venture for PV module production in India. The partnership will combine Luxra’s technology and Rayzon’s operational expertise in PV panel manufacturing.
GoodWe finalizes 10.9 MW solar plant in Malaysia
Chinese solar inverter and battery producer GoodWe has completed the construction of the 10.95 MW Solar Citra Project in Malaysia, with Apricum senior advisor Moritz Sticher telling pv magazine that although the scale of the plant is ‘small’ every project in the Southeast Asian country counts.
Solar module price falling, with no end in sight
Solar module prices have never fallen so sharply in such a short period of time. One reason for this is the “PV module glut” in warehouses in Europe, according to pvXchange’s Martin Schachinger.
Pexapark records slight increase in European PPA prices for August
Power purchase agreement (PPA) prices increased by 1.4% on average in Europe in August, according to Pexapark. It says that only nine deals with a combined capacity of 193 MW were closed.
