But new ventures into coal-fired steam and petrochemicals products helped state-owned China Shuifa Singyes towards a significantly healthier balance sheet in 2020.
Solar demand grew around 40%, year-on-year, during the first three months of 2021 and wafer producer Zhonghuan Semiconductor has raised its holding in Singaporean solar manufacturer Maxeon to become its second-largest shareholder after Total.
The UK-based flexible solar film developer is expanding into the Indian market with Thermax as its market development and manufacturing partner.
The polysilicon maker lurched from a $17m profit in 2019 to a $960 million loss last year, according to an unaudited extract from its overdue annual figures. Publication is being held up by an auditor enquiry relating to a $71m abandoned-production-project pre-payment which appears to be either owed by, or to, a GCL subsidiary.
EnerVenue signed its first major distribution agreement with Hong Kong’s Towngas. The deal will pilot the company’s nickel-hydrogen battery technology and serve as an audition for future deals to come.
The PV plant—to be set up in the state of Gujarat for a private utility—will supply power for INR2.22/kWh for 25 years.
Researchers in Bangladesh have simulated a solar cell based on a copper bismuth oxide material, used as an absorber, with n-type cadmium sulfide (CdS) utilized as a buffer layer. In the experiment, the device achieved an efficiency of 26.0%, an open-circuit voltage of 0.97 V, a short-circuit current density of 31.61 milliampere per square centimeter, and a fill factor of 84.58%.
New research from Singapore has found that gas pipelines for the onshore transport of green hydrogen and the cables for the transport of electricity to produce it at a distant location have similar costs at a 4000 km transmission distance. For longer distances, gas pipelines were found to be cheaper than cables, although the electric lines are said to benefit from scaling up and higher utilization. For both options, however, a currently too high hydrogen LCOE remains the biggest barrier to overcome.
Xinte unveiled a $197 million plan to raise its polysilicon production capacity to 100,000 metric tons per year in Xinjiang. Longi signed a strategic cooperation agreement with oil and gas giant Sinopec to jointly develop hydrogen and renewable energies.
Projects selected in the procurement exercise will sell power to the Solar Energy Corporation of India (SECI) under a 25-year PPA.
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