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Asia

China Huaneng secures $2.1 billion equity boost for renewables expansion  

China Huaneng Group has obtained CNY 15 billion ($2.1 billion) in equity financing for its renewable energy subsidiary, Huaneng Renewables, from five major state-owned entities. The deal, the largest renewable equity financing transaction of 2024, will reduce financial pressures for Huaneng Renewables and support its wind and solar projects.

Scientist develops machine-learning method to identify faulty solar panels

A scientist in Sweden has developed a new hybrid local features-based method using thermographs to identify faulty solar panels.

Inverted perovskite solar cell based on self-assembled monolayer achieves 23.31% efficiency

A research team in China improved the efficiency and stability of an inverted perovskite cell using a co-assembled approach to incorporate self-assembled monolayers at the hole transport layer.

Qcells hits 28.6% efficiency with scalable perovskite-silicon solar cell

South Korea-based solar module manufacturer Qcells has set a new efficiency world record for a commercially scalable perovskite-silicon tandem solar cell, produced at its pilot line in Germany.

Trina Solar hits new 27.08% record for HJT solar cell

Trina Solar has achieved a world-record 27.08% efficiency rating for a new n-type fully passivated heterojunction (HJT) solar cell. The Institute for Solar Energy Research in Hamelin (ISFH) has verified the result.

Indian solar cells costs more than Chinese imports, says CRISIL

India’s domestically manufactured solar cells cost 1.5 to two times more than Chinese imports, even after customs duties, says CRISIL Market Intelligence and Analytics. These higher prices could raise solar project capital costs by up to INR 10 million ($117,580)/MW and increase tariffs.

Bangladesh seeks consultants for solar feasibility study

The Bangladesh Public Procurement Authority is searching for consultants to complete a feasibility study for the construction of a solar park. The deadline for applications is Jan. 9, 2025. 

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SDIC Gansu commissions 750 MW CSP-PV plant in China

SDIC Gansu New Energy has commissioned the 750 MW Akesai Huidong CSP-PV plant in Jiuquan, China’s Gansu province, combining a 110 MW concentrated solar power (CSP) tower and a 640 MW solar array to form China’s largest hybrid solar facility.

DMEGC releases 22.9%-efficient lightweight bifacial TOPCon solar panels for limited roof space

DMEGC Solar says its new solar panels weigh only 15.3 kg and have a power output of up to 270 W. The new products combine a double-glass design with TOPCon cell technology.

India to mandate energy storage for solar, wind projects

India is likely to follow in the footsteps of China and mandate the inclusion of battery storage capacity for future wind and solar energy projects.

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