Maxeon challenges Nasdaq delisting threat, plans reverse stock split
Maxeon has challenged Nasdaq’s decision to potentially delist it from the Global Select Market and is now implementing a reverse stock split to raise its bid price above the required threshold. A hearing on the matter is pending.
Sharp unveils 610 W TOPCon solar panel with 22.58% efficiency
Sharp’s new IEC61215- and IEC61730-certified solar panels have an operating temperature coefficient of -0.29% per C and a bifaciality factor of over 80%.
India’s NHPC tenders 2.4 GW of solar-plus-storage projects
NHPC Ltd. has launched a tender to select developers for 1.2 GW of grid-connected solar projects with energy storage systems (ESS). It also includes an option for up to 1.2 GW of additional PV capacity with ESS.
China to host 1.6 GW vanadium flow battery manufacturing complex
The all-vanadium liquid flow industrial park project is taking shape in the Baotou city in the Inner Mongolia autonomous region of China, backed by a CNY 11.5 billion ($1.63 billion) investment. Meanwhile, China’s largest vanadium flow electrolyte base is planned in the city of Panzhihua, in the Sichuan province.
Livoltek launches 120 kW EV chargers
China’s Livoltek says it has developed 120 kW electric-vehicle chargers with 140 kW input and a 100 kWh LFP battery, supporting the CHAdeMO, GB/T, CCS1, and CCS2 standards.
Malaysian scheme lets businesses buy on-grid renewables from developers
A new initiative now allows businesses in Malaysia to purchase green electricity directly from renewable energy developers through the national grid. The country’s Ministry of Energy Transition and Water Transformation (PETRA) estimates that it will generate more than MYR 10 billion ($2.4 billion) in direct investments.
Storing surplus PV power with thermal storage electric boilers
Tokyo-based heavy industry manufacturer IHI Corporation has created a thermal utilization system that can convert surplus direct current power at solar plants into carbon-free steam. A test project that commenced in April has used all generated electricity and is operating stably, the company says.
Daiwa House unveils solar carport
Daiwa House, Japan’s largest homebuilder, has developed a new carport made from extruded aluminum profiles. It comes in two versions, accommodating either four or two vehicles.
Taiwan improves PPA rules for renewables
The Taiwanese government has introduced a new, favorable framework for renewable-energy power purchase agreements (PPAs). Large energy consumers are no longer required to buy the entire output of large-scale facilities.
Solar pipeline in Philippines’ Visayas region hits 760 MW
Figures from the Philippines Department of Energy (DOE) show that 1.98 GW of renewable energy projects are under construction on the archipelago of Visayas, with solar accounting for more than one-third of the capacity.
