LG Chem unveils two residential battery series
LG Chem is spinning off its battery business into a new subsidiary, LG Energy Solution. It also launched two new battery series, Resu Prime and Resu Flex. These devices rely on new battery cells with a higher power density and with up to 16 kWh, they have a higher capacity than previous models. The first products are expected to be shipped from February or March 2021.
Biden, the EU and China to usher in ‘golden age’ for solar – Jinko
The company shipped a record 5.1 GW of modules in the July-to-September period and expects to hit up to 19 GW for the year, with ‘nearly 100%’ of its products likely to be based on monocrystalline technology in 2020.
GCL shareholders set for a busy festive period as votes loom on $903m worth of solar project sales
Chinese state entities are now behind five phases of two separate sales deals which, if approved, will transfer more than 1.8 GW of solar generation capacity into public ownership.
Chinese PV Industry Brief: Carmaker BYD unit sales down 20%, Xinyi Glass makes offer for China Glass
BYD more than doubled November vehicle sales but posted a drop in January-to-November business. Xinyi Glass is looking to grow its assets, while GCL-Poly is raising capital.
IEX launches new contracts to enable renewable energy trade on the same day and up to 11 days ahead
The two newly introduced green contracts, daily and weekly, are in addition to already operational intra-day and day-ahead contingency contracts in the green market.
Adaptive solar shade system means horticulturalists can smell the roses
Researchers have modeled the effects of various PV module arrangements on a greenhouse used for rose growing in Iran’s Shiraz region. The team determined a ‘sweet spot’ where modules produced the most energy and provided optimal growth conditions for the crop.
Hybrid power solutions take off in India
A new GOGLA report notes a growing focus on hybrid power solutions that integrate DC solar with AC grid power, and appliances that integrate both AC and DC power. Sales of hybrid solar inverters are growing by 25% per year in India, outpacing demand for conventional inverters.
Bangladesh plans to attract EV manufacturers
The government has drafted an industrial policy to try and attract electric vehicle production lines, and even solar-powered car producers, to the country.
Longi hits annual module target with a month to spare
The Chinese giant, which had a $40 billion stock price yesterday, has announced it shipped 20 GW of solar panels by Monday.
New approach to solid-state battery design
Scientists in South Korea developed a new electrode structure for a solid-state battery which they say could lead to both higher energy densities and simplified manufacturing processes for this promising energy storage technology.
