India’s Reliance Industries has announced plans to invest $8.1 billion over the next three years to build gigafactories for solar, energy storage, electrolyzers, and fuel cells.
The announcement was given by the Chinese module maker in its financial statement for the first quarter of the year. The company also stated it shipped 5.35 GW of PV products in the period from January to March and that its revenue and profits declined by 6.4% and 21.7% year-on-year, respectively.
Triumph Group is planning to build a $1.71 billion PV glass factory in Suqian City, Jiangsu Province. Longi has maintained unchanged the prices of its wafers for July.
Huawei launched its All-Scene FusionSolar + Storage Solution at this year’s SNEC Expo 2021. In the following week, it announced a new business unit, Huawei Digital Power Technology. pv magazine spoke with Chen Guoguang, President of Huawei Smart PV to discover the company’s strategy and vision for the future of solar PV.
The new hybrid inverter series has an efficiency of up to 98.2% and a European efficiency of up to 97.4%. The device offers multiple connections with a maximum of 10 units in parallel to expand the AC output power.
The Indian government’s efforts to restrict PV equipment imports and expand domestic manufacturing are starting to bear fruit.
China-based Risen Energy is expanding its global footprint with plans to construct a $10 billion production facility in Malaysia.
Researchers in China have built a PV-powered air conditioner that can store power through ice thermal storage. The performance of the system was evaluated considering operating efficiency and stability and the scientists found that a device relying on a variable-speed compressor and an MPPT controller showed very good ice-making capability.
U.S. business 1366 Technologies is looking for Indian module manufacturing partners as it plans to bring its ‘direct wafer’ production technique to the country. The company uses molten silicon to form wafers rather than sawing ingots, thus eliminating dust waste and speeding up the process.
If the three record-busting low solar price tariffs recorded in the Middle East in the past 18 months are to be believed, renewables-powered hydrogen in prime sites in the region could already compete with gas-plus-CCS production, according to IRENA. Has the Gulf discovered the new petrol?
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