Chinese Tier-1 solar company JinkoSolar is embarking on a research collaboration with the Solar Energy Research Institute of Singapore to develop high-efficiency bifacial solar cells.
In tweet sent yesterday, India revenue secretary Hasmukh Adhia said that all solar equipment will be subject to only 5% Goods and Services Tax, allaying fears cells and modules would be placed in 18% bracket.
Data from the Central Electricity Authority shows that electricity from solar jumped 81% year-over-year in fiscal year 2016-17 to reach ~13.5 billion units, reports Mercom Capital Group.
One of the top 10 coal-fired power generators in the world, Indian energy conglomerate NTPC is today leading the charge in the country’s energy market transformation, finds report.
The South Korean-headquartered solar company posts operating income of $28 million following loss of $21 million in Q4 2016. Revenue was steady, but shipment figures were once again left undisclosed.
Roughly 6.85 GW of solar panels were shipped in Japan in the fiscal year to the end of March 2017, from about 5.56 GW in the preceding year, according to new statistics from the Japan Photovoltaic Energy Association (JPEA).
The expansion of the Asian solar market in the first quarter of 2017 was broadly similar to the growth seen in the first quarter of last year, although most countries in the region have yet to reveal official installation statistics for the January-March period, the Asian Photovoltaic Industry Association (APVIA) said in a new report.
A 1.2 MW hybrid plant is currently under development in a remote area of Indonesia aiming to provide 24-hours access to electricity for about 400 households in three villages. The project will be owned by the local community, offering a model for the development of solar PV in the country.
PERC application in monocrystalline cells has proven its capability to produce high efficiency cells. Further cost reductions could be achieved with multi PERC, but problems with Light Induced Degradation (LID) has stood in the way of its industry adoption. However, researchers and equipment suppliers are drawing in on an industrial solution.
The Tier-1 Chinese solar company saw its profit slip both sequentially and year-over-year, however, as lower average selling prices continued to fall. Company will seek opportunities to streamline operations moving forward.
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