China

China Securities has revised its annual guidance for China, predicting up to 280 GW of new PV installations this year, while glass manufacturer Kibing and wafer maker HySolar revealed new solar investment plans.

DNV forecasts that solar energy in China will account for 38% of the country’s electricity production by 2050, compared to 5% at present, with more than one-third of solar capacity to be combined with storage by the middle of the century.

Researchers in China have designed a two-stage, solar-assisted thermochemical heat pump system that uses caustic soda and water as a working pair. The system is reportedly able to achieve an energy storage density of 363 kWh/m3 and is considered by its creators an ideal solution for residential buildings with limited space.

The Chinese manufacturer launched two new module series for utility scale applications. The new products feature a temperature coefficient of -0.24% per C and a bifaciality factor of over 85%.

Chinese module manufacturer JinkoSolar has recorded roughly $16.4 billion of revenue and a $1.06 billion net profit for 2023, with PV module shipments reaching 78.52 GW. Its module manufacturing capacity hit 110 GW at the end of December.

A group of researchers in Iran has analyzed the coefficient of performance and the energy consumption of a solar-assisted heat pumps and an air-source heat pumps and has found that three factors are crucial to determine their annual performance – irradiance changes, ambient temperature, and wind speed.

The recent COP28 meeting resulted in targets to triple global renewable energy capacity by 2030, and demand for solar power is expected to continue to grow amid a market that is transitioning toward more advanced technologies. Here we examine the outlook for heterojunction (HJT) solar solutions and the types of projects that are already showcasing their potential in major regions.

The Chinese manufacturer said Germany’s TÜV SUD has confirmed the results.

China’s National Energy Administration (NEA) says the nation installed more than 47 GW of solar in the first three months of this year.

Beijian Energy says it will build a new factory to make heterojunction (HJT) solar cells and panels. The facility in Liaoning province will produce 4 GW of cells and 3 GW of PV modules.