Chinese PV Industry Brief: Longi issues net loss warning for 2024
Longi has issued a profit warning for 2024, forecasting a net loss of up to $1.11 billion – a sharp decline from last year’s profit of $1.42 billion.
China begins building first GW-scale residential VPP
China is building its first gigawatt-scale residential virtual power plant (VPP) in Jiangsu province. The project will connect millions of high-power household appliances to a cloud-based energy pool to improve grid stability and boost renewable energy use.
A copper-bottomed answer to solar’s silver dependence
The solar industry has dragged its heels on the issue of silver-dependence for cell metallization, but China’s Jiangsu Xianghuan Technology (JXTC) is moving into commercial production with a copper plating process that overcomes many of the challenges that have limited interest from cell manufacturers.
Bolivia’s YLB signs lithium deals with Russian, Chinese companies
The agreements provide for the installation of carbonate industrial plants in the department of Potosí, which will receive royalties and investments of around $2 billion.
China’s CGN New Energy announces winning bidders in 10 GWh BESS tender
CGN New Energy has selected seven winners from 50 bidders in its 10 GWh battery energy storage system (BESS) tender, with the lowest bid at CNY 0.458/Wh ($63/kWh).
Wind tunnel tests show spacing between panels is key to reduce soiling
Scientists have placed four PV panels in a 21-meter wind tunnel and run different tests regarding tilt angles, mounting height, spacing, and incoming flow direction. They found that when the spacing between panels exceeds twice the panel height, the mutual influence on dust deposition becomes negligible.
Open-source dataset for rooftop PV generation in urban environments
A group of scientists has developed an open-source dataset comprising three years’ worth of data from Hong Kong’s largest behind-the-meter rooftop solar power project. Power generation was collected at 5-minute intervals, and meteorological data at 1-minute.
US bans five Chinese PV firms under Uyghur Forced Labor Prevention Act
Under the Uyghur Forced Labor Prevention Act (UFLPA), the US authorities have banned five Chinese companies from providing products and services in the United States.
Solis releases three-phase string C&I inverters with fuseless design
The Chinese inverter said its new inverters have an MPPT current of up to 54 A and support more than a 150% DC/AC ratio. The new products also feature a maximum efficiency of 98.8% and a European efficiency rate of 98.3%.
China’s REPT Battero to build battery factory in Indonesia
China’s REPT Battero has revealed plans to build a lithium-ion battery plant in Indonesia, targeting 8 GWh of annual production capacity in the first phase.
