China

Hogging the limelight – the incredible story of China Solar

Real estate and logistics company owner Cheung Shun Lee is making a third attempt to relist a company whose shares have been suspended for five-and-a-half years, and whose corporate history during that time reads like a soap opera.

Xinyi Solar completes shares issue to finance new glass capacity

The Wuhu-based solar glass maker and PV project developer expects to raise around $167 million to expand operations after diluting stock by issuing shares equivalent to just under 5% of the business.

Poly maker Daqo presents a blockbusting set of figures

Profits and revenues were down in a year which saw average selling prices slump – especially after the turbulence in the Chinese market – but the company’s hell-for-leather dash for production capacity expansion and aggressive cost cutting mitigated the ill effects. And there is more to come in the year ahead.

In space, stability of perovskite cells is not an issue

A Chinese research team has tested large-area perovskite solar cells by sending them into near-earth orbit at 35 km, and has discovered the near lack of oxygen and moisture is good for their stability.

Manz reports higher sales and positive earnings for 2018

The PV equipment manufacturer said solar sales remained stable. Major CIGS contracts with Chinese partners Shanghai Electric Group and China Energy Investment Corporation dominated the company’s PV business.

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Chinese manufacturer Seraphim’s new 1 GW module fab will produce bifacial, half-cut modules

The Changzhou-based company, which has established the Shanxi facility with state-owned rival Shanxi Lu’An Photovoltaics Technology, has not revealed what proportion of the factory’s output will feature the high efficiency technology.

GCL-Poly backing grid AI application with new joint venture

The Chinese polysilicon heavyweight has joined forces with Japanese industrial and energy conglomerate Mitsui & Co and software company eVolution Networks, and promises to deliver a solution that will beef up the grid.

The mainstreaming of mono

In the second half of 2018, monocrystalline silicon technology passed an important milestone: Quarterly production of monocrystalline ingots, wafers, cells, and modules overtook that of multicrystalline for the first time in the mainstream PV era. This milestone was tracked by PV technology and market forecasting firm exawatt. CEO Simon Price sets out how mono’s rapid growth could have been, and was, predicted.

French regulator proposes tightening up controversial carbon footprint rules

In a report which states utility-scale PV project development in France can cost as little as €600 per installed kilowatt, the CRE has made recommendations including factoring in transport and full supply chain costs into the calculation of how environmentally friendly solar panels are.

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The weekend read: A battery and inverter powerhouse

In December, pv magazine met SolaX Power president Li Xinfu and his team at the company’s headquarters in sprawling Hangzhou, in Zhejiang province. The region is a hotspot for the Chinese PV industry and SolaX belongs to the cutting edge of Chinese inverter and residential battery manufacturers.

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