China

Global management consulting firm PricewaterhouseCoopers has issued a general economic prediction for 2021. Aside from some general notes on GDP recovery post-Covid, the analysts’ notes were heavily focussed on climate and energy finance and policy.

Parent company hopes to raise $535 million from the move with $500 million worth of three-year senior notes owed by its solar project business due to mature on January 30.

In the first instance, the Düsseldorf Regional Court in Germany ruled in favor of Hanwha Q-Cells, but Longi Solar has appealed the judgment. There is also still a struggle for the validity of the patent between the photovoltaic companies at the European Patent Office. In addition to Longi Solar, REC is also reporting another partial success in the legal dispute with the South Korean photovoltaic manufacturer.

The European Commission has finalized its long-anticipated investment agreement with China. While some renewable energy businesses might benefit from improved investment security, IP protection and access to legal remedies in China, the Commission did not address the issue of Uyghur forced labor in China. As a majority block in the European Parliament had previously demanded from the Commisison to develop a firm policy to end forced labor in China, there is reason for doubt that the agreement as it stands will be adopted by the EU Parliament.

The solar cell manufacturing facility, located in China’s Yunnan Province, is expected to raise Jinko’s cell capacity to 30 GW by the end of 2021.

The PV module relies on Jinko’s TOPCon mono cell technology, for which a record efficiency of 24.9% was announced last week. TÜV Rheinland has confirmed the result.

The use of polymer electrolyte membrane fuel cells as backup power generation in solar microgrids could drive down costs and improve efficiency, according to an international group of researchers. They have proposed a new energy management system that could be ideal for hybrid solar-hydrogen microgrids in remote locations.

Trina Solar has secured a 4 GW solar module order from US company Nextera Energy and wafer manufacturer JYT Corporation closed deals to supply a total of 1,906,000,000 wafers.

A new paper from scientists in China and Canada examines the recent progress in the development of perovskite-silicon tandem cells, finding a technology that’s poised for rapid commercialization, with a few research challenges still to overcome. These are primarily related to ensuring the perovskite layer can match the lifetime of the silicon cell underneath.

Polycrystalline PV technology, which is seeing its market share tumble on the global stage, still dominates India’s small solar manufacturing base and is emblematic of the R&D shortfalls in the sector, according to a survey of the state of the industry.