Hithium closes $622 million funding round
Hithium, a Chinese manufacturer of lithium-ion stationary energy storage systems, has announced a Series C funding round consisting of more than CNY 4.5 billion ($622 million). It will primarily use the funds to expand production capacity, procure advanced equipment, and conduct R&D.
GCL-Si set to start production at 20 GW of solar cell factory in China
GLS-Si has invested CNY 8 billion ($1.1 billion) in a new cell factory in Wuhu, China. It said manufacturing activities will start in August.
New study finds growing inequality in metal footprints of renewable power value chains
A US-Chinese research team has investigated the flow of iron, copper, aluminum, and other precious metals from source to end-use destination in the renewable energy infrastructure value chain. It found significant imbalances that can be attributed to the continuous outsourcing of metal demand for the renewable power sector to developing economies.
Renac releases solar-optimized EV charger
Renac Power’s new series of AC chargers can be used with all electric vehicles (EVs) and PV systems. The devices support intelligent valley price charging and dynamic load balancing, in addition to optimizing charging with surplus solar.
The Hydrogen Stream: China starts world’s biggest solar-to-hydrogen site
China’s Sinopec has switched on the world’s largest solar-to-hydrogen project in Xinjiang, while India has unveiled a new plan to incentivize green hydrogen and electrolyzer production.
Chinese PV Industry Brief: Hoshine to make solar panels at new 8 GW factory
Hoshine says it will build its first solar panel factory in Jiaxing, China’s Zhejiang province.
Astronergy announces new TOPCon solar module series
Huang Haiyan, chief sustainability officer for Astronergy, spoke with pv magazine at the recent SNEC trade show in Shanghai about the company’s new TOPCon PV module line and its broader expansion plans.
Chinese PV Industry Brief: CNMIA, Longi announce lower wafer prices
The China Nonferrous Metals Industry Association said this week that wafer prices dropped by up to 5.6% compared to a week earlier. Wafer manufacturer Longi, meanwhile, said that the price downward trend reached the bottom in late June, with demand now beginning to grow.
Sofar unveils new microinverter series
Sofar, a China-based inverter and battery manufacturer, has introduced a new series of microinverters for balcony solar arrays and rooftop PV systems. They have a 97.5% efficiency rating and offer between 500 VA and 2,400 VA of rated power.
China halts tender for 4 GW offgrid solar-hydrogen project
China has suspended a tender for a 4 GW off-grid solar-hydrogen project. The CNY 35 billion ($4.83 billion) project – set to be built in Jiuquan, Gansu province – includes 800 MW/1600 MWh of energy storage. It is designed to feature 8,638 electrolyzers and will span 67 km².
