China

Negative second-quarter updates from China and uber-low new-solar figures from India, however, show the world is far from out of the woods yet.

Grid scale lith-ion batteries may be multiplying Stateside, but an expected recovery in the production line segment will be put on hold until next year because of the pandemic, according to one analyst.

Norwegian polysilicon maker and silicon business Elkem is planning to build a manufacturing facility in Herøya.

David Riester of Lacuna Sustainable Investments, looks at how, on the journey from concept to monetized power plant, renewables and energy storage projects tend to get tugged toward ‘zero’ margin, from either direction. The further the rubber band is stretched, the stronger the pull back toward zero.

Analyst IHS Markit has predicted storage will rebound this year following its first year-on-year decline in 2019. The technology is being rolled out at pace despite Covid-19 with state-level policies set to keep the US the global capital for the next five years.

A unit of the manufacturer has suspended poly production in Sichuan province because of flooding fears. The temporary factory shutdown will shave 25% off the group’s output capacity.

According to the product sheet, the new series has dimensions of 2,219×1,765x40mm and weighs 43.5kg. Efficiency reportedly ranges from 20.1-20.8% and the module features a 12-year product warranty and 25-year linear power output guarantee.

The decision to remove its cell manufacturing capacity has prompted hefty impairment losses which, together with a Covid-19-related slump in demand, will wipe out the gains offered by new solar ingot, wafer and module production lines.

Whoever published the figures for a profit warning issued by the poly maker on Friday might have spooked investors even further with a stray decimal point.

Trina Solar said this week that it plans to expand cell production output by 10 GW at its factory in Jiangsu province, while JA Solar revealed plans to ramp up wafer production by 20 GW. ZNshine Solar, meanwhile, is aiming for 10 GW of new PV module capacity.