With China’s latest pandemic clampdown exacerbating existing costs for raw materials and shipping, big annual rises in solar cell and module shipments added up to a more than 91% fall in income from operations in just three months.
The German company’s decision to cede market share to Chinese companies producing the material for solar panels, in order to focus on semiconductor-ready, electronic grade product, has seen it slip behind its rivals in terms of production scale.
Bromine-based flow batteries have the potential for high energy density in renewable energy storage. Their commercial adoption, however, remains challenging due to the cathode materials used for their construction. New research from China seeks to shed light on how to overcome these hurdles.
Manufacturing giant JinkoSolar has set another world record for n-type solar cell efficiencies with its TOPCon technology, this time pushing to 25.7%. The new world record was confirmed by China’s National Institute of Metrology.
Tongwei also announced it wants to expand its solar cell capacity to 70 GW by the end of 2022 and 102 GW by the end of 2023.
As reported by pv magazine, BDO was not permitted access to the paperwork on 11 solar project companies sold by Shunfeng International in 2020 and, therefore, could not offer an opinion on the financial prospects of the business based on last year’s performance either, given the lack of comparative numbers.
Chinese inverter maker Growatt has launched Infinity 1500, a portable power station for off-grid applications.
Daqo announced its best quarterly financial results, with net profit reaching $535.8 million, while Sungrow saw its profit drop by 19%. Polysilicon manufacturer GCL-Poly changed its name to GCL Technology Holdings Limited and announced a plan to build another 100,000 MT polysilicon factory in Inner Mongolia in partnership with Zhonghuan Semiconductor.
In an upcoming pv magazine Webinar, Chinese manufacturer JA Solar will present its M10 DeepBlue 3.0 modules based on gallium-doped technology for either rooftop or large-scale applications. The company’s senior technical manager, Ignacio Espinosa, discusses the advantages offered by the M10 technology.
Solar developer Beijing Energy reported a bumper prediction apparently made by the China Electricity Council, as the developer published its annual figures today.
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