With this new factory, the annual production capacity of the Chinese PV inverter maker has reached 23 GW.
The 120 MW PV facility was grid-connected in late 2020 is located at an industrial park in China’s Shandong province. Sungrow supplied its string inverters for the project.
The latest global PV industry outlook published by trade group SolarPower Europe, has indicated tight supply of the solar panel raw material is expected to persist this year but the trade body said it would be unlikely to drive further price rises.
Longi’s 25.19% efficiency rating for its new p-type TOPCon solar cells, confirmed by the Institute for Solar Energy Research in Hamelin, is reportedly a world record.
Also, Wafer producer Zhonghuan Semiconductor has further reduced the prices of its products.
An energy transition investment report published this week has also revealed the former world record low price for solar power announced by the Al Dhafra project in Abu Dhabi last year, has fallen even lower since.
The volume of new PV generation capacity added in the first half was higher than expected, given the rising input costs seen in recent months, but solar was nevertheless outpaced by new wind farms in the first six months of 2021.
With the nation having operated seven pilot programs since 2011, a national scheme started trading on Friday, although the first day’s average carbon price of around €6.70 per ton of emissions was significantly below the €50/ton levels currently being seen in Europe.
Preliminary results were published for Solargiga, Zhonghuan Semiconductor, GCL System Integration, JYT Corporation and Akcome Tech.
The cell was used to build two perovskite solar modules with a size of 5x5cm and 10x10cm, respectively, and with efficiencies of 15.62% and 11.80%.
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