China

Astronergy says it plans to build one of the world’s largest announced offshore PV projects, while Longi says it is expanding its cell capacity in Leshan, Sichuan province.

Chinese battery industry heavyweight Contemporary Amperex Technology (CATL) announced a new electric vehicle battery that reportedly enables long-range driving on a fast, ten-minute charge. It expects mass production to begin by the end of this year, and vehicles equipped with the battery to be available in the first quarter of 2024.

A lack of clear policy support, raw material dependency, and higher production costs are inhibiting the localization of European solar manufacturing, despite strong demand.

China deployed 18.74 GW of new PV systems in July alone and may now cross the 500 GW threshold by the end of this month.

China will introduce technical standards and policies for the wind and solar industries to recycle their decommissioned equipment by 2030.

JinkoSolar has reported a net profit of CNY 3.8 billion ($526.6 million) for the first half of 2023, while Maxeon has revealed plans to open a 3 GW TopCON cell and module factory in the United States.

Atess Power, a Chinese PV inverter manufacturer, says that its HPS50-US, HPS100-US, and HPS150-US hybrid inverters recently secured approval from CSA Group.

A research team has developed OHP-based photoanodes for photoelectrochemical (PEC) water splitting, minimizing the usual limitations. Meanwhile, China released its first hydrogen guideline, and Germany announced €18.6 billion for the hydrogen industry. Finally, a German company finds out that hydrogen trains are more expensive than battery-operated vehicles.

The China Nonferrous Metals Industry Association (CNMIA) says that polysilicon prices rose this week, while TCL Zhonghuan raised wafer prices for the second time in 10 days.

Biwatt Power, a Chinese manufacturer, has developed new residential sodium-ion batteries with an efficiency rate of 97% and a projected lifespan of more than 3,000 cycles.