Chinese PV Industry Brief: JinkoSolar, TBEA report lower profits
Five major Chinese PV manufacturers issued profit warnings this week.
Chinese PV Industry Brief: Longi issues net loss warning for 2024
Longi has issued a profit warning for 2024, forecasting a net loss of up to $1.11 billion – a sharp decline from last year’s profit of $1.42 billion.
China begins building first GW-scale residential VPP
China is building its first gigawatt-scale residential virtual power plant (VPP) in Jiangsu province. The project will connect millions of high-power household appliances to a cloud-based energy pool to improve grid stability and boost renewable energy use.
A copper-bottomed answer to solar’s silver dependence
The solar industry has dragged its heels on the issue of silver-dependence for cell metallization, but China’s Jiangsu Xianghuan Technology (JXTC) is moving into commercial production with a copper plating process that overcomes many of the challenges that have limited interest from cell manufacturers.
Bolivia’s YLB signs lithium deals with Russian, Chinese companies
The agreements provide for the installation of carbonate industrial plants in the department of Potosí, which will receive royalties and investments of around $2 billion.
China’s CGN New Energy announces winning bidders in 10 GWh BESS tender
CGN New Energy has selected seven winners from 50 bidders in its 10 GWh battery energy storage system (BESS) tender, with the lowest bid at CNY 0.458/Wh ($63/kWh).
US bans five Chinese PV firms under Uyghur Forced Labor Prevention Act
Under the Uyghur Forced Labor Prevention Act (UFLPA), the US authorities have banned five Chinese companies from providing products and services in the United States.
Solis releases three-phase string C&I inverters with fuseless design
The Chinese inverter said its new inverters have an MPPT current of up to 54 A and support more than a 150% DC/AC ratio. The new products also feature a maximum efficiency of 98.8% and a European efficiency rate of 98.3%.
The Hydrogen Stream: Nikola to sell 100 fuel-cell hydrogen trucks to Port of LA
Nikola plans to sell 100 hydrogen fuel-cell trucks for logistic operations in California, Volvo has started developing hydrogen combustion trucks, and Airbus has announced plans to launch a study into hydrogen projects in the US state of Georgia.
US, Canada ramp up solar glass plans
With PV module capacity ramping up, glass suppliers have been investing in new solar glass production capacity. As in India and China, new facilities are popping up in North America, with unique twists to ensure competitiveness, such as using recycled material.
