Plus, panel maker Risen began construction of a 15 GW cell and module factory in Yiwu, in the central Zhejiang province of eastern China.
Scientists in Hong Kong have developed a cell they say retains more than 90% of its initial efficiency under accelerated testing conditions. The device is based on two-dimensional metal-organic frameworks.
More than 1 GW of subsidized small solar arrays were installed in China last month alone and manufacturer Suntech has announced the start of operations at its 500 MW Indonesian cell and module fab.
The poly manufacturer discussed the impact of Covid-19 on its solar and wind project development business and fleshed out details of global polysilicon oversupply during a pandemic-hit first half of the year.
Power company Datang Group is reportedly planning to spend around $148 million replacing a coal-fired power plant with a 200 MW solar project in Shanxi province and two solar players are set to issue stock.
All the indicators are pointing gradually in the right direction as new owner Beijing Energy bids to put a torrid year behind the solar developer and the company has announced its intent to enter the European solar market and explore hydrogen and energy storage.
Polysilicon maker GCL-Poly has started construction of a factory with an annual production capacity of 54,000 MT as Chinese inverter manufacturer Goodwe launched an IPO on the Shanghai stock market.
Chinese polysilicon manufacturer Daqo has secured a long-term supply agreement with PV equipment provider and monocrystalline wafer manufacturer Wuxi Shangji Automation, Shanxi Coal International Energy Group has unveiled a plan to set up a 10 GW heterojunction solar cell production fab and Longi has held its wafer prices.
There was rare good news for the remaining independent shareholders of the state-controlled solar developer, as the overdue 2019 figures were finally published, with new auditor PwC shaving almost $15 million off a near-$540 million loss.
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.