Korea is making good on an earlier promise, and now Japan has joined in. Both nations demand that the Trump Administration reverse the tariffs, or suffer an equivalent volume of retaliatory tariffs.
A team led by Chonnam National University in South Korea has developed a new perovskite solar cell composition, which it says could lead the way to the production of “highly efficient and air stable perovskite solar cells”.
The monocrystalline cells from the Korean manufacturer will be shipped to the French subsidiary of Chinese solar company, Upsolar.
Korea Hydro & Nuclear Power signs memorandum of understanding with solar developer, Hwaseong Solar Energy to construct what would be nation’s largest floating solar farm on western coast.
As anticipated, the fallout from U.S. President Trump’s decision to impose tariffs of up to 30% on solar imports has been big. The latest reactions include the Korean Government’s announcement that it will file a petition with the World Trade Organization (WTO) and Mexico’s promise of legal action. BNEF, meanwhile, expects module costs to increase by US$0.10/W.
The high-efficiency PV maker plans to expand its annual production capacity to 300 MW by the end of 2018, with expansions in both the United States and South Korea.
South Korea’s total installed renewables capacity will spike to 58.5 GW by 2030, from just 11.3 GW at present, under a new energy plan that prioritizes solar and wind development over nuclear generation.
The new anti-dumping duties are effective from November 22 and range from 4.4% to 113.8%.
The Korean manufacturing giant posted a slight drop in revenue and profits for the third quarter ending September 30th, but expects to achieve total module shipments in the range of 5.5 GW to 5.7 GW for the full year 2017.
Korea Electric Power Corp. (Kepco) and LS Industrial Systems (LSIS) have finished building a 28 MW solar project on the northern Japanese island of Hokkaido, backed by 13.7 MWh of storage capacity.
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