The Chinese monocrystalline panel maker said its 72-cell bifacial product has reached an ouput of more than 450 W on the front side. The result was confirmed by Germany’s TÜV-SÜD.
Most large manufacturers supplying the inverter market have diversified production outside of China, but this will affect Huawei and other Chinese inverter makers, as well as U.S. module makers.
Analyst Globaldata says falling system prices, and the need for more resilient grids and favorable policies, continue to fire the energy storage industry around the globe and the Asia-Pacific region is likely to remain the biggest market.
Latest tirade may simply be a crude bid to up the ante with a high-profile Chinese deputation due to visit the U.S. in the latest round of trade talks this week but its timing is worrying for the Chinese solar companies struggling under huge debts.
High-profile CEO Elon Musk has delivered on his promise to slash prices for residential solar. And the company’s reduction of prices to as low as $1.75/W after the federal tax credit is applied is likely a result of the move to online sales.
The US microinverter maker reported its second consecutive quarter of profit and is sold out into the second half of the year, as it continues to battle tariffs and component shortages.
The SEC filing lodged by the Chinese manufacturer today tells the tale of ever falling panel prices, production shutdowns prompted by cashflow crises and multiple legal claims from creditors, as the company warns it could face being broken up.
New York State-based Linton Crystal Technologies announced plans to bring its Chinese ingot production equipment business under one roof just hours after its major customer outlined its intent to manufacture even more monocrystalline panels.
The volume of U.S. electricity generated by renewable energy is set to surpass the level sourced from coal for the first time this month and the trend is expected to continue in May, according to Department of Energy data.
In late January 2019, California’s largest investor-owned utility Pacific Gas and Electric (PG&E) declared bankruptcy for the second time, causing anxiety for investors, ratepayers, employees, PPA holders, elected government officials and, lest we forget, fire and gas explosion victims. Judge Alsup, who is overseeing PG&E’s probation from its felony conviction, lambasted the company for violating its probation. “To my mind, there’s a very clear-cut pattern here: that PG&E is starting these fires,” Alsup said. “What do we do? Does the judge just turn a blind eye and say, ‘PG&E continue your business as usual. Kill more people by starting more fires.”
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