BYD

The Spanish company says it wants to focus only on OECD member states, indicating a withdrawal from Africa. The sale includes a solar farm in the Northern Cape, which has reportedly been affected by module backsheet failures.

Chinese battery manufacturer BYD will this week introduce an expanded portfolio of energy storage systems designed for the commercial and industrial solar markets. At The smarter E, the company will also offer a sneak peak at a new high-voltage storage system expected to be launched later this year.

In other news, BYD’s quarterly profit is up by 241% buoyed by demand for battery-powered cars, Ford takes a US$3.1 billion loss on its Rivian stake and cuts 580 jobs as part of corporate restructuring, and ABB agrees to provide its full portfolio of EV charging technology to Shell.

In other news, StoreDot’s extreme fast charging EV technology gets one step closer to commercial viability and Volkswagen resumes European production. Moreover, Japanese carmakers are gearing up to claim their share of the European EV market.

The two brands announced a strategic project at the SNEC solar conference and trade show which will see the establishment of trading and big data centers to help roll-out PV in China.

The third annual scorecard published by the consultant has tested 22 batteries with different chemistries for cycling stability and temperature-dependent behaviour and identified significant product trends.

BYD more than doubled November vehicle sales but posted a drop in January-to-November business. Xinyi Glass is looking to grow its assets, while GCL-Poly is raising capital.

The centralized nature of policymaking in Beijing would enable component standardization to ease the transition from EV to stationary energy storage use, according to Greenpeace East Asia.

BYD and Fronius have started offering the BYD Battery-Box Premium storage system and Fronius Symo GEN24 Plus inverter as a bundle. They said the combined solution can be used in residential PV arrays and light commercial systems.

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.