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China

Hoymiles launches AC-coupled battery for balcony PV systems

The Chinese company says its new product has a storage capacity of 2,240 Wh and an expected lifespan of 6,000 cycles.

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Chinese PV Industry Brief: Three Gorges Energy secures $10.89 billion for 2024

Three Gorges Energy has obtained $10.89 billion of funding for 2024. Its total installed renewable energy capacity exceeded 40 GW at the end of 2023, with total assets surpassing CNY 310 billion.

ChatGPT can tell scientists how to build better perovksite solar cells, research says

An international research group has sought to build for the first time a perovskite solar cell with the help of ChatGPT. The experiment helped the scientists identify a series of materials for the cell composition and the results were cells with a higher power conversion efficiency compared to that of reference cells built without the material proposed by the large language model.

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DMEGC releases 440-460 W bifacial solar modules based on rectangular wafers at Intersolar

DMEGC Solar says its new solar panels combine a double-glass design with half-cut n-type cell technology. It says the efficiency ratings range from 22.0% to 23.0%.

Chinese PV Industry Brief: Longi to issue $1.38 billion of bonds

Longi says it will issue up to CNY 10 billion ($1.38 billion) of bonds. It will primarily use the funds to support operational needs, supplement working capital, repay interest-bearing debts, and aid project construction and operations.

Chinese PV Industry Brief: NEA moves forward with curtailment plan

China’s National Energy Administration (NEA) says that utilization rates of solar and wind projects in specific provinces must not fall below 90%.

TCL Zhonghuan reveals plans to acquire majority stake in Maxeon

Chinese wafer manufacturer TCL Zhonghuan says it wants to invest around $197.5 million to increase its stake in Maxeon from 22.39% to at least 50.1%. A Maxeon spokesperson told pv magazine that the plan would place the company in a solid financial position.

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PV-to-methanol plants may maximize returns in reserve markets

New research from Denmark shows PV-to-methanol facilities may achieve 30% lower levelized cost of methanol through engagement in reserve markets. The researchers examined the ability of a PV-to-methanol plant to contribute to the grid in frequency containment reserves (FCR), automatic frequency restoration reserves (aFRR), and manual frequency restoration reserves (mFRR).

Coalitional game theory to improve P2P trading in energy communities

An international research group has utilized a newly designed coalitional game system to ensure economic fairness between members of energy communities. The game system considers different types of prosumers relying on stand-alone and combinations of solar and storage.

US government reinstates bifacial solar module tariffs

The Office of the President has turned its focus to solar panels, announcing the removal of the bifacial solar panel Section 301 tariff exclusion and addressing issues of stockpiling during trade cases, alongside promoting the nation’s manufacturing base.

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