Energy storage is the new solar for an increasing number of Chinese PV manufacturers. However, China still requires enabling policies for storage to provide the end-market volumes needed to bolster the fortunes of manufacturers old and new.
JinkoSolar says it expects a 2023 net profit ranging between CNY 7.25 billion ($1.02 billion) and CNY 7.95 billion, while Arctech Solar says it anticipates a full-year net profit of CNY 354 million.
More than 200 entries from across 39 countries made up the field for the pv magazine Awards 2023 and there was genuine innovation on display in all categories. Significant demands have been placed on the solar and energy storage industries in 2023, but that hasn’t stopped the sector from making great leaps in performance. The winners of the pv magazine Awards 2023 serve as shining examples of what can be achieved through a continuous improvement philosophy.
China’s solar industry rebounded in 2023 after years of pandemic-related sluggishness. As the year draws to a close, pv magazine looks back at key highlights of 2023 and considers the prospects for 2024.
Across Africa, rooftop solar is stepping in to fill the void as fears of non-payment and inflation-reduced donor funding dampen enthusiasm for big solar. Commercial and industrial (C&I) arrays are leading the charge, driving consolidation in markets overstocked with startup and mid-size installers.
Daqo says it has postponed its polysilicon expansion plans in China’s Inner Mongolia region, while JinkoSolar says it delivered 55.7 GW of PV products in the first three quarters of this year.
JinkoSolar claims that its new 182 mm n-type monocrystalline silicon solar cell has reached a maximum solar conversion efficiency of 26.89%. It says the achievement has been independently verified by a third party.
JinkoSolar has launched an all-in-one battery solution for commercial and industrial (C&I) solar applications. It includes a new outdoor cabinet that integrates battery packs, a management system, a power conversion system, and firefighting equipment. The system offers 215 kWh of battery capacity and up to 100 KW of rated power output.
GCL Technology Holdings Limited reported strong revenue for the first half of 2023, while JA Solar says it will invest CNY 2.72 billion ($374.8 million) in 5 GW of N-type solar cell capacity in Vietnam.
Research carried out by China‘s National Photovoltaic Quality Inspection Center shows that new n-type TOPCon modules are living up to their promise, outperforming the previous generation of p-type PERC products. Data gathered over six months from a fixed-tilt PV system showed that the n-type products produced 3.69% more energy, and also suffered much lower performance losses.
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