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.
Gulf heat dome and polar jet stream shape solar outcomes in May
In a new weekly update for pv magazine, Solcast, a DNV company, reports that a strong polar jet stream and a record-breaking heat dome in May resulted in a stark contrast in irradiance patterns across North America. The western and central USA, along with Mexico, experienced higher than normal irradiance, while the Gulf and East Coast regions faced lower irradiance.
JinkoSolar comments on removal from BloombergNEF’s Q2 tier-1 list
JinkoSolar says its exclusion from BloombergNEF’s second-quarter list of tier-1 solar module manufacturers was due to a civil case involving a subsidiary, rather than financial issues.
Indoor PV powered wireless touch-switch to control home, office equipment
U.K.-based indoor PV specialist Lightricity and Japanese capacitator manufacturer Nichicon have developed a PV-powered Bluetooth switch to remotely control home or office equipment, such as lighting, sliding doors, or appliances.
TBEA launches inverters for C&I projects
TBEA has developed new products with nominal power ratings of 75 kW to 110 kW and efficiencies of 98.6%. Their European efficiency rating is 98.4%.
Amea Power switches on 26.6 MW solar farm in Burkina Faso
Amea Power has connected the Zina solar plant to the grid in Burkina Faso, to power the Mana gold mine in Mouhoun province.
Long-duration energy storage poised to outcompete lithium-ion batteries
While most long-duration energy storage (LDES) technologies are still early-stage and costly compared to lithium-ion batteries, some have already or are set to achieve lower costs for longer durations, finds BloombergNEF.
FTC Solar introduces automated hail stow for solar tackers
FTC Solar has developed a hail stow strategy that positions solar modules to minimize the impact of hail and wind, based on a collaboration with VDE Americas.
Brookfield seeks to acquire Neoen for €6.1 billion
Canada’s Brookfield Asset Management has revealed plans to buy France-based Neoen for €6.1 billion ($6.6 billion).
Perovskite-cadmium telluride tandem solar cell based on special electrode achieves 24.2% efficiency
An Indian-US research team has fabricated a four-terminal perovskite-cadmium telluride tandem solar cell by utilizing a highly conductive and sputtered transparent electrode to increase the current density of the bottom cell. The tandem device combines a 18.3%-efficient top perovskite cell and a 19.53%-efficient cadmium telluride bottom device.
