Simon Yuen

City University of Hong Kong has announced an improvement of perovskite solar cells as a research team engineered a type of self-assembled monolayer and anchored it on a nickel oxide surface as a charge extraction layer.

LONGi has chosen to develop back-contact (BC) cells, again based on n-type technology, announcing plans to invest RMB3.92 billion (US$536 million) on production. Future cells will be based on the company’s HPBC ‘PRO’ high-efficiency technology, with roll-out expected to gradually commence from November 2024, reaching full capacity a year later.

The new ESG standard is based on existing international standards. For companies active in the solar value chain, the new standard creates a “one-stop-shop to independently validate ESG commitment at production sites”.

Spanish independent power producer Opdenergy has secured US$252 million for two solar projects with a combined capacity of 260MWdc.

Solar inverter producer SolarEdge's revenue in the third quarter of 2023 is expected to be about 20% lower than consensus due to cancellations and pushouts of existing backlog from European distributors.

The average price of solar-grade polysilicon has dropped from the peak of RMB240,000-250,000/tonne (US$32,856-34,191) at the beginning of the year to RMB70,000-90,000/tonne.

The net income of JinkoSolar subsidiary Jiangxi Jinko has reached RMB6.54 billion (US$894.1 million) in the first nine months of 2023.

From 2023-2025, investments in Southeast Asian renewables will exceed US$76 billion, and this investment amount will likely continue to rise. 

Canadian Solar says the private placement provided the company with enhanced liquidity and flexible funds to grow its subsidiary Recurrent Energy's global business.

North American solar power purchase agreement prices increased 4% in Q3, following a decline in prices in Q2.