Chinese solar manufacturer GCL System Integration (GCL SI) has received approval from the Shenzhen Stock Exchange Listing Review Center to raise up to RMB4.8 billion (US$673 million).
Indian power company AmpIn Energy Transition has invested INR31 billion (US$371.7 million) to build renewables projects of more than 600MW and a solar cell and module manufacturing plant.
As the industry leaves behind p-type technology, most module manufacturers have either chosen tunnel oxide passivated contact (TOPCon) or heterojunction to jump towards n-type modules, with some opting for back contact (BC) cells to transition towards the new technology.
Parliament’s decision has been met with both approval and some trepidation by representatives in the European solar industry. It will now pass to negotiations with the European Council to clarify its specifics.
Everything seems to be pointing to the solar PV manufacturing sector going into a downturn in 2024, with loss-making potentially rife across much of the upstream sector.
Chinese solar manufacturer Huasun has claimed a “record-breaking” power output and conversion efficiency for its heterojunction technology (HJT) modules.
The Australian Renewable Energy Agency (ARENA) will invest AU$11 million (US$6.9 million) in Australian solar technology company SunDrive Solar to support the commercial scale-up of SunDrive’s novel solar cell metallisation technology.
Undetected faults and damage in solar PV modules, like cracks, manufacturing errors and foreign material, pose a “significant risk” to the solar industry according to a new report from US renewables firm Clean Energy Associates (CEA).