Asia & Oceania

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.

Mining major Rio Tinto and Aboriginal energy partnership the Yindjibarndi Energy Corporation (YEC) have signed a memorandum of understanding (MOU) to pursue the development of solar and wind projects in the Pilbara region of Western Australia.

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. 

India’s cabinet has approved a 13GW renewable energy project, which a 7.5GW solar park, in the most northern state of Ladakh.

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

Trina Solar has announced that it will supply some of its latest Vertex solar modules to the 2GW Ningxia solar project in China.

Large PV manufacturers committing to perovskites is an encouraging sign for the perovskite sector, according to a Rethink Energy report.

The Solar Energy Corporation of India has launched a request for selection for 1GW of new solar projects to be built within India.