Major polysilicon producer Wacker Chemie has reported its polysilicon division was heavily impacted by the slump in demand due to China’s ‘531 New Deal’ as a reason for the sharp decline in revenue and profitability which declined significantly in 2018.
Major China-based PV module manufacturer Risen Energy has reported its latest JÄGER HP 72-cell sized module has achieved a record conversion efficiency of up to 21%, tested and certified by independent third-party institute TUV-SUD.
Indian state-run utility NTPC has issued a tender for 15MW of floating solar at its hydroelectric power station Koldam in the mountainous, northern state of Himachal Preadesh.
According to provisional data from BloombergNEF (BNEF), global solar PV installations reached 109GW in 2018 as the cost of installing a megawatt of photovoltaic capacity fell 12%, which spurred markets outside China to increase installations.
‘Silicon Module Super League’ (SMSL) member LONGi Solar has reported a new solar cell world record conversion efficiency for monocrystalline silicon PERC (Passivated Emitter Rear Cell) technology of 24.06%, which has been verified by the National Center of Supervision and Inspection on Solar Photovoltaic Product Quality (CPVT) in China.
According to reports, Saudi Arabia’s National Industrial Clusters Development Program (NICDP) and petrochemicals to manufacturing conglomerate SABIC have signed MOU’s with LONGi Group and OCI to bring fully integrated solar manufacturing to the country.
PV inverter manufacturer KACO new energy is changing its business focus to include only string inverters and energy storage products, after its acquisition of Energy Depot, selling its central inverter business subsidiary in South Korea to OCI Power. Financial details were not disclosed.
Solar Energy Corporation of India (SECI) is planning to develop its own renewable energy projects at the Indian archipelago of Lakshadweep, with an eye on coupling the projects with battery energy storage.
