Asia & Oceania

JinkoSolar has published its financial results for the third quarter of the year, which include the shipments of over 23.8GW of modules.

The results continue the downward trend in polysilicon manufacturers’ fortunes as the market faces oversupply, cutthroat competition and prices below the cost of production.

The Australian Electricity Market Operator (AEMO) has signalled that solar PV, energy storage and wind projects looking to connect to the National Electricity Market (NEM) at the end of Q3 2024 surpassed 45GW.

South Korea has launched a tender for fixed-price solar and wind projects, looking for 2.8GW of new renewable power capacity.

At the UK launch of LONGi’s Hi-MO 9 module, PV Tech spoke with the company’s Europe president, Leon Zhang, about his belief that back contact technology represents the future of crystalline silicon PV.

The Queensland, Australia, state election result has seen David Crisafulli’s right-wing Liberal National Party (LNP) of Queensland elected to lead the government, raising questions about legislated renewable energy targets, coal-fired power, and nuclear energy.

The company attributed this loss to the ongoing decline in the average selling prices of polysilicon and silicon wafer products.

The latest figures from the Silicon Branch of the China Nonferrous Metals Industry Association showed that polysilicon prices have remained flat.

Oil and gas major bp has officially acquired solar PV developer Lightsource bp, securing the remaining 50.03% interest in the company.

Utility giant Engie’s Australian division has started construction on its 250MW Goorambat East solar PV project in Victoria, Australia.