Asia & Oceania

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.

Chinese module manufacturer Trina Solar has achieved a 25.9% cell efficiency for a bifacial i-TOPCON solar cell.

Fierce competition and the emergence of technologies such as TOPCon have led to an uptick in the prevalence of patent infringement lawsuits between PV companies. Tom Kenning reports.

JinkoSolar has launched its latest range of modules, the Tiger Neo 3.0 series, which boast a power conversion efficiency of 24.8%.

LONGi and the School of Materials at Sun Yat-sen have developed HJT back contact solar cells with a power conversion efficiency of 27.09%.

The average global LCOE for fixed-axis solar PV systems in 2024 reached US$66/MWh, ranging from US$28/MWh to US$117/MWh.

2023 was a 'record year' for solar installations, dominated by China which is 'well above the sum of all other markets globally', the IEA said.