‘Solar Module Super League’ (SMSL) member Risen Energy has recently reported a decline in 2018 annual revenue and net profit, due to the overall decline in PV installations in China, which also led to pricing pressure across its PV module, PV encapsulant and EPC business divisions.
PV is increasingly becoming the cheapest energy source and therefore has become the energy source with the highest yearly capacity additions! Even in 2018, after some scepticism right after SNEC 2018, due to the announcement of the Chinese Government to stop supporting PV as intensively as in 2017, more than 100GW (109GW) have been installed worldwide (we actually bet a crate of beer on that!) and 125GW has been forecasted to be installed in 2019.
‘Silicon Module Super League (SMSL) leader JinkoSolar has achieved a record conversion efficiency of 24.2% for a large-area N-type TOPCon (Tunnel Oxide Passivated Contact) solar cell, verified by the Photovoltaic and Wind Power Systems Quality Test Center at the Chinese Academy of Sciences (CAS).
China-based PV module materials and N-type mono module manufacturer Jolywood (Suzhou) Sunwatt Co expects net profit in 2018 to be in arrange of 22.65% to 41.9% lower than in the previous year.
Renewable energy firm Unisun Energy has completed and grid connected the 11.75MW Zonnepark Rilland project in The Netherlands, which has deployed Jolywood (Taizhou) Solar Technology’s N-type TOPCon bifacial modules.
China-based PV module materials and N-type mono module manufacturer Jolywood (Suzhou) Sunwatt Co is planning to expand production through its key stakeholders Lin Jianwei and Zhang Yuzheng selling between 5%-10% of their shares in the company to Huajun Industrial, part of the Haujun Group.
Jolywood (Suzhou) Sunwatt Co has launched two differentiated high-efficiency N-type mono PV modules. The new products, the JW-HT&HD Series ‘Paving’ module boasts a front power of 430W, efficiency of 20.5%, integrated power of 530W with efficiency of 25.4%, as well as a rear power gain of 30%. The JW-HF Series ultra-light flexible module weighs 3.75kg per sqm, due to the advanced composite encapsulation materials.
China-based PV module materials and N-type mono module manufacturer Jolywood (Taizhou) Solar Technology Co is supplying Haixing New Energy, a subsidiary of the Chinese State Power Investment Corporation Limited (SPIC) with high-efficiency modules totalling 64.6MW for a National Photovoltaic Leader Project.
China-based PV module materials and N-type mono and IBC (Interdigitated Back Contact) bifacial module manufacturer, Jolywood has solidified its business relationship with Qinghai province State Power Investment Corporation’s Huanghe Hydropower Development Co., (SPIC) by establishing a joint laboratory to advance new materials, cells and module technology.
PV Tech looks at market trends through the eyes of the CEO of DK Electronic Materials (DKEM), a metallization solution provider for high efficiency cells.