Chinese solar manufacturer Longi has responded to recent media reports claiming that it might cut 30% of its global workforce.
Longi has announced the achievement of 27.09% efficiency for its heterojunction back contact (HBC) solar cell, a result that has been confirmed by Germany’s Institute for Solar Energy Research (ISFH).
The US Department of Energy’s National Renewable Energy Laboratory (NREL) has confirmed Longi’s achievement of a world record-breaking efficiency rating of 33.9% for a perovskite-silicon tandem solar cell.
The new series comes in seven versions, with power outputs between 560 W and 590 W. The power conversion efficiency ranges between 21.7% and 22.8%.
SEG Solar says it will invest $60 million in a new U.S. factory. It currently produces panels at factories in Vietnam and Indonesia.
China-based module manufacturer Huonen Solar plans to build a panel manufacturing facility in Orangeburg, South Carolina. The factory will produce modules for the U.S. market.
Longi Solar said it will invest approximately $6.6 billion in 100 GW of wafer capacity and 50 GW of solar cell capacity in Shaanxi province, China.
The solar manufacturing supply chain is among the Chinese industries hit by a combination of soaring power demand, coal shortages for power generation, and carbon emission reduction measures.
The achievement was confirmed by the Institute for Solar Energy Research and is claimed as a world record for a p-type TOPCon cells.
Preliminary results for a handful of companies suggest that commodity price rises are having an impact on earnings.