TCL Zhonghuan reveals plans to acquire majority stake in Maxeon
Chinese wafer manufacturer TCL Zhonghuan says it wants to invest around $197.5 million to increase its stake in Maxeon from 22.39% to at least 50.1%. A Maxeon spokesperson told pv magazine that the plan would place the company in a solid financial position.
Trina Solar records 65.21 GW of solar module shipments for 2023
Trina Solar says its solar panel shipments reached 65.21 GW in 2023. The Chinese module maker achieved a turnover of $15.75 billion and a net profit of $768.2 million in fiscal 2023, with an annual module production capacity of 95 GW by the end of December.
Sungrow posts $1.3 billion profit for 2023
Chinese inverter manufacturer Sungrow shipped 130 GW of inverters last year, reaching a profit of $1.3 billion.
Longi denies massive layoff plan, says job cuts could reach up to 5%
Chinese solar manufacturer Longi has responded to recent media reports claiming that it might cut 30% of its global workforce.
Longi announces 27.09% efficiency for heterojunction back contact solar cell
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).
Longi claims 33.9% efficiency for perovskite-silicon tandem solar cell
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.
Longi launches 590 W TOPCon solar module with 22.8% efficiency
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 to set up 2 GW of solar panel production in U.S.
SEG Solar says it will invest $60 million in a new U.S. factory. It currently produces panels at factories in Vietnam and Indonesia.
Hounen to build 1 GW solar module factory in U.S.
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 plans new 100 GW wafer plant, 50 GW solar cell factory in China
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.
