Chinese PV Industry Brief: Financials, a new GW-scale factory, and big hydrogen
Longi and Sungrow both announced solid financial results last week. Module maker China Solar delayed the resumption of trading on the Hong Kong stock exchange, and polysilicon producer GCL-Poly unveiled plans to raise up to $16.8 million by issuing shares. Coal miner Baofeng Energy, meanwhile, announced the construction of what it claims will be the world’s largest PV-powered hydrogen plant, and Seraphim and Lu’An Solar revealed that they will open a 5 GW PV panel factory in China’s Jiangsu province.
SunPower accesses $1 billion in residential solar and storage loan capital from Tech CU
Despite the pandemic, capital is still pouring into solar.
Pandemic-related uncertainty in the US solar industry — and the case for an ITC extension
Renewable energy industry officials are hopeful that a post-pandemic comeback is possible in 2021 but, “Supply chain issues haven’t played out yet,” said George Strobel of Monarch Capital.
Q Cells takes top share of the US distributed solar module market
The company claimed 25.2% of the residential solar module market, while controlling 13.3% of the commercial and industrial market, according to WoodMac’s Q1 2020 U.S. PV Leaderboard. The achievement marks the first time Q Cells has topped both markets, as well as the first time any company has held a residential market share of 25% or greater.
Trina’s new solar module confirmed at 515.8 W output, roadmap set for 600 W
Trina Solar has been manufacturing its 500 W modules for a month now and plans to increase module output to more than 600 W in the future.
First Solar signs PV-plus-storage PPAs with community choice aggregators
The First Solar-developed Rabbitbrush project will provide electricity for these two community choice aggregators for 15 years.
SunPower pauses its solar cell and module factories, reduces salaries and workweek
The solar efficiency leader remains on track to complete its planned split into two independently focused pure-play solar companies by the end of the second quarter.
Canadian Solar calls Solaria’s ‘shingled’ cell patent claim ‘meritless and unfounded’
The patent infringement claim concerns a process for separating photovoltaic strips from silicon solar cells for use in more-efficient tiled or “shingled” solar panels.
On the road to high-value recycling, storage is ahead of solar
Solar lags, at least in part, because the major components of panels — glass and silicon — while highly recyclable, are not as valuable as the lithium, cobalt and nickel in batteries.
Ubiquitous Energy’s clear solar windows harvest UV and IR light — an update
Can an organic solar cell material finally be commercialized? Last year, Ubiquitous Energy claimed a world record for efficiency of a transparent solar cell with a 9.8% efficiency. Can a solar window harvest enough power to be practical?
