Record shipments push global solar PV inverter market past $9 billion in 2019
The PV inverter market achieved record shipments in 2019, writes IHS Markit’s Miguel de Jesus, driven by booming shipments in key markets such as the United States, Spain, Latin America, Ukraine and Vietnam. Revenue rose rapidly, surpassing the $9 billion mark in 2019 for the first time.
Longi launches 540-watt solar module, joins ‘super module’ scramble, aims for new wafer standard
The Chinese manufacturer has debuted two models in the new bifacial, double-glass series to join the scramble for a slice of the 500 W-plus market and to stake its claim to set the 182mm, M10 wafer adopted as the industry standard.
Global demise of coal-fired generation driven by idle and unprofitable plants
China grapples with overcapacity by slowing coal plant construction while more U.S. plants have closed during the first three years of the Trump administration than in Obama’s two terms.
Analyst expects ‘unprecedented’ consolidation of Chinese solar industry
Private PV manufacturers and project developers alike are set to be squeezed out by the state in the world’s biggest solar market, according to Frank Haugwitz, who has compiled a wide-ranging report as preparations for the next five-year plan gather pace.
Genius hackers attempt to blackmail defunct thin-film solar company
MiaSolé has been the victim of a ransomware attack by a group that has previously targeted Michigan State University, Columbia College of Chicago, Toll Group and Bolloré. What do hackers hope to gain from a defunct company with financially-troubled ownership?
JinkoSolar receives favorable judgment of non-infringement in Hanwha Q CELLS patent claim
The U.S. International Trade Commission has determined that JinkoSolar’s products do not infringe any patent claimed by Hanwha Q-Cells. At the patent’s core is a passivation technology that significantly increases the efficiency of modules.
Canadian Solar sees turnover and profits surge
The Chinese-Canadian solar manufacturer reported a 41% year-over-year increase in total module shipments to 2.2 GW in the first quarter. Revenue grew by 70% to $826 million, while net profit improved significantly from $17.2 million to $110.6 million.
Morning brief: Bifacial solar panels stay tariff-free, Musk’s $775M payout, G.E. sells lighting business
Also in the brief: Solar-plus-storage microgrid project at the San Diego Blood Bank.
Chinese PV Industry Brief: 3.95 GW of new PV in Q1, new 500 W-plus modules, a panel with 23.2% efficiency
China’s cumulative installed PV capacity topped 208 GW at the end of March, thanks to 3.95 GW of new projects completed in the first quarter. JinkoSolar and Longi both joined the 500 W-plus module race, with their new panels offering 580 W and 530 W of output, respectively. Ginlong, meanwhile, has revealed plans to raise funds to increase its annual inverter production capacity to 20 GW, and Xi’An Solar has claimed a 23.2% efficiency rate for its N-type TOPCon modules in mass production.
Jinko launches PV module with record output of 580 W
The new module line can cut LCOE and reduce logistics cost for module transport.
