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South Korea

Mission Solar announces 2 GW solar cell manufacturing in Texas

The company will invest $265 million in a cell factory that is expected to create 500 jobs.

U.S. leads countries where golf courses occupy more land than solar, wind plants

Researchers say the 10 countries with the most golf courses could install up to 842 GW of utility-scale solar or 659 GW of wind capacity on land equivalent in size to that used for the sport.

The semiconductor crunch is easing. What’s next for solar?

Crucial to panels, inverters and batteries, semiconductors are the solar industry’s silent workhorses; however, material scarcity and supply chain issues loom.

LG Energy Solutions plans U.S. battery manufacturing

The South Korean battery maker expects strong demand momentum in the energy storage space (ESS) and plans to release a new high capacity lithium iron phosphate product with an energy density improved by 20%, alongside other products. To advance its local supply capabilities, the company plans to start ESS battery production in the US next year, and is considering converting European electric vehicle (EV) production lines to ESS.

Sunrise brief: Sungrow posts $1.3 billion profit for 2023

Also on the rise: Major defense company plans to cut emissions almost in half by investing in renewables. New green bank to support distributed solar and storage in the Appalachian region. And more.

South Korea plans 120 GW space solar project

Two Korean research institutes are designing the 2.2 km × 2.7 km Korean Space Solar Power Satellite project with the aim of providing approximately 1 TWh of electricity to the Earth per year. The proposed system should use 4,000 sub-solar arrays of 10 m × 270 m, made out of thin film roll-out, with a system power efficiency of 13.5%.

Qcells builds pilot line for perovskite-silicon tandem PV cells in South Korea

Qcells says it is building a pilot line for perovskite-silicon tandem solar cells that will start operations later this year in South Korea. It is working closely with its team in Germany, where it has already established another pilot line for tandem cells.

LG launches U.S. residential energy storage system

The new residential storage system connects two 10-hour batteries or 16-hour Prime battery modules in parallel to offer a capacity of 19.2 kWh to 32 kWh, with a maximum output of 9.6kW from the inverter.

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LG Energy Solution sees record profit in Q4

One of the leading global battery manufacturers, LG Energy Solution, announced an increase of 43% in revenue and nearly 60% in operating profit as it seeks to expand in North America.

SolarEdge ships battery cells to stationary energy storage market

The global inverter and storage manufacturer began shipping NMC pouches from its Sella 2, South Korea production line.

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