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South Korea

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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Heat pumps competitive with gas boilers in some markets, says IEA

The International Energy Agency (IEA) says unsubsidized heat pumps are already competitive with gas boilers in mature markets including the United States, Canada, Japan, Italy, and China. It says global sales will soar to record levels by 2030.

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Array Technologies may be insulated from anti-circumvention, said ROTH

Array Technologies’ close relationship with First Solar, Hanwha, and Maxeon may be the reason for its strong revenue guidance, said an industry note from Phil Shen, managing director of ROTH Capital.

Hyundai Sonata hybrid is equipped with a solar roof

The 205W PV array adds nearly 1,000 miles of range each year and helps prevent battery discharge events that are responsible for four out of every ten roadside emergency breakdowns.

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Solar-powered hydrogen for domestic applications via building-integrated transparent platform

An international research group has created a closed-loop, transparent energy platform based on PV power generation and hydrogen production from photo-electrochemical cells. The system is claimed to supply power without interruption and to be transparent enough to be integrated into buildings.

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Color-tunable transparent silicon solar cell with 7.38% efficiency

Designed for BIPV applications by scientists in Korea, the solar cell is based on a 100μm-thick n-type silicon wafer and has a bending radius of 3-6mm.

Hyundai and UL ally to give EV batteries a second life

The two agreed to advance safe deployment and use of second-life battery energy storage systems.

Residential solar customers don’t want the cheapest system in a $20K investment – they want the best one

Customers are willing to pay a premium for a brand name with a strong warranty.

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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.

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