Huasun has signed two deals with Leascend Group, including a monocrystalline silicon wafer supply agreement, while GCL Technology has agreed to supply Longi Green Energy Technology with 425,000 tons of N-type granular silicon to the end of 2026.
Solargiga Energy says it expects to return to a profit of CNY 130 million to CNY 170 million for 2023, while GCL Technology says it anticipates lower profits for the year.
In addition to the cost of electricity, the price of hydrogen depends largely on the up-front investment cost of the electrolyzer. The lower the full-load hours, the greater the impact. Analyst BloombergNEF (BNEF) sees a number of different possible pathways for the market to develop.
Lower costs, better supply chains and steady demand are driving an energy storage boom in the United States, according to a new report from Wood Mackenzie.
Morocco has allocated 1 million hectares for green hydrogen projects as part of its national energy strategy. The country initially plans to provide 300,000 hectare to private investors, divided into lots of 10,000 to 30,000 hectares.
The US-based manufacturer said its new heat pump system has 5-ton capacity and a coefficient of performance of up to 3.95. It uses difluoromethane (R32) as the refrigerant and relies on DC inverter enhanced vapor injection (EVI) technology.
Cape Town, South Africa, has opened an online portal to simplify the authorization process for solar and reduce approval waiting times.
UK-based Konexa has finalized a deal that will see Climate Fund Managers and Microsoft’s Climate Innovation Fund invest $18 million to establish Nigeria’s inaugural private renewable trading platform and provide renewable energy to Nigeria Breweries.
While lithium ion battery prices are falling again, interest in sodium ion (Na-ion) energy storage has not waned. With a global ramp-up of cell manufacturing capacity under way, it remains unclear whether this promising technology can tip the scales on supply and demand. Marija Maisch reports.
Employees of G-Store, an Australian solar installation business, have lost their jobs and customers and suppliers are owed millions of dollars now that the company has been placed in the hands of administrators.
About 16.6 GW of solar projects have won $3.58/kW per month in the New England Independent System Operator’s (ISO-NE) 2027-28 capacity auction.
Huaneng Group has selected eight manufacturers – JA Solar, JinkoSolar, Huayao PV, LONGi, Tongwei, GCL SI, Risen, and Huasun – for its latest PV module procurement exercise.
Solar module prices could slightly increase as European warehouses reduce their panel stockpiles, says Leen van Bellen, business development manager Europe for Search4Solar, a Dutch purchasing platform for solar products. He tells pv magazine that TOPCon modules will soon overtake traditional PERC products in Europe.
Lingda Group says it is dropping plans to invest in a 20 GW solar cell factory due to poor macroeconomic conditions, challenges in the PV industry, financing constraints, and other external factors.
NatPower UK says it will bring over 60 GWh of battery storage online in the UK by 2040. It has already set aside GBP 600 million ($769.8 million) for the development of substations and says large-scale solar and wind projects will be announced later this year.