China Mono Grade, OPIS’ assessment for polysilicon price in the country, increased for a fifth week running, edging up 0.95% to CNY69.29 ($9.58)/kg. China’s polysilicon notches up toward the psychologically significant figure of CNY70/kg in a week that saw higher price quotes and lower-than-expected polysilicon output. The main reason for lower output is the expected …
The top 10 global solar inverter vendors accounted for 86% of the market in 2022, up 4% year on year from 2021, according to a new study by Wood Mackenzie. The market grew 48% year over year, due to easing supply chain challenges and strong government support, as seen in the United States with the …
Top 5 solar inverter suppliers accounted for 71% of shipments in 2022 Read More »
The South African National Treasury has launched the Energy Bounce Back (EBB) Loan Guarantee Scheme. The initiative aims to support the deployment of commercial and industrial PV systems. Businesses will be granted solar-related loans, backed by a 20% first-loss guarantee from the South African Reserve Bank. “The EBB aims to generate 1,000 MW in additional …
South Africa launches loan guarantee scheme to back C&I solar Read More »
French Prime Minister Élisabeth Borne has presented a new plan to the National Council for Ecological Transition (CNTE), outlining revised renewable energy and solar deployment targets for 2030. The plan includes an increase in the energy transition budget from €30 billion ($32.8 billion) to €37 billion. The updated targets specified in the plan aim for …
France aims for 48.1 GW of solar by 2030, 140 GW by 2050 Read More »
The topic about cleaning solar panels is a sensitive one among solar panel owners. Some say it is absolutely necessary, while others claim that rainwater is enough to wash away any dirt the panels may have. The most correct answer lies somewhere in the middle. Rainwater will wash away some contamination that builds up on …
“Since our entry into the residential storage inverters market in 2015, Growatt has established distinctive strengths and advantages in this sector, offering hybrid inverters with powerful functionalities, ultimate safety, high yields, and user-friendly operation. Now, families and businesses across the globe have achieved higher solar consumption and greater energy independence,” said Lisa Zhang, Vice President …
Growatt ranks among the top 4 global storage hybrid inverter suppliers Read More »
JinkoSolar has announced its financial outlook for the first half of 2023. The module maker said it expects a net profit of about CNY 3.66 billion ($509.6 million). It says it shipped more than 30 GW PV modules in the first half. It also signed more than 10 GW n-type of TOPCon supply contracts with unspecified …
Chinese PV Industry Brief: JinkoSolar’s H1 panel shipments hit 30 GW Read More »
China-based GoodWe has expanded its C&I energy storage solutions portfolio with two new additions: the ETC 100 kW hybrid inverter and the BTC 100 kW retrofit battery inverter. They can both be coupled with GoodWe high-voltage battery system, Lynx C (101 kWh to 156 kWh). For the three-phase ETC 100 kW model, the maximum PV power input …
GoodWe unveils new inverters for C&I applications Read More »
The China Photovoltaic Industry Association (CPIA) has announced that PV product exports from China – including silicon wafers, cells, and modules – generated $19.35 billion in turnover from January to April 2023, marking an 18.9% year-on-year increase. Silicon wafer exports rose by 61.3% year on year to 16.9 GW, cell exports increased by 84.8% year on year …
Chinese PV Industry Brief: January-April module exports reached 69.8 GW Read More »
The Global Polysilicon Marker (GPM), the OPIS benchmark assessment for polysilicon outside China, held steady this week at $30 per kg, with the market seeing limited transactions and fewer price quotes, according to OPIS Solar. Ex-China polysilicon prices remained the same for a second week running, with most players offering no new price points during …
