China has reduced the export tax rebate for solar products, lowering refunded taxes for Chinese PV exporters and eating into their profit margins. The move might force some companies to increase export prices to mitigate potential financial losses.
CHN Energy has connected the 3 GW Mengxi Lanhai solar facility to the grid after 14 months of construction. The project in Ordos, Inner Mongolia, required a total investment of approximately CNY 12 billion ($1.6 billion).
PV InfoLink says that Chinese solar demand will reach between 240 GW and 260 GW this year, while European demand will hit 77 GW to 85 GW.
The energy density of the newly developed lithium-sulfur prototype far exceeds the one of common lithium -ion batteries.
China’s Longi Green Energy has set a new world record for crystalline silicon solar module efficiency with its independently developed hybrid passivated back contact (HPBC) 2.0 module, achieving a conversion efficiency of 25.4%, according to a certification report from Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE).
The Chinese PV manufacturer said its new module series has a power conversion efficiency of up to 24.8% and temperature coefficient is -0.26% per C.
China’s Huawei has built a 400 MW/1.3 GWh solar-plus-storage off-grid facility in Red Sea New City, Saudi Arabia.
In a paper published in nature, the Chinese module maker explained that the 33.9%-efficient tandem device it unveiled in December 2023 is based on a bilayer intertwined passivation strategy that combines efficient electron extraction with further suppression of nonradiative recombination. It also revealed that its two-terminal tandem prototype devices achieved an efficiency of 34.6%.
The China-based solar manufacturer and Oman’s renewable investment entity Bakarat Investment have agreed to jointly establish a 10 GW solar module factory in the country with an investment of around $200 million.
China Three Gorges has announced plans to build a 16 GW renewables cluster in China’s Inner Mongolia region, including 8 GW of solar, 4 GW of wind, a 200 MW solar thermal system, a 4 GW coal plant, and a 500 MWh energy storage system.
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