China’s clean tech dominance threatens global market stability
The influx of affordable Chinese green products is pressuring local industries in major economies, particularly the U.S. and Europe, driving down prices and potentially stifling domestic innovation due to competitive disadvantages.
Tata Power reports record profit of INR 4,280 crore for FY 2024
Tata Power has recorded INR 61,542 crore of revenue and INR 4,280 crore net profit for the fiscal year ended March 31, 2024.
Longi announces 27.30% efficiency for heterojunction back contact solar cell
The Chinese module manufacturer said the new efficiency record was confirmed by Germany’s Institute for Solar Energy Research (ISFH).
Korean researchers build vertical solar panels with low reflection losses
The modules are equipped with Maxeon solar cells and a microprism sheet that reportedly upholds a transmittance exceeding 99%. The microprism array is imprinted onto a PET sheet using the roll-to- roll embossing technique.
Global solar manufacturing sector now at 50% utilization rate, says IEA
The International Energy Agency (IEA) says that global solar cell and module manufacturing capacity grew by around 550 GW in 2023. It reports that around 80% of the global PV manufacturing industry is currently concentrated in China, while India and the United States each hold a 5% share. Europe accounts for a mere 1%.
Italy’s EU-made PV incentives raise specter of Chinese opposition
A World Trade Organization (WTO) official and several Italian lawyers recently spoke with pv magazine Italy about the timing of a potential Chinese legal challenge against Italy’s new solar measures, which exclusively provide incentives for high-performance PV modules produced in the European Union.
Sinovoltaics updates financial stability ranking of PV module manufacturers
The latest Sinovoltaics financial stability report ranking lists Tainergy, Eterbright, First Solar, Era Solar, and TSEC as the top five module makers. There was a slight reshuffling in the top ten, and seven new manufacturers were added to the ranking.
NREL interactive chart of solar cell efficiency now including ‘hybrid tandems’
The new cell category includes perovskite/silicon, perovskite/CIGS, III-V/silicon and perovskite/organic tandem PV devices. It will list the absolute record efficiency for all-perovskite, two-terminal tandems regardless of the number of junctions.
Accelerated declines in solar cell prices since late March
In a new weekly update for pv magazine, OPIS, a Dow Jones company, offers bite-sized analysis on solar PV module supply and price trends.
New metallization tech for HJT solar cells minimizes silver use, increases efficiency
German research institute Fraunhofer ISE has unveiled a new metallization process for heterojunction solar cells that reportedly increases power conversion efficiencies by over 0.1% while reducing silver consumption. A device built with the new technique achieved an efficiency of 23.2%.
