Chinese string inverter maker Ginlong has reported its best-ever quarterly revenue. The record highlights the shift in the global inverter market since Beijing’s U-turn on solar subsidies pushed Chinese companies abroad.
The mono giant has announced the latest aspect of a strategy to massively increase production capacity which is currently set to cost around $3.32 billion. Longi last week issued $710 million of new convertible bonds for investors.
Meet Afnan Hannan, CEO and co-founder of Okra Solar, an Aussie startup looking to eradicate energy poverty using solar minigrids that has already been recognised with a global sustainability award and a best IoT startup award.
The Chinese solar manufacturer today admitted it is in talks with its lenders and strategic investors about a break up of the company after its 2018 annual accounts revealed an apparently unserviceable debt pile. Any strategic investor is likely to constitute a Chinese state-backed bail-out.
Solar infrastructure developer Lyon Group has strengthened its ties in the Asian markets through a significant joint-venture with two of Asia’s largest energy generators. The agreement will see integrated battery storage systems utilised to reduce the risk of curtailment and increase the flexibility of renewable energy plants.
Fundraising activity for solar leaped in the July-to-September period to provide healthy quarterly and year-so-far comparisons on 2018.
Inverter manufacturer SolarEdge has filed three additional patent infringement lawsuits against its competitor, Huawei, in China. This comes after three similar legal actions against Huawei that had been undertaken by SolarEdge in Germany last summer. While Huawei has decided not to comment on the matter, the Chinese manufacturer revealed that it had filed three patent litigation claims against SolarEdge at a Chinese court this May.
Microquanta Semiconductor holds a 17.25% efficiency record for a relatively large-area perovskite module and wants to build a production facility with fresh capital from investors. pv magazine takes a look at the Chinese startup and some of the basic questions surrounding the technology.
The showpiece 3.6 GW Fengning county project which will offer grid services and back-up power at the 2022 Winter Olympics is part of a 31.15 GW construction pipeline of projects, many of which are set to come into service next year.
The Australian Space Agency (ASA) has joined the next generation, or rather this generation, space race, between the U.S. and China. A $150 million investment from the Morrison Government into the ASA will see Australia partner with NASA on its next sustainable exploratory missions.
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