China

For the seventh year in the row, China-based Contemporary Amperex Technology Co. (CATL) looks set to claim the title of the world’s biggest battery maker. There are a number of reasons why it continues to maintain its lead in the electric vehicle (EV) and battery energy storage system (BESS) markets.

Wood Mackenzie says in a new report that China could install 230 GW of PV and wind capacity and export more than 200 GW of solar panels in 2023. Unlike Europe and United States, the country is avoiding the high curtailment of PV and wind.

From the International Solar Energy Society’s perspective, and the vision of a world with 100% renewable energy for everyone used wisely and efficiently, PV module production should not become an oligopoly and should not be concentrated in one corner of the world.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Plug Power has issued a warning about its 2023 financial performance due to supply challenges in North America, while Air Products says it is cementing its collaboration with Chengzhi in China.

Australian lithium explorer St George Mining’s critical minerals strategy has received a significant boost with global battery industry giant Shanghai Jayson New Energy Materials tipping a further $3 million into the Perth-based company.

A Wood Mackenzie report forecasts that China will hold more than 80% of poly, wafer, cell and module manufacturing capacity for the next three years.

Chinese module maker BYD is producing a new bifacial monocrystalline panel at its manufacturing facility in Sao Paulo, Brazil. The module has a power output of up to 355 W and a conversion efficiency of 16.33%.

The US Department of Energy’s National Renewable Energy Laboratory (NREL) has confirmed Longi’s achievement of a world record-breaking efficiency rating of 33.9% for a perovskite-silicon tandem solar cell.

Chinese solar panel manufacturer AIKO unveiled its solar cell technology at Melbourne’s All-Energy event last week ahead of an impending entry into the Australian market.