Chinese solar manufacturer Seraphim has strengthened its local distribution network in Australia on the back of a 50 MW high-efficiency solar modules supply deal with Raystech Group.
The International Energy Agency has acknowledged dramatic falls in energy investment caused by the Covid-19 crisis but said renewables, including PV, offered an attractive proposition to investors as the dust settled, given their enticing economics and short turnaround times.
The Chinese-Canadian solar manufacturer reported a 41% year-over-year increase in total module shipments to 2.2 GW in the first quarter. Revenue grew by 70% to $826 million, while net profit improved significantly from $17.2 million to $110.6 million.
Italian-headquartered module manufacturer FuturaSun has completed accrediting its module range with the Clean Energy Council.
The panel is part of the company’s new Tiger Pro series, which includes two 530 W modules and a 430 W product for distributed-generation applications. It will begin production of the series in the fourth quarter, although it will start accepting first orders immediately.
The solar manufacturer with manufacturing in Singapore has filed a claim against its Korean competitor relating to REC’s split-cell and junction box technology.
Researchers in Australia and China used intensity-modulated photoluminescence to map the series resistance of perovskite solar cells with a technique which could further understanding of the causes of instability issues in such devices.
Before Growatt won the Top Brand PV Seal award, back when “quarantine” was a foreign concept and foreign lands familiar, pv magazine took its annual China Road Trip to Shenzen to visit Growatt and learn about the company supplying solutions to 10% of Australian residential PV installs.
The Asian Development Bank says developing countries in Asia and the Pacific should consider developing their own solar industry supply chains as the Covid-19 pandemic has exposed their over-reliance on China to carry through the energy transition.
While the full extent of the impact of the Covid-19 pandemics on the renewable energy market is yet to reveal itself, Norwegian consultancy Rystad Energy predicts new solar and wind projects will grind to a halt this year and experience a ripple effect in the years beyond as currencies across the globe continue to fall against the US dollar.
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