Projects not encompassed by the new, central-subsidy-free, ‘grid-parity’ regime will be eligible to bid for a government subsidy. But, at a reported $446 million, the pot is not big.
Elon Musk’s company is seeing tremendous success with its EVs and global manufacturing, and dramatically scaling its energy storage deployment, but the Solar Roof is still not being widely deployed.
The Chinese module maker said the result was certified by the Photovoltaic and Wind Power Systems Quality Test Center at the Chinese Academy of Sciences. The record, Jinko said, is thanks to its high quality n-type wafers, selective doping technology and advanced fine-line printing.
The world’s biggest solar market reached a cumulative installed PV capacity of 174.63 GW at the end of last year.
Last week, Chinese manufacturers Risen Energy and LONGi both announced conversion efficiency records for PERC cells as the twin quest to drive down costs and increase energy output shows no sign of abating.
The Taiwanese market research company has published its latest price trend data for PV modules, cells, wafers and silicon. Across the value chain, rising demand is causing stockpiles to dwindle and utilization rates to rise. Prices are rising in China as well as for high-efficiency products. Module prices have stabilized.
The EV and battery maker wants to start production of its Model 3 for the Chinese market by the end of the year. Next year, according to high-profile CEO Elon Musk, mass production of electric cars will start there, and this is expected to include their batteries as well.
The Chinese manufacturer saw its shipments increase 24.4% year-on-year, to around 3 GW of modules in the latest quarter, with overseas shipped products accounting for approximately 80% of sales. The outlook for full fiscal 2018 was maintained almost unchanged, while new positive changes from policy side in China are confirmed.
Around 34.5 GW of PV was installed in China in the first three quarters – 1.5 GW more than expected by IHS analysts, who have raised their full-year guidance.
Last December, the company’s CEO made a proposed transaction offer to acquire Canadian Solar. Mulling the offer, a special committee has now advised the company’s board to cease its review of the proposal, highlighting that it could not find sufficient certainty in the CEO’s ability to secure the funding for the transaction. Following the news today the CEO has withdrawn his offer.
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