World

JinkoSolar shipped 11.4 GW of modules in 2018

Chinese module manufacturing giant JinkoSolar today published its financial results for the full year 2018. While the company achieved an impressive 16% growth in shipments over the previous year, its total revenue took a 5.4% hit compared to 2017, thanks to falling module prices throughout the year.

Canadian Solar’s PV module shipments surpass 6.6 GW in 2018

Canadian Solar recorded net income of $237.1 million in 2018, from $99.6 million a year earlier, on annual PV module shipments of 6.62 GW.

Rise of bifacial lifts profits for the world’s tracker companies

Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.

Australia makes major contribution to global big PV uptake

The latest statistics highlights Australia’s contribution to the global utility-scale solar PV installation figures.

The blockchain club

Open-source blockchain platform Energy Web Foundation has revealed the number of its affiliates has risen from 37 last month to 100. New members include EnBW, Total and the State Grid Corporation of China. The platform was conceived to create an energy-blockchain ecosystem and to accelerate the energy transition.

Global battery storage pipeline reaches 15 GW

As data drifts in, 2018 is shaping up to have been a record-breaking year for battery energy storage, writes IHS Markit senior analyst Julian Jansen. Especially for front-of-the-meter projects, which experienced rapid growth. This growth was led by significant activity in South Korea, the United Kingdom, the United States, Australia, and China, which together accounted for 78% of battery energy storage projects commissioned in 2018, according to the Q4 2018 edition of the IHS Markit “Energy Storage Company and Project Database.”

Global solar demand reached 104 GW in 2018

According to new figures released by SolarPower Europe, last year saw 1.4 GW more new solar generation capacity than trade body had expected. Lower demand in China was compensated for by stronger developments in emerging markets.

If bifacial panels can compete on price the (backsheet) choice is clear

Jinko Solar has launched a new bifacial solar module, with a clear backsheet manufactured by DuPont, to compete with standard glass-on-glass bifacial products, as well to create markets where bifacial might not have previously fit.

Enphase is making money again

The California-based microinverter maker posted $92 million in revenue in the final quarter of last year, and more than $106 million in cash as the company reported its first positive quarterly and annual operating income figures in years. Enphase is booked out for all of this quarter and seemingly into the late spring months too.

Schneider Electric pulls out of utility-scale PV business

The French power electronics specialist is pulling out of the utility-scale segment to strengthen its profile in the residential and C&I space.

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