With comparisons with a Covid-hit 2020 inevitably offering a string of positive numbers, there was also little to concern the board of the inverter and battery manufacturer from the returns generated in the last quarter.
Hoshine will invest $2.75 billion in the new polysilicon factory. Elsewhere, Irico New Energy today announced a strategic co-operation agreement with PV manufacturer Jinko Solar that will see it prioritize supply of solar panel glass.
The European Commission wants to introduce legislation to back semiconductor research and to address the immediate problem of supply chain bottlenecks by drumming up more than €43 billion, with member states and the private sector expected to contribute.
The Chinese inverter manufacturer said the new device can be used for residential and commercial projects as well as to replace diesel power generators or as back-up power. The device features an efficiency of 97.5% and a European efficiency of 98%.
According to Shen Rong, Vice President of GoodWe, the global PV market could see new installations exceeding 240GW in 2022 on the back of easing supply chain issues. In an interview with pv magazine he lays out the current challenges and opportunities this year’s solar market is likely to see, as well as discussing the PV inverter manufacturers R&D and manufacturing plans.
The Italian inverter maker claims to have been impacted by the post-pandemic supply constraints. The proceedings are being managed in full business continuity without any interruption of operational activity, said the legal firm hired by Fimer to implement a debt restructuring process.
In 2002, the Fraunhofer ISE patented the HERIC circuit for highly efficient inverters. Since then, the institute says, it has recorded out-of-court settlements in seven patent infringement lawsuits against companies from China, Taiwan and Germany.
Queensland company eleXsys Energy has secured more than AUD450,000 to help finance a trial of next-generation technology designed to manage grid stability in low voltage areas, potentially allowing for an increase in the amount of distributed energy resources, including rooftop solar, that can be connected to the grid.
Researchers from German research institutes and companies are working on applying semiconductors based on gallium nitride (GaN) to string inverters with the aim of enabling cost and weight reduction while maintaining very high efficiency. These devices are expected to support grid operations through faster switching processes.
Toronto-based developer Amp Energy has had the green light to install two 400MW batteries in central Scotland which have been touted as the largest grid-connected battery storage facilities in Europe. The projects will deploy grid-forming inverters and be coupled with two synchronous condensers.
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