After a Covid-19-stunted Q2, the company reported improved revenues for a second straight quarter, and closed 2020 with revenues north of $770 million.
According to a recent report from Brazilian consultancy Greener, the country imported 4.76 GW last year. Domestic PV module makers had a 3.8% market share with around 190 MW in shipped modules. The analyst also revealed that prices for distributed generation PV systems rose by 20% in 2020.
Zhonghuan and Longi raised the prices of their wafers before the Chinese New Year holiday. Longi also secured more polysilicon and glass through two different orders, with OCI Group and Flat Glass, respectively.
Enphase expanded its inverter market share in 2020, according to permit and interconnection data across several parts of the United States.
Wuxi Autowell has begun construction on its 50 GW wafer factory in Guangdong province and Longi and Wuxi Shangji Automation have announced new supply deals. GCL-Poly has announced it will raise the production capacity of its factory in Jiangsu from 6,000 to 10,000 metric tons – despite the company suffering a cross-default at the weekend.
Module maker Risen has agreed to buy 34 GW of solar glass from Flat Glass Group (FGG). Both Trina and Goodwee announced strong profit growth for 2020.
The Italian inverter maker said the two devices were designed to deal with increasing PV module currents. The inverters have a power output ranging from 10 to 33 kW and are claimed to reach an input voltage of 1100 V (DC).
Furthermore, Risen predicts its solar module shipments will reach 15 GW this year and Sze Tan Hung has increased her stake in solar cell and panel maker Solargiga.
Developed by scientists from German research institute Fraunhofer ISE, the silicon-carbide device claims 98.4% efficiency and could be used in utility-scale photovoltaic projects.
In many respects, the past year has been unlike any other. But the innovation and ambition driving the expansion of the solar and energy storage industries is one constant that has remained, Across seven categories, pv magazine’s award winners for 2020 demonstrate high levels of technical expertise, creativity, mass production capabilities, and real market impact from PV and power electronics companies big and small. Following on from the virtual award ceremony held this morning, the winners are….
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