China

The Chinese government is launching an investigation to determine whether the European Union is blocking Chinese solar investments.

Chinese manufacturer Deye says its new three-phase residential hybrid inverter system has a rated output power ranging from 14 kW to 20 kW.

Longi says it expects a net loss of CNY 4.8 billion ($660.2 million) for the first half of 2024, while Tongwei is bracing for a CNY 3 billion loss. Aiko Solar and TCL Zhonghuan, meanwhile, are predicting losses of CNY 2.9 billion and CNY 1.4 billion, respectively.

The new provisions are intended to reduce overcapacity in the market while selecting the most efficient technologies and products.

Anker has developed a new all-in-one home storage solution with up to 30 kWh of capacity, available in single-phase and three-phase configurations.

GoodWe has developed new double-glass tunnel oxide passivated contact (TOPCon) bifacial solar modules for its Polaris series, available in 530 W and 580 W variants.

Ron Shen, vice president of power electronics manufacturer GoodWe, recently spoke to pv magazine at The smarter E Europe event in Munich, Germany, about the company’s position in the European market and its focus on the fast-growing commercial and industrial (C&I) storage segment.

JA Solar says it has incurred a $110 million net loss for the first half of 2024, due to rising competition in the solar market, continual price declines, lower gross profit from core operations, and significant provisions for inventory depreciation.

Developed by researchers in China, the inverted perovskite device purportedly achieves the smallest nonradiative recombination-induced open-circuit voltage loss reported to date. It uses a synergistic bimolecular interlayer to functionalize the perovskite interface.

Wood Mackenzie says that solar will account for 59% of new renewables between 2024 and 2033. China is expected to drive the growth, accounting for half of new solar deployment over the projected time period.