LongiTech to raise $36.5 million in share placement
LongiTech Smart Energy aims to generate aggregate net proceeds of HK$285 million ($36.46 million) via a new share placement in Hong Kong.
LONGi Solar hits 22.43% PERC cell conversion efficiency
Monocrystalline PV manufacturer LONGi Solar has reached record 22.43% conversion efficiency on a PERC cell based on mass production technology. The result is confirmed in a report from China’s National Center of Supervision and Inspection in Solar PV Product Quality (CPVT).
LongiTech posts $7 million profit in H1
LongiTech Smart Energy Holding has recorded a profit attributable to the owners of the company of CNY 45.76 million ($7 million) for the first half of 2017, up 8.5% year on year, as it rapidly expanded its core PV development and smart-energy management businesses.
Kong Sun posts $9.8 million profit in H1
Kong Sun has recorded a profit of CNY 63.7 million ($9.75 million) in the first half of 2017, from a loss of CNY 124.4 million a year earlier, as it connected roughly 210 MW of new solar capacity to the Chinese grid.
LONGi Solar posts $191.2 million profit in H1
LONGi Solar Technology has recorded a net profit of CNY 1.236 billion ($191.2 million) for the first half of 2017, up 43.6% year on year.
Jinko reports further growth
In the second quarter of 2017, the Chinese PV manufacturer shipped around 3 GW of solar modules. However, sales and earnings were not as high as shipments, due to lower selling prices. For the second half of the year, Jinko Solar is forecasting stable module prices and increased profitability.
Korean Peninsula tensions having little impact on solar relations with China, says analyst
Despite reports suggesting China’s anger at South Korea’s deployment of anti-missile defense systems has aggravated a slump in Korean solar imports, analysis of import data shows this not to be the case.
Solar heavyweights Heraeus and JinkoSolar team on PV Super Cell partnership
The agreement between the German metallization solutions company and the leading Chinese Tier-1 solar manufacturer will see the two companies jointly develop ‘Super PV Cells’ in what is the third such strategic partnership between them.
Bondholder files lawsuit against Yingli’s subsidiary
The Chinese solar manufacturer has been trying to find an agreement with its bond holders for more than two years.
International research team uses algorithm to reduce negative impact of inertia emulation of PV in micro-grids
The computer-based algorithm seeks to make the micro-grid work like a large power grid with inertia, thus improving its stability and reliability.
