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GCL Energy, Ant Digital raise CNY 200 million by tokenizing solar assets in China

GCL Energy Technology and Ant Digital Technologies have raised CNY 200 million ($27.4 million) by tokenizing solar assets in a bid to pioneer blockchain-based financing in renewable energy.

China’s first zero-carbon highway includes PV, paving way for sustainable transport

China’s first zero-carbon highway, the 152.7 km Jinan-Hefei Highway, has opened for traffic, featuring renewable energy systems, advanced tracking technology, and design elements aimed at cutting net carbon emissions by 9,000 tons per year.

Bharat Petroleum wins 150 MW of solar in NTPC auction with INR 2.55/kWh bid

India’s Bharat Petroleum has offer the lowest bid of INR 2.55 ($0.03)/kWh in NTPC’s new 1.2 GW solar auction, securing 150 MW of project capacity.

World’s largest compressed air energy storage project breaks ground in China

Huaneng Group has begun phase two of its Jintan Salt Cavern CAES project in China. It is set to become the world’s largest compressed air energy storage facility with groundbreaking advancements in power output and efficiency.

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Chinese PV Industry Brief: Huadian connects second phase of 1 GW project

Huadian says it has connected the second phase of its 1 GW Tengger solar project to the grid in China’s Inner Mongolia region, while First Applied Material has extended the construction timeline for its Vietnam film encapsulation project to December 2025.

Bslbatt launches low-voltage integrated battery storage system

China’s Bslbatt has unveiled its latest product: an integrated low-voltage energy storage system that combines inverters ranging from 5 kW to 15 kW with 15 kWh to 35 kWh battery storage systems.

China Huaneng secures $2.1 billion equity boost for renewables expansion  

China Huaneng Group has obtained CNY 15 billion ($2.1 billion) in equity financing for its renewable energy subsidiary, Huaneng Renewables, from five major state-owned entities. The deal, the largest renewable equity financing transaction of 2024, will reduce financial pressures for Huaneng Renewables and support its wind and solar projects.

Inverted perovskite solar cell based on self-assembled monolayer achieves 23.31% efficiency

A research team in China improved the efficiency and stability of an inverted perovskite cell using a co-assembled approach to incorporate self-assembled monolayers at the hole transport layer.

Trina Solar hits new 27.08% record for HJT solar cell

Trina Solar has achieved a world-record 27.08% efficiency rating for a new n-type fully passivated heterojunction (HJT) solar cell. The Institute for Solar Energy Research in Hamelin (ISFH) has verified the result.

SDIC Gansu commissions 750 MW CSP-PV plant in China

SDIC Gansu New Energy has commissioned the 750 MW Akesai Huidong CSP-PV plant in Jiuquan, China’s Gansu province, combining a 110 MW concentrated solar power (CSP) tower and a 640 MW solar array to form China’s largest hybrid solar facility.

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