More than 300 entries from across 36 countries were received for the pv magazine Awards 2024, making this year’s program the most competitive yet. From modules and inverters to projects and storage, innovation was on display across the board.
Longi Green Energy says it obtained regulatory approval for a 1.05 GW wind-solar-hydrogen project in Inner Mongolia, while Jolywood Technology says it has delayed its 7.2 GW residential solar project due to adverse market conditions.
The Chinese PV industry has benefited from the availability of substantial finance over the past two decades, supporting the development of the renewable, zero-carbon capability essential for meeting the goals of the Paris climate agreement. Easy access to finance has led to unsustainably low prices and unnecessary losses, however, impacting China’s ability to sustain support for renewable energy systems. As the nation expands clean power installations and enhances grid-balancing capacity, maintaining consistent financial support has become more challenging.
China’s solar industry rebounded in 2023 after years of pandemic-related sluggishness. As the year draws to a close, pv magazine looks back at key highlights of 2023 and considers the prospects for 2024.
GCL Technology Holdings Limited reported strong revenue for the first half of 2023, while JA Solar says it will invest CNY 2.72 billion ($374.8 million) in 5 GW of N-type solar cell capacity in Vietnam.
From zero to hero in 20 years, China’s PV industry has undergone an extraordinary journey. Vincent Shaw considers the reasons for the nation’s solar success and the challenges ahead.
Manufacturers Longi and Zhonghuan Semiconductor have both raised the price of their 182mm wafers while holding the cost of their other products as rival Shuangliang Eco-energy signed deals for more wafer production equipment.
Three more PV manufacturers are jostling to announce plans to invest in an expansion of production capacities as the industry appears to make light of coronavirus fears.
Guangdong Aiko Solar Energy Technology’s mono-Si bifacial PERC production capacity has reached 4 GW per year, following a series of phased upgrades throughout the second half of 2017 at two of its production facilities in China.
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