BYD and Fronius have started offering the BYD Battery-Box Premium storage system and Fronius Symo GEN24 Plus inverter as a bundle. They said the combined solution can be used in residential PV arrays and light commercial systems.
Polysilicon maker GCL-Poly has started construction of a factory with an annual production capacity of 54,000 MT as Chinese inverter manufacturer Goodwe launched an IPO on the Shanghai stock market.
Plus, equipment manufacturer Shangji Automation is set to enter the silicon ingot making game with plans for an 8 GW fab, while state-owned developer Panda Green says it plans to add 500 MW of annual project capacity over the next three years.
Analysts appear divided on the effects the public health crisis will have on the EV market even as sales of petrol-engined SUVs soar in China. And Portugal is plowing on with its Covid-delayed national solar tender, an exercise which may help establish whether clean energy thinktank Ieefa is right to predict PV prices will continue to fall.
Risen Solar has unveiled plans for a 15 GW cell and module fab in Yiwu City, Zhejiang province and China South Glass is fundraising for a PV glass factory in Anhui province. Such growth, however, may be slowed by the introduction of new standards by the government.
The market last month saw a sharp rebound in the sales of traditional, internal combustion engine vehicles as Covid-19 restrictions continued to ease. Analysts have predicted a similar rebound in Europe as the continent emerges from the public health crisis.
According to new numbers released by the China Energy Storage Alliance, the country’s storage capacity topped 32.4 GW at the end of last year. The association said the storage market is expected to continue to grow steadily in the years ahead.
The unfolding effects of the Covid-19 crisis, and fears of a possible second wave, have split analysts trying to guess how the unsubsidized renewables market will emerge as slumping demand continued to distort power markets. pv magazine rounds up the week’s coronavirus developments.
EuPD Research estimates around 65,000 energy storage systems linked to rooftop PV were installed last year thanks to increasingly popular solar arrays and electric vehicles as well as rising electricity prices.
During an online launch event, a Blade Battery pack was pierced with a nail without becoming unstable or experiencing dangerous high temperatures. The company says the device will be safer during car accidents.
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