Category Archives: News

LONGi Lands Order for 1.31 Billion Mono-Si Wafers

published: 2019-07-19 14:42 | editor | category: News
LONGi on July 16 announced that it has inked contracts with the Vietnamese PV Cell manufacturer Vina Solar for the supply of 1.31 billion mono-si wafers. The deal, which is valued at US$540 million, is equivalent to 17% of the company's entire 2018 sales, according to the company. ...  more

ABB Exits PV Inverter Market

published: 2019-07-19 10:57 | editor | category: News
ABB, a major Swiss electromechanical firm, has decided to withdraw from the PV inverter market, selling its PV inverter division to FIMER SpA, an Italian PV inverter firm and paying the latter US$470 million to cover the red ink of the division. ...  more

Reuters: LG Chem Plans to Build a New US$1.7 Billion EV Battery Plant in the US

published: 2019-07-18 10:25 | editor | category: News
LG Chem, South Korea’s major manufacturer of powertrain batteries for electric vehicles (EVs), is contemplating on investing a second battery production plant in the US so as to meet the increasing demand from American car makers, according to an exclusive report from Reuters on July 11. Sources with knowledge on this matter told Reuters that LG is planning to commit as much as US$1.7 billion into this project, and that the new plant could be up and running as early as 2022. ...  more

Smog over China May Have Lowered Its Solar Energy Potential by 15%

published: 2019-07-18 9:30 | editor | category: News
China has been passionately conducting its energy transition into green energy, such as solar energy. In 2018 alone, there were 43 GW PV energy devices installed. The accumulated capacity in China has also exceeded 170 GW. However, according to one study in Switzerland, China's severe air pollution might have lowered its solar power potential by 15% between 1960 and 2015. ...  more

NEDO, Sharp, and Toyota Cooperate to Test High-efficiency Solar-power Prius PHV During Late July

published: 2019-07-18 9:30 | editor | category: News
Toyota's plug-in hybrid PHV (photovoltaic hybrid vehicle) might have an upgrade. Recently, Sharp, Toyota and the New Energy and Industrial Technology Development Organization (NEDO) in Japan worked together on a new Prius PHV project. They upgraded the demo car to 34% ultra-high conversion efficiency PV panels. They plan for the demo car to go on public road trials by late July. ...  more