LONGi reported a net loss of 1.261 billion CNY (€170 million) in Q3 of this year. To return to profitability, the Chinese manufacturer is increasingly relying on high efficiency PV modules with back contact technology.
Trinasolar has been awarded the bankability certificate for its Vertex n-type TOPCon bifacial PV modules by TÜV Rheinland, an independent third-party agency for testing, inspection and certification.
The European PV market in October 2024 saw a mixture of stability and seasonally driven changes. Overall, there was a downward trend in solar component prices across most categories. The PV Purchasing Managers’ Index (PMI) edged down to 68, returning to its August level, signaling that demand remains resilient, but the season is drawing to a close.
The Rheinhessen-based module manufacturer Bauer Solar has received official approval for overhead glazing from the German Institute for Building Technology (DIBt). The DIBt approval covers the new Protect modules from the glass-glass series with the designation BS-XXX-XXXMXHBT-GGP.
Poland based distributor Menlo Electric announces its strategic partnership with solar module manufacturer Astronergy. This collaboration aims to strengthen Menlo Electric's product portfolio, delivering high-quality, innovative solar solutions to meet the rising demand in the market.
FuturaSun’s FENICE project, aimed at building a high-efficiency photovoltaic module plant in Italy, has passed the selection process by CINEA, securing a grant from the Innovation Fund—one of the European Commission’s key initiatives to drive technological innovation and the green transition.
The market for second-life solar modules is growing rapidly: in addition to use in smaller stand-alone systems and as balcony power plants, entire solar parks can also be equipped with used modules. After all, 70 per cent of old modules are immediately usable.
Manufacturers of high-efficiency modules with TopCon and back-contact technology communicate different test results to prove the efficiency advantages of their technology. Trina Solar now points to generation gains of TopCon PV modules.
Huasun's G12-132 HJT solar module has reached a new milestone with a power output of 769 watts and 24.75% efficiency, driving innovation in photovoltaic technology.
Finca La Calabaza, a leading organic farm in Fuerteventura, Spain, took a significant step toward sustainability with the installation of AIKO’s N-Type ABC solar modules. The project, titled Sustainable Organic Farm, was implemented by Canarias Autosostenible.
Trina Solar has delivered 140 MW of its Vertex dual-glass bifacial modules to Karavasta Solar in Albania on behalf of Voltalia. The project will be the largest of its kind in the Western Balkans.
Solitek’s latest Solrif module in the Solid series is pushing solar roofing forwards with its design and efficiency. Is this the future of sustainable energy?
The European PV market showed renewed vigor in September, as the PV Purchasing Managers’ Index (PMI) saw a notable uptick to 71, up from 68 in August. This indicates a clear resurgence in demand despite ongoing price declines in the solar component market. Solar panel prices continued their downward trajectory across nearly all categories, with significant drops observed in both monofacial and bifacial segments.
An inlay system for solar facades, a string inverter with arc detection, a new bifacial TOPCon glass-glass solar module and a mounting system secured with just two screws. Here are our top products of the week:
Sharp Energy Solutions Europe unveils the NBJE610, a new bifacial TOPCon glass-glass solar module with 610W output, designed for large-scale rooftop and open-field installations.
LONGi has published its financial report for the first half of 2024. The integrated Chinese module manufacturer generated revenues of the equivalent of 5.03 billion euros in the period. One challenge, however, is the low PV manufacturing capacity utilization rate of less than 50 percent. Growth with the new HPBC 2.0 back-contact series is expected in 2025.
Aiko and Tibra Pacific have signed a 58 MW supply contract for the largest PV power plant in Bosnia-Herzegovina. This is the last outstanding delivery quantity for the completion of the project.
Peter Thiele, President Sharp Energy Solutions Europe, about historical milestones, the development of photovoltaic technology and future challenges and opportunities in the solar industry.
LONGi and UK based Octopus Energy closed a strategic partnership on high-efficiency photovoltaic technology with the aim to significantly boost the global renewable energy capacity.
The summer of 2024 has not led to an increase in demand for solar panels. Due to the low prices, the financial problems continue, according to Gerard Scheper, CEO of European Solar. "Consumer interest and market are actually temporarily 'on pause', but a company cannot be on pause for a year. Fortunately, the C&I market and batteries still offer some hope."
The European PV market has shown resilience in August, with the PV Purchasing Managers’ Index (PMI) holding steady at 68, reflecting consistent demand despite ongoing industry challenges and the vacation season. However, prices across all major categories, including Monofacial and Bifacial modules, continued their downward trajectory, with significant declines noted in both N-type and P-type segments.
Trinasolar reports revenues of $6 billion and profits of $74 million in half-yearly financial result in 2024 – with strong PV module sales and new manufacturing facilities outside of China.
The battle of the Chinese suppliers continues. Hopes that more powerful solar modules will achieve higher prices have not yet been fulfilled. Nevertheless, interesting new products were presented this summer.
DAS Solar supplied 2.1MW of high-efficiency N-type modules for the Xperal Zonneweide Kempenbroek PV project, which was successfully connected to the grid in the Netherlands. The project is located in Limburg Province, a province with abundant sunlight.
Photovoltaic modules based on perovskite silicon tandem solar cells have the potential to achieve higher efficiencies than today's silicon modules. A research team at Fraunhofer ISE has now produced a module with an efficiency of 25 per cent using perovskite silicon tandem solar cells from Oxford PV.