Asia

The Chinese-Canadian manufacturer reported a 1% decrease in sales in the third quarter, with net profit falling 19%, to US$55.2 million. Quarterly shipments were up significantly year on year, from 1.59 GW in July-to-September last year to 2,387 MW this time around. The company expects to ship up to 8.5 GW of panels and achieve turnover of up to US$3.16 billion this year.

The Indian power corporation is deploying more capacity at a gigantic 5-gigawatt Gujarat solar farm.

The latest study published by the International Renewable Energy Agency says the average solar electricity cost of $0.085/kWh produced by projects commissioned last year is set to fall to $0.048 next year, and $0.02-0.08 by 2030.

EPC points out operational launch of PV assets located in Chile and in India as Q1-Q3 2019 revenues almost double compared to last year, however net profit decreased by more than a half.

Research team from a few German institutes, together with South-China-based University of Technology, breaks a conversion efficiency record for organic photovoltaic modules. The 26 sq cm module consisting of 12 cells shows 12.6 per cent efficiency. The achievement is registered by Fraunhofer ISE.

State energy minister Nilesh Cabral says householders will be offered the chance to reduce energy bills without any upfront cost by leasing roofspace to installers as part of plans to add 15 MW of solar capacity in Goa by March.

United States-based solar energy corporation SunPower is spinning off the majority of its manufacture into a separate company, Maxeon Solar. The latter is going to include Tianjin Zhonghuan Semiconductor, the Chinese silicon wafer supplier, as an investor.

The energy company insists it has the biggest battery network managed by VPP in the world.

Parent company FlixMobility plans to test hydrogen fuel cell vehicles in Europe.

Next year, NASA is planning to forward a Ben-Gurion-created photovoltaic prototype to International Space Station, which is supposed to become a huge move toward nongovernmental individual space operations, as was stated in Tazpit Press Service.

Japan is deploying a 300b ($2.75b) yen venture to turn disaster-stricken Fukushima to a green-energy farm, with the project’s first solar plant scheduled to be launched in January 2020.

The solar supplier keeps speeding up production capacity expansion and expects 10 gigawatts of mono wafers production within the framework of Sichuan project annually starting with Q2 of the next year.

TES has published the press statement on the new recycling factories, which are promised to become top in e-waste recycling. As well the recycler is planning to give second life to spent EVB for commercial and residential use.

Asian Development Bank allocates a grant for the country in South Pacific to help it reach its goal to become fully renewable in 2025.

A new huge solar project is under development in Uzbekistan. The country has invited the foreign supplier to install the system in the southwestern part of Tashkent.