Asia

The power company has launched three procurement auctions for a total of 2.9 GW of power generation capacity. Renewable energy companies are among the bidders to have expressed interest in providing electricity.

With a combination of scale, a growing population, outstanding irradiation, and available capital, solar PV should be a ‘no brainer’ for the Kingdom of Saudi Arabia. But early explorations of the technology have soured expectations, and progress has come in fits and starts.

Leading PV manufacturing equipment supplier Meyer Burger Technology is seeking a new business model with integrated PV module manufacturer, REC Group to establish revenue share from establishing multiple gigawatts of heterojunction (HJT) solar cell and module production in Singapore.

Solar could be rolled out on buildings across all of China’s major urban centres at competitive prices without the need for subsidies, according to a new study published on Nature Energy.

The Rural Areas Electricity Company wants to build hybrid plants in 11 non-interconnected areas of the sultanate. The projects will have a total of 48 MW of solar power generation capacity and 70 MW of diesel and the storage component will have total installed power of 28 MW and a storage capacity of 14 MWh.

Michael van der Gugten, Sales and Marketing Executive at Smit Thermal Solutions, is convinced that perovskite solar cells have reached maturity, and that they are ready to make the step from the lab to production. He is leading the organization of a conference on this topic and expects that the perovskite community, production equipment suppliers and crystalline silicon cell manufacturers will discuss the implementation of perovskite-silicon tandem cells or the production of standalone perovskite modules.

Electricity produced from commercial and industrial solar energy systems is now cheaper in Chinese cities than that supplied by the national grid.

Chinese thin film producer Hanergy has set a new record of 24.85% module efficiency for silicon heterojunction technology. The record was achieved at the company’s research & development center in Chengdu, China, and has been confirmed by the Institute for Solar Energy Research in Hamelin, Germany.

The Israeli inverter manufacturer saw its net profit decline 4% year-on-year to $33.1 million in the second quarter, despite shipping 1.3 GW and seeing a 43% increase in turnover. Gross margins were affected by the increase in U.S. tariffs on China made products.

Hyundai has released a version of its Sonata hybrid that has solar panels to help charge its battery.

A consortium led by Jinko Power and Korea Electric Power Corp., as well as another group led by Japanese conglomerate Marubeni and French energy group Total, have submitted bids for Qatar’s 700 MW solar tender. The final results will be announced in September.

A consortium led by Metito Utilities, JinkoSolar and Al Jomaih Energy and Water has won a tender to build a 45-55 MW grid-tied solar plant with a bid of $0.0749/kWh — the lowest ever seen in Bangladesh.

First Solar reported a bumper quarter during Q2 by most metrics. The company’s net sales of $585 million were nearly double the previous year, on shipments 1.4 GW of product – the most in its history. Additionally, First Solar booked more than 2.1 GW of orders in July alone, a very positive start to Q3.

Major China-based polysilicon producer, Xinte Energy has signalled a significant decline in expected profits for the first half of 2019, due to polysilicon ASPs declining 43% from the prior year period.

French floating PV specialist Ciel&Terre is teaming up with SCG, an Asian petrochemical company, to develop floating solar plants at hydroelectric dams in Thailand.