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Longi claims 22.38% efficiency world record for PERC mono panel

The Chinese manufacturer said the result was confirmed by Germany’s TÜV Rheinland. The achievement beats the company’s previous record of 21.65%, set last month.

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Pinnacle and China’s Phylion launch lithium-ion battery assembly unit in Maharashtra

Madhya Pradesh based Pinnacle Industries–a commercial vehicle components manufacturer–plans to roll out electric vehicle battery packs with Phylion cells and semi-knocked-down kits.

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Clean energy investment in developing nations slumps as financing in China slows: BNEF

Clean energy investment across 104 emerging markets fell sharply by $36 billion in year 2018 from the previous year, even as their coal burn surged approximately 500 terawatt hours to a record high of 6.9 thousand terawatt-hours. Though the decline in clean energy investments was driven largely by China, inflows to India and Brazil also slipped by $2.4 billion and $2.7 billion, respectively. India, however, emerged as the market with greatest renewables potential.

MG Motor mulling EV battery assembly plant in India

The British carmaker, which is launching its electric SUV early next month in India, plans to set up a battery assembly plant in two years for its electric car models.

Distributed storage market to grow nearly twentyfold by 2028

Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions, including India, for now.

Lithium batteries – 12 lakh tons ready for recycling by 2030

The recycling market will experience a tenfold expansion between last year and 2030, driven by EV battery usage and portable electronics. Retrieving valuable metals and minerals is becoming a high priority and several dozen companies are already in position for the first big wave of end-of-life batteries.

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Global bill for replacement inverters and other solar maintenance could hit $9.4bn by 2024

This year will see strong growth for the global PV market, to 114 GW, and that pattern will continue in the years ahead, according to analyst Wood Mackenzie. A report has highlighted soaring inverter replacement costs for PV project owners as a side-effect of the solar success story.

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Hanergy touts solar powered car that can run 30 days without charging

The Chinese thin-film manufacturer and compatriot carmaker Joylong Automobile applied thin film cells to the roof of a small commercial vehicle which was tested for a month. Hanergy says its K-Car could offer an effective daily range of 50-100km without charging.

Aligning infrastructure to accelerate Asia’s energy transition – Black & Veatch interview

Integrated power infrastructure offers an emerging investment opportunity in Asia as the region expands and adapts its energy mix to address sustainability and resilience goals. Narsingh Chaudhary and Mitesh Patel, of engineering, procurement and construction business Black & Veatch, tell pv magazine more.

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Eric Luo: China will see just 20-25 GW of solar per year through 2025

The GCL System chief executive made comments that fly in the face of an expected solar gold rush in China that analysts predict will start this month. Though rising overseas demand will address overcapacity fears, according to Luo, the soundbite is sure to chill PV boardrooms across the world’s biggest solar market.

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