Leading ‘Solar Module Super League’ (SMSL) member JinkoSolar has set a new record conversion efficiency of 24.90% for its N-type TOPCon monocrystalline silicon solar cell that has been independently verified by the Institute for Solar Energy Research in Hamelin (ISFH), Germany.
Meyer Burger has been pledged a total of €22.5 million in regional German government grants when the company starts ramping volume production capacity to 1.4GW for its heterojunction (HJ) solar cell and module assembly.
China-based PV backsheet and high-efficiency PV module manufacturer Jolywood (Suzhou) Sunwatt Co (Jolywood) has reported record third quarter 2020 revenue and profits, while exceeding 2019 full-year financial results in the first nine months of 2020 as it continues to execute on high-efficiency n-type TOPCon module shipments to utility-scale PV power plant projects.
Italian headquartered FuturaSun has officially opened its second PV module assembly plant with a capacity of 500MW in collaboration with manufacturing partner, State Power Investment Corporation Limited (SPIC) in Taizhou, China.
A new company, EnCORE PV has been established to build own and operate a 1GW heterojunction (HJ) plant in the region of Kaliningrad, located along the Baltic coast between Poland and Lithuania.
Leading ‘Solar Module Super League’ (SMSL) member JinkoSolar has reiterated solar module shipment guidance for 2020 to be in the 18-20GW range, while stating that its monocrystalline-based module capacity would reach the 25GW milestone by the end of the year.
The slowdown of the global economy in 2020 is ultimately going to impact the guidance and forecasting offered by all PV manufacturers during the first couple of months of the year, prior to the effects of COVID-19.
Russia-based high-efficiency heterojunction solar module producer starts producing heterojunction cells using the M2+ (157.35 mm x 157.35 mm) n-type mono wafer, providing cell peak power up to 5.88Wp.
Having already guided expected GAAP net losses of US$145-195 million for 2020, high-performance PV manufacturer, SunPower is planning to make operating cuts to save around US$50 million, due to ongoing impact of COVID-19 and has withdrawn previous financial guidance for the year.
