Sembcorp Solar Vietnam, plans to acquire 73-100% majority stakes in Gelex subsidiaries, adding 245 MW renewable assets in Vietnam. The $218 million deal includes wind, solar, and hydropower, expanding Sembcorp’s total capacity to 12.2G W. Long-term PPAs with Vietnam Electricity secure the assets. The transaction aims for completion in H1 2024, with no expected material impact on Sembcorp’s 2023 financials.
Huasun’s Himalaya G12-132 hits 750W
Huasun sets a new record with the Himalaya G12-132 HJT module, achieving 750.544 W power output and 24.16% conversion efficiency, certified by TÜV SÜD. Comprising double-sided microcrystalline G12-20BB HJT cells, the module demonstrates a 6 W increase in power from the previous record. Huasun attributes this success to advancements in cell efficiency and encapsulation processes, expressing confidence in breaking more records.
USD 12 Million to advance AI-Powered farming
Aigen, an AI-powered solar robotics firm, secures $12 million in Series A funding, propelling the development of its 7,500 sq ft US manufacturing and R&D facility. Operating 14 hours/day, the Element fleet utilizes a custom 205 W solar panel and quantized AI, weeds crops, reducing pesticide use. Aigen aims to transform farming, providing real-time insights for farmers.
Saudi Power’s 25-Year deal with Jinko Power
Jinko Power Technology signs a 25-year PPA with Saudi Power Procurement Company for the 400 MW Tabarjal PV Project under NREP Round 4. Located 17 km from Tabarjal, the project utilizes bifacial solar panels for increased efficiency. Construction spans between 2024 and 2025, aiming to significantly cut KSA’s CO2 emissions by over 717,000 metric tons annually.
Solar Steel secures 400 MW tracker deal
Solar Steel signs a 400 MW solar tracker supply agreement in Peru. 5,400 TracSmarT+ 1V trackers will power projects in Islay and Chiclayo, preventing over 160,000 tCO2 emissions annually. Renowned for efficiency, these trackers aim to provide renewable energy to 230,000 households.
JinkoSolar’s week of record-breaking innovations
JinkoSolar sets records with 24.76% efficiency in N-type TOPCon modules certified by TÜV Süd. They also achieve 32.33% efficiency in perovskite-silicon stacked tandem N-type TOPCon cells. Additionally, their 182mm N-type TOPCon cells hit 26.89% efficiency. These breakthroughs highlight JinkoSolar’s leadership in N-type technology, signalling a transformative direction for the photovoltaic industry.
DMEGC Solar’s proactive step in module manufacturing
DMEGC Solar achieves EU RoHS, REACH, and PFAS certifications, marking a pioneering milestone in Chinese PV manufacturing. The company prioritizes environmental safety, using PFAS-free materials, like polytetrafluoroethylene, and maintaining minimal harmful substances becoming the first Chinese PV module manufacturer to pass PFAS testing. Their modules, widely used and experiencing substantial growth, anticipate enhanced market recognition and global competitiveness.
Akcome wins major HJT order
Akcome Technology secures a 1 GW HJT module order from a European client, building on a prior 1 GW HJT PV module contract. The company recently fulfilled 100 MW of the agreement.
UtmoLight’s commercial module passes certification
Wuxi UtmoLight, a perovskite PV pioneer, attains TÜV SÜD certification for its 1200 mm x 600 mm commercial module, marking a significant industry achievement. This milestone establishes UtmoLight as the first perovskite PV module company endorsed by TÜV SÜD.
Canadian Solar’s Thailand PV expansion
Canadian Solar Inc. announces a 5 GW solar PV wafer facility in Chonburi, Thailand, launching in March 2024. The plant will produce N-type wafers for the existing Thailand TOPCon cell manufacturing plant and later supply the 5 GW U.S. cell factory in Jeffersonville, Indiana, from 2025.