#Innovation

SUNPURE’s 480 MW solar plant in Chile nears completion, expands focus on advancing solar technology 

Sunpure’s 480 MW solar plant in Chile nears completion, with SUNPURE robots debugging for enhanced efficiency; the company expands into Europe and LATAM, establishing offices in Madrid and Santiago to strengthen its global position in solar technology, mirroring success in China, India, and the Middle East, with a focus on delivering financial, technical, and operational…

LONGi breaks records with 27.09% efficient solar cells

LONGi Green Energy achieves 27.09% efficiency in silicon heterojunction back-contact solar cells, surpassing the 26.81% efficiency record announced in November 2022. The breakthrough, certified by the Institute for Solar Energy Research Hamelin, Germany involves an all-laser patterning process developed in-house, addressing cost concerns associated with photolithography. Notably, the technology reduces reliance on transparent conductive oxide…

Horad’s Suzhou HQ unveils new PV module fab

Horad’s global headquarters groundbreaking in Suzhou, China, marked a lively event. With a 530 million yuan investment, the facility spans 88 acres, housing cutting-edge photovoltaic module equipment production lines. Post-completion, monthly production will exceed 20 lines, achieving an annual capacity of 180 GW and over 4 billion yuan in output value. The ceremony signifies a…

JinkoSolar licenses TOPCon technology to top module maker

JinkoSolar grants N-type TOPCon patents to a top-tier solar module company, facilitating strategic collaboration. The deal, with a reasonable license fee, empowers the Licensee to leverage JinkoSolar’s TOPCon technologies in their products. This Intellectual property (IP) transaction aims to bolster market positions, foster innovation, and prevent legal disputes in the Solar Photovoltaic industry and related…

First Solar pioneers $700M tax credit transfer with Fiserv

First Solar, Inc. engages in two Tax Credit Transfer Agreements, selling around $700 million of 2023 Inflation Reduction Act tax credits to Fiserv, Inc. at $0.96 per $1. Citigroup Global Markets, Inc. acts as the first-of-its-kind credit transfer placement agent. The agreements follow the US Department of Treasury’s proposed rulemaking on Section 45X credits, impacting…