Business information provider IHS Markit announced on December 14 that global photovoltaic (PV) demand is forecast to reach 108 gigawatts (GW) in 2018, largely driven by an improvement in the outlook in China, according to the latest edition of its PV Demand Market Tracker. IHS Markit expects strong demand from the Chinese market to continue on the back of strong policy support, a successful transition to a more diverse market and strong momentum in the distributed-PV (DPV) sector.
Hong Kong-based Kong Sun Holdings Limited which invests in and operates solar power plants across various provinces and regions in China, announced on December 13 that it has acquired a solar power plant project located in Baofeng County in mid-eastern China’s Henan province with a total installed capacity of 100MW for an aggregate consideration of approximately RMB743 million (USD 113 Million).
Chinese solar panel manufacturer JA Solar Holdings announced on December 12 that the output power of its 60-cell PV modules assembled by mono-Si PERC cells has exceeded 325W. The actual output power of 326.67 W measured and certified by TUV SUD sets a new world record for 60-cell mono-Si PV modules.
LONGi Solar announced yesterday that the National Center of Supervision and Inspection on Solar Photovoltaic Products Quality (CPVT) issued an independent test report showing that LONGi Solar’s bifacial PERC monocrystalline cells achieved a world record bifaciality of 82.15%.