Chinese mono-crystalline modules manufacturer LONGi Solar announced on April 12 that its 120-cell half-cut monocrystalline PERC module has exceeded 360W, as certified by TÜV-SÜD. This achieves a new world record for the highest power 120-cell half-cut monocrystalline PERC module, adding to LONGi’s world record for 60-cell monocrystalline PERC module for power and conversion efficiency.
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).