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Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit

Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […]

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China’s Solar Winners From 2022

As the largest solar energy producer in the world, China offers conducive conditions for the solar market. Last year, as installations surged worldwide, including almost 90 GW in China itself, Chinese suppliers of raw materials for solar panels emerged as the winners in the photovoltaic energy boom amidst rising prices. Reports say that some 31 […]

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European Investment Bank Commits EUR 28.5 Mn for Three Solar Plants for Greece

PPC Renewables, which is a wholly-owned subsidiary of the Public Power Corporation SA, Greece’s largest power generation company, has announced that it will establish three solar power plants, that will boast of a cumulative capacity of 230 MWp. This is set to be among the largest solar energy projects developed or in the pipeline in […]

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Global Shipments of Longi’s Hi-MO 5 Modules Exceed 50 GW

Global solar conglomerate LONGi has announced that, as of mid-December, global shipments of its Hi-MO 5 solar module have exceeded 50 GW. The manufacturer also said that the cumulative shipments are now approaching 100 million panels. The Hi-MO 5, based on 182mm cells, was officially released in June 2020. It offers features such as adaptability […]

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Canadian Solar to Mass Produce TOPCon Modules in 2023

Global solar conglomerate Canadian Solar has announced that its majority-owned subsidiary CSI Solar Co. Ltd. will start mass production of high efficiency N-type TOPCon (Tunnel Oxide Passivated Contact) solar modules in the first quarter of 2023. The move comes even as other industry majors like Jinko Solar and Trina Solar have indicated that n-type modules […]

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US Probe Identifies 4 Firms For Avoiding Trade Laws Against China

The U.S. Department of Commerce has identified Canadian Solar, BYD Hong Kong, Trina Solar and Vina Solar as firms possibly guilty of trying to evade US trade laws when it comes to import of Chinese origin solar cells and modules to the US. Announcing its  preliminary determinations in a recent circumvention case tied to solar cells […]

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