China industrial profits for April, 09:30Ī giant oil tanker that was detained in China failed its safety inspection on more than 20 counts, spotlighting the dangers posed by a rapidly expanding fleet of aging vessels sailing the world’s oceans.Ĭhina may be expanding its coal-fired power generating capacity to save itself from a power crisis, but it’s increasing the prospect of climate and financial catastrophes.SNEC Photovoltaic Power Expo in Shanghai, day 4.Shanghai Futures Exchange Derivatives Forum, day 2.Shanghai exchange weekly commodities inventory, ~15:30.SNEC Photovoltaic Power Expo in Shanghai, day 3.Shanghai Futures Exchange Derivatives Forum, day 1 GOLDEN, ColoradoThe Biden-Harris Administration, through the U.S.SNEC Photovoltaic Power Expo in Shanghai, day 2.CCTD’s weekly online briefing on Chinese coal, 15:00.(All times Beijing unless noted otherwise.) The chairman of one of Longi’s peers, Zhu Gongshan at GCL Technology Holdings Ltd., told conference delegates he expects 32% efficiency by the end of the decade, by pairing silicon-based cells with another material, known as perovskite. But that’s not stopping firms for pushing for more. The theoretical limit for silicon is about 29%, according to Green. Longi’s record-setting cell has 26.8% efficiency. Through the 1980s and 1990s, scientists at New South Wales university took the baton, until they were surpassed by Japanese researchers in the 2010s, he said. In the decades after the modern solar cell was invented in 1954, in Bell Laboratories in New Jersey, efficiency records were consistently set by the US, Green said. Generating extra power from the same silicon square will help entrench the world-leading position of China’s solar industry, lower the cost of electricity, and accelerate the adoption of clean energy as countries race to meet their net zero targets. The all-time best for cell efficiency is about more than just bragging rights. “We’re getting to the point where China will dominate the setting of these records,” he told the SNEC PV Power Expo in Shanghai on Tuesday. It’s the first time a Chinese group has held the record - widely considered a benchmark for scientific achievement in the field - and it probably won’t be the last, according to one of the industry’s top researchers.Ĭhina is expected to lead advances in solar in coming years, said Martin Green, a professor at the University of New South Wales in Sydney, who’s best known as the Father of Modern Photovoltaics. Partner with us to accelerate the transition of renewable energy and energy efficiency technologies to the marketplace. Longi Green Energy Technology Co., the world’s biggest solar firm by market value, set a record late last year for silicon cell efficiency - a measure of how much of the sun’s energy gets converted into usable electricity. The National Renewable Energy Laboratory (NREL) is transforming energy through research, development, commercialization, and deployment of renewable energy and energy efficiency technologies. (Bloomberg) - China’s lead in solar manufacturing is now extending to the technology that will lower costs and allow clean energy to spread across the globe.
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