Hymson (688559) Advances TOPCon+ Tech, Secures Back-side Thinning Contracts, and Prepares Front-side Tech

Recently, the 850 MW Phase I of the Luobusha PV project in Qusum County, Tibet, constructed by PowerChina, successfully passed completion acceptance, providing important support for easing regional power supply-demand tensions and strengthening the plateau energy supply barrier. The Luobusha PV project in Qusum County, Tibet, covers an area of approximately 4,289.59 mu, with a total installed capacity of 850 MW. It is the first batch of key commercial PV projects at the Yazhong Clean Energy Base in Tibet and the largest PV clean power generation project in the middle and lower reaches of the Yajiang River. The project is developed in four phases, with Phase I at 200 MW and an average elevation of 4,700 meters. Chengdu Engineering Corporation under PowerChina undertook the construction of the 220 kV booster station, 50 MW PV area, 20.74 km transmission line, and expansion of the opposite-side substation; Sinohydro Bureau 9 undertook the construction of the 150 MW PV field area, installing a total of 348,000 PV modules, along with 64 box-type transformers and 704 inverters.

On August 31, the US Department of Energy (DOE) announced a new space PV R&D funding opportunity totaling up to $12 million. The announcement states its goals clearly: reduce the cost of solar cells and modules for space applications, expand domestic manufacturing capacity in the US, and advance prototypes toward third-party validation in space or near-space environments.

Recently, Xin Hengyuan Energy officially launched its 221 MW tracking support benchmark project. This project is a key single project undertaken by the enterprise in the European region, representing a critical breakthrough in the company's strategic expansion into markets outside China. It significantly advances local low-carbon energy development and injects strong momentum into the region's green energy transition.