News

More room for TOPCon to recover profits

published: 2024-03-05 15:15

The penetration rate of TOPCon is increasing rapidly, and it is expected that the proportion will be close to 6% in 2024. With the continuous promotion of cost reduction and efficiency improvement, TOPCon has been rapidly promoted... more

700MW! The Largest Module Order of Early 2024: Tongwei and CMC Forge Ahead with Renewed Strategic Partnership

published: 2024-03-04 16:54

Genertec Italia SRL, the Italian branch of China National Machinery Import & Export (Group) Co., Ltd. ("CMC"), has recently formalized a strategic agreement for an impressive 700MW with Tongwei for the year 2024. This marks a ... more

Tongwei’s First "100+MW" Overseas PV Project ! From Blueprint to Reality

published: 2024-02-22 16:01

Recently, Tongwei and Bouygues Construction Australia signed a historic cooperation agreement, marking a significant milestone in Tongwei's global expansion of intelligent manufacturing. Under the agreement, the two parties will c... more

EU Council and Parliament Embrace Net-Zero Industry Act, Paving the Way for Resilience Auctions

published: 2024-02-15 15:49

After rigorous negotiations, the European Council and Parliament reached a provisional agreement on February 6, successfully concluding the trilogue discussions on the Net-Zero Industry Act. A pivotal focus of these negotiations w... more

China Surpasses 14th Five-Year Plan Energy Storage Goal Ahead of Schedule

published: 2024-02-13 15:48

By the close of 2023, China had notched up an impressive cumulative installed capacity of 31.39GW/66.87GWh in new energy storage projects, surpassing the 14th Five-Year Plan target two years ahead of schedule. In the same year, do... more

Tesla’s 2023 Earnings Soar to Record Heights, with its Robust Energy Storage Business Growth

published: 2024-02-07 16:47

On January 24th, EnergyTrend reported Tesla's financial results for the fourth quarter and the entire year of 2023. According to the earnings report, Tesla raked in a whopping $96.773 billion in total revenue for 2023, marking a r... more

UK Dominates Large-Scale Energy Storage Installations in Europe with Anticipated Surge in Growth for 2024

published: 2024-02-06 17:15

In 2023, as the costs of solar and energy storage decline, the European market for large-scale energy storage is progressively expanding, witnessing a continuous uptrend in the scale of projects. According to forecasts by Wood Mac... more

New Year, New Cooperation! Tongwei Solar Begins 2024 by Signing 300MW Module Supply Agreement with Memodo

published: 2024-02-06 14:36

During the recent European launch of its new G12R series modules in Germany, Tongwei Solar signed a 300MW module supply agreement with Memodo, a European distributor of photovoltaic products, energy storage systems, charging stati... more

Anticipating Global Surge: Household Energy Storage Gains Momentum as Inventory Consumption Rises, while Asia, Africa, and Latin America Markets Anticipating to Lead the Charge in PV Installations

published: 2024-02-04 16:36

Over the past two to three years, overseas customers have increasingly prioritized the economics and stability of electricity consumption, thanks to favorable policies in the energy storage industry and higher energy prices. Conse... more

Energy Storage Revolution: EIA Forecasts Record-breaking 14.53GW in New Installations for 2024

published: 2024-02-02 15:36

EnergyTrend has gathered insights from the latest EIA statistics, revealing that energy storage installations with capacities exceeding 1MW reached 1.23GW in December. This marks a substantial 332% year-on-year increase and a nota... more

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