News

Spain Elevates Ambitions for Renewable Energy

published: 2023-06-30 14:06

The Spanish Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has made revisions to the targets for renewable energy generation outlined in its National Integrated Energy and Climate Plan 2021-2030 (PNI... more

U.S. Energy Storage: First Quarter Sees an Increase of 0.78 GW/2.145 GWh

published: 2023-06-30 9:36

In the first quarter, U.S. energy storage capacity experienced a growth of 0.78 GW/2.145 GWh, indicating a year-on-year reduction of 11.3% and 22%, as well as a quarter-on-quarter reduction of 27% and 29%. The front-of-the-meter m... more

European Household Storage: High Temperatures Drive Up Electricity and Gas Prices, Inventories in Distribution Channel Show Significant Improvement

published: 2023-06-30 9:35

Electricity and gas prices in Europe witnessed a notable increase this week, primarily driven by concerns regarding the surge in electricity demand due to high temperatures. As of June 24, Europe’s natural gas inventory reached an... more

Lithium carbonate: its global supply increases, while its supply and demand gradually are loosening

published: 2023-06-30 9:31

In the first half of the year, supply and demand achieved a balanced state, but it is anticipated that the balance will shift towards loosening in the second half. In the latter half of the year, global demand for new energy vehic... more

Vietnam Power Outage Crisis Worsens as Northern Industrial Zones Face Rolling Blackouts

published: 2023-06-30 9:30

Vietnam, a vibrant hub for export-oriented manufacturing, is grappling with a widening power outage crisis, with rotating blackouts hitting its northern industrial zones. ... more

Exports of silicon wafer reach 16.9GW, cell 12.4GW and module 69.8GW in the first four months in 2023

published: 2023-06-30 9:27

In the first four months of 2023, China witnessed significant growth in the exports of PV products, including silicon wafers, cells, and modules. Customs statistics reveal that the total value of China's PV product exports during ... more

CNGR and POSCO Plan to Co-Develop Projects for Refining Nickel and Manufacturing Precursors

published: 2023-06-29 9:30

On June 21, CNGR released two notices on its latest overseas investment projects. First, CNGR and POSCO Holdings plan to form a joint venture for refining nickel and battery-grade nickel sulfate. Second, CNGR and POSCO Future M plan to form a joint venture for manufacturing precursors. ... more

Revolutionary Achievement: Caltech Project Successfully Transmits Solar Energy from Space to Earth

published: 2023-06-29 9:30

Scientists from Caltech have reported a significant milestone in their Space Solar Power Project (SSPP), successfully demonstrating the wireless transmission of power from space to Earth. A solar power collector was launched into space earlier this year aboard SpaceX’s Falcon 9 rocket, and has since begun operation. ... more

New figures released by the Irish Solar Energy Association suggest that Ireland is on its track to achieve a cumulative installed PV capacity of 1 GW by the end of this year

published: 2023-06-29 9:25

According to a recent report from the association, Ireland has already deployed approximately 680 MW of solar power across 59,888 generators. The majority of this capacity comes from seven large-scale plants surpassing 5 MW each, ... more

The combination of a low-carbon transition and reduced module prices is driving explosive demand in emerging markets such as South Africa

published: 2023-06-28 17:49

In response to the challenge of meeting domestic electricity demand and achieving energy decarbonization, South Africa is actively promoting domestic solar generation. Despite Eskom supplying over 90% of the country's electricity,... more

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