News

Chinese equipment provider Jinchen Machinery and Adani Solar have entered into an agreement under which the former will provide the latter with an automated production line for high-efficiency PV modules. The annual production capacity of the production line is set at 2.5GW. Adani Solar is a subsidiary of Indian multinational Adani Group. This news was first reported by other renewable news outlets in early June. ...  more

With global sales of new energy vehicles hitting new highs, the price of lithium, a rare metal used in battery raw materials, has soared. In response to the soaring price of lithium, Chinese electric vehicle manufacturer BYD is rumored to have found six lithium mines in Africa and has reached acquisition agreements. The mines are expected to meet its battery demand for the next 10 years. ...  more

Perovskite solar energy conversion efficiency is high but it is also known for its endurance. American scientists have now used new solar testing technology to find that perovskite solar cells have high efficiency and can be used for 30 years and their service life even exceeds that of the 20 year lifespan of silicon solar energy. ...  more

Silicon China, a branch of China Nonferrous Metal Industry Association, released its latest report on the price trends of polysilicon materials used in the manufacturing of PV products on June 22. ...  more

Sonnen Group, a German manufacturer of residential energy storage batteries, announced on June 2 that it will be acquiring 100% of Webatt Energia, a Spanish company that provides PV and energy storage solutions. ...  more

The Russia-Ukraine war has prompted European countries to seek for alternatives for Russia’s natural gas supply. Australia, as one of the major exporting countries of natural gas, was supposed to enjoy this surge of revenue, however, Europe’s seizure of natural gas has also led to snatching of infrastructures, which made the country realize that it could also become a victim. ...  more

Chinese battery manufacturer Envision AESC announced a new overseas project on June 3. Specifically, the company will build a new gigafactory in Spain. Named VENERGY+, the new gigafactory will be located in in the municipality of Navalmoral de la Mata, which is a part of the Spanish province Cáceres. With a production capacity of 30GWh per year, the new gigafactory is scheduled to enter operation in 2025. ...  more

Through innovative battery design and packaging technology, Toyota and its subsidiary Woven Planet have launched a prototype of a lightweight portable hydrogen cylinder, hoping to provide green energy that is convenient for daily life. ...  more

As the demand for charging stations has risen with the soaring number of electric vehicles, FamilyMart will become the first convenience store franchise providing EV charging services in Taiwan, where a trial run will be launched as soon as late 2022. ...  more

Pakistani news outlets reported on May 20 that their government has decided to remove the 17% general sales tax (GST) on PV modules (or solar panels). Prime Minister Shehbaz Sharif personally made the announcement at a meeting with the country’s leaders of industries and businesses. He said eliminating this tax, which was imposed by the previous government, was the “only way forward” as the country faces a sharp increase in the costs of importing energy. ...  more