News

U.S. Biden Administration Extends 25% Chip Tax Credit to Wafers and Solar Wafers

published: 2024-10-24 18:36

Recently, the Biden administration formalised new rules for a 25% tax credit for semiconductor manufacturing projects, a move that marks a significant expansion of eligibility for the much-anticipated incentive programme in the CH... more

ALMM causes 5GW of PV projects originally scheduled for commissioning in 2024 to be postponed to 2025

published: 2024-10-24 18:35

According to the "India Solar Open Access Market Report for the Second Quarter of 2024" released by Mercom, India added 3.6GW of solar open access capacity in the first half of 2024, an increase of 153% from 1.4GW in the first hal... more

India's installed PV capacity has exceeded 90GW

published: 2024-10-24 18:34

According to India's Ministry of New and Renewable Energy (MNRE), the country's total installed renewable energy capacity had reached 201.46GW by the end of September 2024, of which 90.76GW came from PV projects. India's cumulativ... more

Sunwoda Energy and Gryphon Energy Sign Strategic Agreement for 1.6GWh Energy Storage Project in Australia

published: 2024-10-24 18:30

On October 23, Shenzhen Sunwoda Energy Technology Co., Ltd. (hereinafter referred to as "Sunwoda Energy") and Gryphon Energy Pty Ltd. (hereinafter referred to as "Gryphon Energy") signed a strategic cooperation agreement at All En... more

China’s lithium-ion battery exports totaled US$43.687 billion from January to September 2024

published: 2024-10-22 18:23

From January to September 2024, the number of lithium-ion battery exports was 2.853 billion, a year-on-year increase of 4.6%.From January to September 2024, China's lithium-ion battery exports were US$43.687 billion, a year-on-yea... more

Wafer Prices Face Pressure Amid Weak Demand, Module Competition Intensifies

published: 2024-10-22 18:09

Last week, in Chinese market wafers faced some downward pricing pressure, with some companies increasing their sales efforts, leading to difficulties in holding prices. The market has entered a new round of competition as downstre... more

CATL Reports Strong Q3 Profit Growth , Driven by Higher Margins and New Product Success

published: 2024-10-22 17:59

Amid the current lithium battery cycle, CATL (Contemporary Amperex Technology Co., Ltd.) continues to achieve counter-cyclical growth, with its profitability steadily increasing. On the evening of October 18, CATL released its Q3 ... more

Australia approves 600MW1200MWh PV + Energy storage project

published: 2024-10-22 17:58

The Australian Federal Government has approved the construction of a 600 MW/1,200 MWh solar power plant and battery storage system in New South Wales. Australia's federal environment minister, Tanya Plibersek, said planning has be... more

150,000 tonnes! Qinghai Lihao to set up polysilicon plant in Angola

published: 2024-10-22 17:57

On 18 October 2024, Angolan oil company Sonangol and China's Qinghai Lihao Clean Energy signed a memorandum of understanding in the Angolan capital, Luanda. The project marks an important step for Angola in the solar energy sector... more

New progress in 4 major energy storage projects

published: 2024-10-21 18:11

Recently, the progress of 4 energy storage capacity and production projects has been updated. Sunwanda On the morning of October 18, the signing ceremony for Sunwanda’s 6GWh energy storage PACK and system integration and 75MW onsh... more

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