News

Energy Storage Battery Prices Hit New Low at $0.4/Wh, Marking a 6.8% Monthly Decline

published: 2023-12-06 17:13

As per TrendForce's analysis, the battery industry experienced a dip in operational efficiency in November owing to weakened customer demand. Consequently, the prices of key raw materials like lithium, cobalt, and nickel witnessed... more

Insights and Highlights Summary: ETS 2024 Energy Trend Seminar by TrendForce

published: 2023-12-05 17:27

On November 30, 2023, ETS Energy Trend for 2024, hosted by TrendForce and its new energy research center, EnergyTrend, successfully concluded in Shenzhen. With the overarching themes of Empowering, Integration, and Innovation, the... more

China Achieves 50% Reduction in Power Prices Through Robust Renewables Integration, Surpassing US and Europe

published: 2023-11-29 11:44

In a recent report, Wood Mackenzie predicts that China is poised to achieve remarkable milestones in 2023, with the potential installation of 230 GW in photovoltaic (PV) and wind capacity, along with an estimated export of over 20... more

California's Rooftop Solar Mandate Illuminates Potential Pitfalls for National Energy Policies

published: 2023-11-13 16:04

The California rooftop solar policy sends a cautionary signal to the nation, as discussed by four expert panelists during the recent pv magazine Roundtables US 2023 live event. According to their insights, energy storage is poised... more

China's Shining Bright: A Forecast of Dominance in Solar Manufacturing Until 2026

published: 2023-11-08 14:29

According to a recent Wood Mackenzie report, China is set to maintain its stronghold on the global solar industry, with over 80% of manufacturing capacity for polysilicon, wafer, cell, and modules expected to be held by the countr... more

Tongwei Ads in Melbourne, Testimony to Brand Strength

published: 2023-11-03 17:40

The 2023 All-Energy Australia took place in Melbourne on October 25-26, and Tongwei was there, covering all major transportation hubs and high-traffic areas in the city with towering advertisements for its high-efficiency modules ... more

Tesla: Q3 Witnesses a Record-breaking Deployment in Energy Storage Business, Becoming a Significant Growth Driver for Tesla

published: 2023-11-01 14:49

According to a report by EnergyTrend, Tesla released their third-quarter earnings, revealing that their revenue from power generation and energy storage businesses surged to $1.559 billion, marking a 39.57% year-on-year increase a... more

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