News

German renewables PPA market volume quadrupled in 2023

published: 2024-04-18 17:11

The German Energy Agency (dena) reported that the market volumes for renewable power purchase agreements (PPAs) in Germany nearly quadrupled in 2023, marking a 323% increase over 2022. The combined capacity for offtake between dif... more

The development of new energy storage is accelerating.

published: 2024-04-18 17:07

According to the research report released at the "Energy Storage Industry 2023 Review and 2024 Outlook" conference, the scale of new grid-connected energy storage projects in China will reach 22.8GW/49.1GWh in 2023, nearly three t... more

23 EU Member Nations Sign & Commit To European Solar Charter

published: 2024-04-17 17:30

Energy ministers from 23 European Union (EU) nations have pledged their support to boosting domestic solar PV manufacturing capacity with the signing of the European Solar Charter. It is also signed by around 100 solar sector repr... more

Maryland’s Residential & Commercial-Scale Solar Projects to Get A Boost With US State’s Senate Bill 783

published: 2024-04-17 17:27

The Maryland General Assembly in the US has given its seal of approval to the solar-friendly Senate Bill 783, also known as the Brighter Tomorrow Act, and has sent it to Governor Wes Moore’s desk to be signed into law. The State o... more

Tesla will keep exploring to find a development mode suitable for China.

published: 2024-04-17 17:23

On December 22, 2023, Tesla completed the land acquisition of its Energy Storage Super Factory project and signed in Shanghai, which meaned that the Tesla Energy Storage Super Factory project was officially launched, and will be p... more

Japan: Significant solar and wind energy curtailment by FY2023

published: 2024-04-16 16:51

Japan's wind and solar energy cuts have risen sharply over the past 12 months, from 0.57 TWh in FY2022 and 0.53 TWh in FY2023 to 1.76 TWh, according to the latest data from the Ministry of Economy, Trade and Industry (METI). The J... more

DOE Invests $27 Million to Empower Communities in Clean Energy Planning

published: 2024-04-16 16:29

The United States Department of Energy has recently announced, in a news release dated April 4, an allocation of $27 million in funding designated for state, local, and tribal governments. This financial boost is aimed at fosterin... more

95% of the U.S. interconnection queues are driven by solar, storage, and wind, while the backlog continues to increase.

published: 2024-04-16 16:28

In the U.S., there are nearly 12,000 power projects waiting in interconnection queues, with the majority being based on renewable sources. These projects represent a combined capacity of 1,570 GW for power generation and 1,030 GW ... more

Chinese Company Announces Solar Module Fab In Europe

published: 2024-04-16 15:55

Chinese solar PV manufacturer Dahai Solar has unveiled plans for a solar PV module manufacturing facility in Romania with an annual installed capacity of 2 GW. The company announced the fab at the recent Solar Energy Summit in Buc... more

New Energy Integration Policy Shifts and the landscape of February 2024 National Grid Integration

published: 2024-04-16 15:53

In recent years, the integration of new energy sources into the power grid has been a focal point for policymakers and energy companies alike. The management of new energy and consumption has seen significant changes in policy, re... more

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