News

Shipping prices to Europe have tripled since the beginning of the year, which may hit solar module costs

published: 2024-06-06 17:46

According to data from Xeneta, a Norwegian shipping and freight benchmark platform, spot freight rates for freight containers have risen to their highest level since 2022. Prices on major routes such as Asia-Europe and the West Co... more

Several Photovoltaic Giants to Close Southeast Asian Factories? The Truth is...

published: 2024-06-06 17:45

Domestic photovoltaic companies' factories in Southeast Asia are experiencing a new round of turmoil, with leading companies including LONGi Green Energy and Trina Solar being reported to be closing some of their factories in Sout... more

ITRPV Reports 50% Drop in Solar Module Prices for 2023

published: 2024-06-06 17:14

The latest edition of the ITRPV, released this week, reveals that global installed PV capacity hit 1.6 TW by the end of last year. The curve, indicating the average module prices in relation to cumulative shipments, stands at 24.9... more

Electricity Prices Decline Across Most European Markets

published: 2024-06-06 17:12

AleaSoft Energy Forecasting reported a decline in electricity prices across most major European markets during the last week of May, with the exception of the Italian and Nordic markets. In a notable development, Portugal set a ne... more

Mercedes-Benz revealed the latest progress in battery development

published: 2024-06-05 17:53

Last Saturday (6/1), the nine-day 2024 Guangdong-Hong Kong-Macao Greater Bay Area Auto Show was held in Shenzhen, with domestic car companies bringing a full range of new energy models, and traditional luxury car brands such as Me... more

Chinese Solar Firms Reroute from Southeast Asia to Middle East Due to U.S. Tariff Hikes

published: 2024-06-05 17:41

Facing the U.S. government's "precision strikes," Chinese photovoltaic companies have been compelled to reassess their overseas market strategies. Some Chinese PV companies have begun shutting down their factories in Southeast Asi... more

Energy storage is inextricably linked to internal circulation, and good money is ushering in new growth

published: 2024-06-05 17:41

The frequent energy storage fire accidents around the world have not only caused significant casualties and property losses, but also triggered a deep reflection on the safety management and supervision of energy storage power sta... more

Layoffs? Suspension of production? The photovoltaic giant responds

published: 2024-06-05 17:38

Recently, there have been rumors that LONGi Green Energy's module factory in Malaysia will gradually shut down this week, and last week, all five production lines at LONGi's cell factory in Vietnam had also stopped working. Previo... more

Circular Recycling Strategy Targets Perpetual Utility for PV Materials

published: 2024-06-05 17:25

A German research team has analyzed the future material usage in the crystalline silicon PV industry, focusing on key materials such as glass, aluminum, silver, copper, ethylene-vinyl-acetate (EVA), and polysilicon. Their findings... more

Chile Expands Renewable Energy with New Large Scale Battery Storage Projects

published: 2024-06-05 17:16

Last week, three large-scale battery energy storage projects, co-located with solar plants, were announced in Chile. Enel is constructing a 67 MW/134 MWh battery, while CJR Renewable and Uriel Renovables are planning projects with... more

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