News

U.S. solar capacity Expansion Fierce, But Upstream Industry Layout Slightly Inadequate

published: 2024-05-08 16:03

The Inflation Reduction Act (IRA), signed by President Biden in 2022, has significantly boosted the rise of the domestic photovoltaic (PV) manufacturing industry in the United States. Offering up to $369 billion in subsidies, the ... more

Philippines will add 2GW of photovoltaic installed capacity in 2024

published: 2024-05-08 15:58

The Philippine Department of Energy announced that at least 4.16GW of power projects will be put into operation this year through a hybrid combination of renewable and traditional energy sources. Of this, 1.99GW will come from sol... more

The cost of upstream materials has fallen, and the profit distribution has flowed to the battery link

published: 2024-05-08 15:55

From 2023, upstream material prices has fallen sharply with the easing of supply and demand. From 2023, the keypoint of the lithium battery materials is "price reduction". Due to the release of new production capacity in the indu... more

Lithium battery industry: Q1 is the traditional off-season for new energy vehicles and energy storage demand

published: 2024-05-07 17:28

Battery: Q1 is the traditional off-season for new energy vehicles and energy storage demand, which affects the shipments of leading battery companies to decline by an average of 10-30% month-on-month. At the same time, affected by... more

Market Opportunity Analysis: Qatar launches national renewable energy strategy, focusing on solar energy

published: 2024-05-07 17:00

Qatar as the Middle East GDP per capita ranked first, one of the world's most promising photovoltaic power producers (annual solar power generation per unit of square meter is expected to be more than 2,000 kilowatt-hours), Qatar ... more

Over 300GW! Top10 Module Leaders' Advanced Capacity Planning

published: 2024-05-07 16:37

In 2023, China's new photovoltaic (PV) installations reached 216.88GW, a year-over-year increase of 148.1%. The rapid deployment of high-efficiency N-type modules played a crucial role, not only elevating the efficiency of solar p... more

Review of the First Quarter Performance of Listed Lithium Battery Companies in 2024

published: 2024-05-07 16:32

Overall, out of 21 companies, BYD, Xinwangda, and 6 other companies have achieved growth in both revenue and net profit. Companies such as Pannon Technology have seen declines in both revenue and net profit. Guoxuan High-Tech is i... more

Nuvve has entered into a strategic partnership with Great Power

published: 2024-05-07 16:21

TrendForce has learned that on May 1, local time in the United States, Nuvve Holding Corp. (Nuvve), a leading global provider of V2G (Vehicle to Grid) technology, and Great Power have entered into a strategic cooperation agreement... more

JA Solar Achieves Net Profit Exceeding 7 Billion Yuan in 2023, Continues to Expand N-Type Capacity

published: 2024-05-06 18:10

On April 29th, JA Solar disclosed its 2023 annual report, achieving a revenue of 81.556 billion yuan, an increase of 11.74% compared to the same period last year; the net profit attributable to shareholders of the listed company w... more

Photovoltaic equipment leader Jingyuntong incurs a loss of 463 million yuan

published: 2024-05-06 18:08

On April 30, A-share photovoltaic equipment leader Jingyuntongreleased its performance report for the first quarter of 2024. The report shows that in the first quarter of this year, the company's operating income was 1.469 billion... more

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