News

Farasis to Build New Base with Annual Production Capacity of 30GWh for EV Power Batteries in Guangzhou

published: 2023-02-07 9:30
Major Li-ion battery supplier Farasis Energy announced on January 29 that it has entered into an investment cooperation agreement with the administrative committee of the Guangzhou Economic and Technological Development Zone. Under the agreement, Farasis will set up a base with an annual production capacity of 30GWh for LFP and ternary batteries that are purposed for electric mobility. ...  more

Toshiba Announces Exit from Residential Solar Market amidst Ferocious Competition

published: 2023-02-07 9:30
Aggravated market competition and business transformation have prompted Toshiba to exit from Japan’s residential solar market. The company will now focus on commercial and industrial solar power plants, as well as the development of perovskite solar cells. With that being said, Toshiba will still provide after-sales services on residential solar for 20 more years. ...  more

Hanwha Q Cells Secures Order for 2.5GW of PV Modules from Microsoft

published: 2023-02-07 9:30
Hanwha Q Cells and Microsoft have signed a supply agreement under which the former will provide latter with 2.5GW of PV modules. Besides modules, Q Cells will also provide EPC services so as to help deploy these modules at Microsoft’s facilities across the US. This news was first picked up by other renewable energy news websites. ...  more

Europe-Made Solar Panels to Extricate from Imports and Add 100MW of Capacity in 2026

published: 2023-02-06 9:30
Europe, in order to lower dependency on solar panels, is currently expanding its industry chain. Joint venture Solarcells will be establishing a solar module factory in Luxemburg before the end of the year, with about 50MW of capacity for the first phase, and is capable of manufacturing approximately 100K solar modules each year. ...  more

Transimage Captures Another Major Order for Na-Ion Batteries

published: 2023-01-31 9:30
Transimage announced in early January that its sub-subsidiary has entered into a cooperation agreement with Suzhou Debo New Energy. Under the agreement, Transimage will not only provide Debo with Na-ion batteries but also collaborate with Debo in the field of energy storage systems. ...  more