News

Gstar Solar Expands Global Footprint with New 2GW Solar Module Factory in UAE

published: 2024-08-29 18:29

Singapore-based solar manufacturer Gstar Solar has signed a Memorandum of Understanding (MoU) with Middle Eastern investment firm Siraj Group to construct a 2GW module factory in the United Arab Emirates (UAE). The factory is sche... more

U.S. may add 15GW of new energy storage installations this year, 4.2GW in H1

published: 2024-08-29 18:28

According to a study by the U.S. Energy Information Administration (EIA), battery energy storage systems account for the second-largest share of the installed capacity of new U.S. electric generating facilities in the first half o... more

3 PV projects a day! Xinjiang signs 4GW, starts 2GW of work

published: 2024-08-29 18:27

On August 22nd, Alar City, the first division of Xinjiang signed a tripartite strategic cooperation agreement with China National Nuclear Corporation (CNNC) and Solar N Plus to strengthen cooperation in the fields of PV industry c... more

Gotion High-tech to build battery factory in Malaysia

published: 2024-08-28 18:09

Chinese battery manufacturer Gotion High-tech will build a battery assembly plant in Malaysia to expand its influence in Southeast Asia, according to Malaysia's national news agency. Cheng Qian, president of Gotion High-tech's Asi... more

In the first half of the year, Canadian Solar 's energy storage sales jumped 3,309%

published: 2024-08-28 18:08

TrendForce learnt that on the evening of August 22, Canadian Solar disclosed its half-yearly report. According to the announcement, in the first half of this year, Canadian Solar realized net revenues of 3.07 billion dollars and ... more

LONGi and TCL Zhonghuan Announce Collective Wafer Price Hike!

published: 2024-08-28 17:42

Starting from August 26, LONGi Green Energy began communicating with customers about an increase in wafer prices. The specific adjustments are as follows: the price of the N-G10L product increased from 1.06-1.08 yuan to 1.15 yuan,... more

Meyer Burger's US expansion plan failed! Main business remains in Germany! IRA is no longer popular!

published: 2024-08-27 18:03

On August 26, Meyer Burger announced the cancellation of its plan to open a 2GW solar cell manufacturing plant in the United States. It issued a statement on the same day saying that it was no longer economically viable to build a... more

In the year of reshuffle in the energy storage industry, who can emerge?

published: 2024-08-27 17:18

China’s large-scale storage market accounts for a high proportion and grows rapidly, which is the main battlefield of the energy storage industry. In 2023, China added 42.9GWh of new installed capacity of front-of-meter energy sto... more

US PV data for H1 2024: 12GW

published: 2024-08-27 16:09

In the first half of 2024, PV leads the U.S. with 12GW of new capacity. According to the latest report from the U.S. Energy Information Administration (EIA), photovoltaic power generation accounted for 59% of all new electricity g... more

Sungrow's H1 2024 Revenue Exceeds 31 Billion RMB, Leading Globally in Energy Storage Systems

published: 2024-08-27 16:06

On the evening of August 23, TrendForce learned that Sungrow released its 2024 semi-annual report. During the reporting period, Sungrow achieved an operating revenue of 31.02 billion RMB, an 8.38% year-on-year increase; operating ... more

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