News

US nuclear fusion startup Helion Energy recently completed a Series E funding of US$500 million, which will be used to establish the prototype for the 7th generation reactor Polaris that is expected to become the first piece of nuclear fusion equipment in showcasing net power generation in 2024 as scheduled. ...  more

Orsted announced on November 2 that the first 100% Taiwan-made jacket foundation for the wind turbines of the first phase 900MW section of the Greater Changhua Southeast and Southwest offshore wind farms have been completed by SDMS under CSC, with all inspection and production now verified. ...  more

Chinese solar enterprise Risen Energy announced on October 28 that it will transfer its Merredin Solar Farm in Australia to Merredin Project Company Pty Ltd. The transaction is valued at AUD 185.5373 million. ...  more

European thin film solar cell research institute Solliance has recently developed a tandem solar cell of an ultra-high efficiency, which is formed with perovskite solar and silicon crystal. It is capable of achieving a conversion efficiency of up to 29.2%. ...  more

Hengzhou Cloud and other local Chinese news websites reported on October 25 that construction has started in Heng County for a 2.6GW demonstration project that combines PV systems, wind turbines, and energy storage systems under a single framework. Heng County, which has also been reportedly upgraded administratively to Hengzhou City, is part of China’s Guangxi Province. With a total investment of around RMB 12.8 billion, the demonstration project is touted to be the largest of its kind in the province for 2021. ...  more

Chinese equipment provider JSG released a notice on November 8 detailing the equipment contracts that it has signed with c-Si product supplier Shuangliang Silicon Materials (Baotou) this May. ...  more

Chinese financial news websites have reported that Ningxia Yinglite Chemicals will invest RMB 82.7186 million to set up DG PV generation at its offices and factories. The plan to “construct the first batch of distributed PV projects” was approved by the company’s board of directors on October 25 and subsequently announced to the public. ...  more

US President Joe Biden has placed high hopes on offshore wind farms, and has been constantly paving for the target of 30GW offshore wind power by 2030, including the drafting of wind farm leases, expansion of the construction area of wind farms, and the decision in accelerating the establishment in Massachusetts, North Carolina, and Gulf of Mexico. Tender solutions will be confirmed next year at the earliest. ...  more

The report of energy research company Rystad Energy pointed out that the cost of solar power has been surging due to the incessant inflation of raw material prices and the constrained background of the supply chain, where more than 50% of solar farms for public utilities around the world may be postponed or canceled in 2022. ...  more