TrendForce has learned that on July 2, Tesla's production and delivery report for the second quarter of 2024 was released. According to the report, in terms of energy storage product deployment, Tesla's installed energy storage ca... more
News
LG won a large order for lithium iron phosphate batteries |
| published: 2024-07-03 17:59 |
On July 2, LG Energy Solution (LGES) announced an important cooperation. The company will supply lithium iron phosphate batteries for Ampere, a subsidiary of Renault electric vehicles.
It is reported that this is also LG Energy So... more
Poland’s Capacity Market Rule Change Could Deal a Major Blow to Battery Storage Systems |
| published: 2024-07-03 17:37 |
The Polish government recently announced a reduction of the derating factor for battery energy storage systems to 57% in the country’s upcoming capacity market auction. This announcement has sparked significant concern in the indu... more
692TWh! First 50% of EU renewable energy generation in first half of 2024 |
| published: 2024-07-03 17:36 |
Eurelectric, the European electricity trade association, has released the latest data on Europe's energy mix, with renewables accounting for more than half of Europe's electricity supply in the first half of this year.
Europe is d... more
Japan: Renewable energy accounts for 38% in 2030! 363GW in 2035! Net zero emissions in 2050 |
| published: 2024-07-03 17:35 |
Solar power and storage play a central role in Japan’s goal of strengthening energy security. As Asia’s economic powerhouse, Japan has become a global leader in the transition to carbon neutrality.
Although Japan's energy self-suf... more
Unlocking 15 GW of U.S. Household Energy to Meet Electricity Demand Affordably |
| published: 2024-07-03 12:00 |
A Deloitte report highlights the potential of distributed energy resources (DER) to aid the U.S. in meeting its climate objectives while enhancing grid efficiency. As more households transition to electrified appliances, heating a... more
Energy Ministry Launches Comprehensive Survey for Solar and Wind Projects in Preparation for 20 GW Annual Tender |
| published: 2024-07-03 10:08 |
Saudi Arabia is launching an extensive geographic survey to locate optimal sites for new renewable energy projects. The survey will cover over 850,000 square kilometers, excluding populated areas, sand dunes, and regions with airs... more
Swedish Solar Manufacturer Midsummer Secures €8 Million Investment for Italian CIGS Thin-Film Factory |
| published: 2024-07-02 17:38 |
Recently, Swedish thin-film solar manufacturer Midsummer announced it has secured approximately €8 million ($8.6 million) in funding to support its copper indium gallium selenide (CIGS) thin-film cell manufacturing project in Ital... more
China's photovoltaic module production exceeds 500GW in 2023, a year-on-year increase of more than 75%! |
| published: 2024-07-02 17:19 |
Development of the global module industry
From the perspective of industry scale, by the end of 2023, the global module production capacity and output will reach 1103GW and 612.2GW, respectively, up 61.6% and 76.2% year-on-year, ... more
Austria Achieves 2.6 GW Increase in Solar PV Capacity in 2023 |
| published: 2024-07-02 16:43 |
Austria installed 2.6 GW of new solar capacity in 2023, nearly tripling its annual additions and bolstering employment in the sector. With this increase, Austria's cumulative installed solar PV capacity reached 6,395 MW by the end... more
