News

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

China’s Solar PV Installations Surge to Nearly 690 GW, Reports NEA

published: 2024-07-02 16:08

China's National Energy Administration (NEA) reports that the country installed over 79 GW of new solar photovoltaic (PV) capacity in the first five months of 2024. This includes more than 19 GW added in May alone. With these addi... more

The total global wafer production capacity was about 974.2GW

published: 2024-07-02 12:22

(1) The development of the global silicon wafer industry in 2022 By the end of 2023, the total global wafer production capacity was about 974.2GW, up 46.7% year-on-year, and the output was about 681.5GW, up 78.8% year-on-year. Fro... more

Total global cell production capacity exceeds TW

published: 2024-07-02 12:08

(i) Development of the global cell industry By the end of 2023, the total global cell capacity reached 1,032GW, exceeding the TW mark; the total global cell production reached 643.6GW. It is worth mentioning that n-type cells perf... more

Europe Completes De-Stocking, Emerging Markets See Surge in Installations

published: 2024-07-01 17:36

After 2020, the energy crisis in Europe caused electricity prices to soar, making residential storage much more economically viable. Additionally, the Russian-Ukrainian conflict in 2022 further boosted demand for residential stora... more

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