News

Malaysian Government Introduces Residential Solar Incentive Program

published: 2024-05-09 10:56

The Ministry of Energy Transition and Water Transformation in Malaysia is collaborating with both private and public entities within the country to provide citizens with financial incentives and discounts for embracing solar energ... more

Spain's Large-Scale PV Market Sees Solar Modules Selling at €0.10/W

published: 2024-05-09 10:55

Spanish developer Solaria has announced its recent acquisition of 435 MW worth of solar modules from an undisclosed supplier, securing them at a rate of €0.917 ($0.99) per watt. This strategic move underscores Solaria's commitment... more

Performance Across the Board Declines! Is the Photovoltaic Industry Facing a Cyclic Bottom

published: 2024-05-08 17:53

In the first quarter of 2024, the photovoltaic equipment industry presented even more dismal data: 37 companies experienced negative growth in operating revenue, and 45 companies saw negative growth in net profit attributable to t... more

Egyptian Utility Initiates Tender for 8.2 MW Solar-Plus-Storage Project

published: 2024-05-08 17:50

The Egyptian Electricity Holding Company, a state-owned utility, is inviting expressions of interest for the design, construction, and operation of an 8.2 MW solar facility coupled with a 2 MW/4MWh battery energy storage system. T... more

Italy prohibits the installation of photovoltaics on agricultural land

published: 2024-05-08 17:48

The Italian Council of Ministers approved the Decree on Agriculture, which, according to the competent minister, chooses to limit the "prohibition" of the "crazy" installation of ground-mounted photovoltaics on productive land. Th... more

U.S. solar capacity Expansion Fierce, But Upstream Industry Layout Slightly Inadequate

published: 2024-05-08 16:03

The Inflation Reduction Act (IRA), signed by President Biden in 2022, has significantly boosted the rise of the domestic photovoltaic (PV) manufacturing industry in the United States. Offering up to $369 billion in subsidies, the ... more

Philippines will add 2GW of photovoltaic installed capacity in 2024

published: 2024-05-08 15:58

The Philippine Department of Energy announced that at least 4.16GW of power projects will be put into operation this year through a hybrid combination of renewable and traditional energy sources. Of this, 1.99GW will come from sol... more

The cost of upstream materials has fallen, and the profit distribution has flowed to the battery link

published: 2024-05-08 15:55

From 2023, upstream material prices has fallen sharply with the easing of supply and demand. From 2023, the keypoint of the lithium battery materials is "price reduction". Due to the release of new production capacity in the indu... more

Lithium battery industry: Q1 is the traditional off-season for new energy vehicles and energy storage demand

published: 2024-05-07 17:28

Battery: Q1 is the traditional off-season for new energy vehicles and energy storage demand, which affects the shipments of leading battery companies to decline by an average of 10-30% month-on-month. At the same time, affected by... more

Market Opportunity Analysis: Qatar launches national renewable energy strategy, focusing on solar energy

published: 2024-05-07 17:00

Qatar as the Middle East GDP per capita ranked first, one of the world's most promising photovoltaic power producers (annual solar power generation per unit of square meter is expected to be more than 2,000 kilowatt-hours), Qatar ... more

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