On June 6, 2024, the European Central Bank started to cut interest rates, reducing the deposit facility rate from 4% to 3.75% and the refinancing rate from 4.5% to 4.25%.
(1) Interest rates are an important factor affecting the wi... more
News
Giants Compete in the Lithium Iron Phosphate Battery Track |
| published: 2024-06-07 17:49 |
Currently, ternary batteries and lithium iron phosphate (LFP) batteries are the two mainstream technologies in electric vehicle power batteries. Due to cost advantages, the market share of LFP batteries has steadily increased, sur... more
Solar Module Manufacturing Capacity Expands by 11 GW; Market Set to Add 40 GW of New Capacity in 2024 |
| published: 2024-06-07 15:29 |
Wood Mackenzie and SEIA estimate that the US entered Q2 2024 with an additional 11 GW of new manufacturing capacity. Utility-scale solar dominated new PV additions, contributing 9.8 GW DC, while the distributed solar segment exper... more
Nigeria Set to Roll Out 250 MW of Distributed Solar Power |
| published: 2024-06-07 15:21 |
Nigeria's Rural Electrification Agency (REA) has teamed up with Husk Power Systems to implement interconnected mini-grids and isolated mini-grids, rooftop commercial and industrial (C&I) solar projects, initiatives promoting p... more
The polysilicon market is sluggish, and companies take the initiative to reduce production |
| published: 2024-06-06 17:49 |
Polysilicon prices fell slightly this week. Among them, the transaction price of n-type rod silicon was 40,000-43,000 yuan/ton, and the average transaction price was 40,800 yuan/ton, down 2.39% month-on-month. The transaction pric... more
Why EU cell makers are shifting base to the US |
| published: 2024-06-06 17:48 |
The European Union will fall far behind its ambitious energy transition targets for renewable energy, cleantech capacity and domestic supply chain investment, according to research and analysis by Rystad Energy.
Several EU cell ma... more
Standardizing PV Cell Efficiency Measurements: A Call to Action from Industry Experts |
| published: 2024-06-06 17:47 |
In 2023, the PV industry entered the mass production era of N-type TOPCon technology. Alongside its rapid development, the measurement of cell efficiency has sparked controversy. Notably, various companies periodically announce th... more
Shipping prices to Europe have tripled since the beginning of the year, which may hit solar module costs |
| published: 2024-06-06 17:46 |
According to data from Xeneta, a Norwegian shipping and freight benchmark platform, spot freight rates for freight containers have risen to their highest level since 2022. Prices on major routes such as Asia-Europe and the West Co... more
Several Photovoltaic Giants to Close Southeast Asian Factories? The Truth is... |
| published: 2024-06-06 17:45 |
Domestic photovoltaic companies' factories in Southeast Asia are experiencing a new round of turmoil, with leading companies including LONGi Green Energy and Trina Solar being reported to be closing some of their factories in Sout... more
ITRPV Reports 50% Drop in Solar Module Prices for 2023 |
| published: 2024-06-06 17:14 |
The latest edition of the ITRPV, released this week, reveals that global installed PV capacity hit 1.6 TW by the end of last year. The curve, indicating the average module prices in relation to cumulative shipments, stands at 24.9... more
