News

India Secures $1.7 Billion World Bank Loan to Boost Renewable Energy Development

published: 2023-07-03 15:14

India has secured a loan of $1.7 billion from the World Bank to accelerate the development of renewable energy in the country. The loan includes $200 million allocated to Himachal Pradesh, aimed at adding 10 GW of additional renew... more

Asian Foreign Investors Advise Buying SDI Considering Rising Shipment of IGBT Modules in 2H23 and Opportunities Brought by Tesla’s Charging Network in 2024

published: 2023-07-03 10:51

Asian foreign investors recently issued a new report stating that despite the impact of consumer electronics inventory and overall economic uncertainty on SDI’s business, revenue for 2Q23 has reached a low point. ... more

NASA Opposes Lithium Mining in Nevada Citing Satellite Calibration Concerns

published: 2023-07-03 9:30

In an unexpected turn of events, NASA has joined environmentalists, tribal leaders, and concerned citizens in growing opposition against lithium mining in Nevada. The unusual alliance stems from the concern that mining activities may interfere with satellite calibration. ... more

Ukraine’s Solar Energy Sector Begins Recovery Amid Ongoing Russo-Ukrainian Conflict

published: 2023-07-03 9:30

Ukraine’s solar energy market is experiencing signs of recovery as the country strives to decrease its dependence on the central power grid. ... more

Longi: PV Industry Chain Prices Hit Bottom; PV Capacity Demand Shows Signs of Recovery

published: 2023-06-30 14:09

On June 29, Longi, a leading solar company, released its investor relations report, highlighting the recent developments in the solar industry. Longi observed that since May, there has been significant price volatility in photovol... more

Spain Elevates Ambitions for Renewable Energy

published: 2023-06-30 14:06

The Spanish Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has made revisions to the targets for renewable energy generation outlined in its National Integrated Energy and Climate Plan 2021-2030 (PNI... more

U.S. Energy Storage: First Quarter Sees an Increase of 0.78 GW/2.145 GWh

published: 2023-06-30 9:36

In the first quarter, U.S. energy storage capacity experienced a growth of 0.78 GW/2.145 GWh, indicating a year-on-year reduction of 11.3% and 22%, as well as a quarter-on-quarter reduction of 27% and 29%. The front-of-the-meter m... more

European Household Storage: High Temperatures Drive Up Electricity and Gas Prices, Inventories in Distribution Channel Show Significant Improvement

published: 2023-06-30 9:35

Electricity and gas prices in Europe witnessed a notable increase this week, primarily driven by concerns regarding the surge in electricity demand due to high temperatures. As of June 24, Europe’s natural gas inventory reached an... more

Lithium carbonate: its global supply increases, while its supply and demand gradually are loosening

published: 2023-06-30 9:31

In the first half of the year, supply and demand achieved a balanced state, but it is anticipated that the balance will shift towards loosening in the second half. In the latter half of the year, global demand for new energy vehic... more

Vietnam Power Outage Crisis Worsens as Northern Industrial Zones Face Rolling Blackouts

published: 2023-06-30 9:30

Vietnam, a vibrant hub for export-oriented manufacturing, is grappling with a widening power outage crisis, with rotating blackouts hitting its northern industrial zones. ... more

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