News

Wafer Prices Face Pressure Amid Weak Demand, Module Competition Intensifies

published: 2024-10-22 18:09

Last week, in Chinese market wafers faced some downward pricing pressure, with some companies increasing their sales efforts, leading to difficulties in holding prices. The market has entered a new round of competition as downstre... more

CATL Reports Strong Q3 Profit Growth , Driven by Higher Margins and New Product Success

published: 2024-10-22 17:59

Amid the current lithium battery cycle, CATL (Contemporary Amperex Technology Co., Ltd.) continues to achieve counter-cyclical growth, with its profitability steadily increasing. On the evening of October 18, CATL released its Q3 ... more

Australia approves 600MW1200MWh PV + Energy storage project

published: 2024-10-22 17:58

The Australian Federal Government has approved the construction of a 600 MW/1,200 MWh solar power plant and battery storage system in New South Wales. Australia's federal environment minister, Tanya Plibersek, said planning has be... more

150,000 tonnes! Qinghai Lihao to set up polysilicon plant in Angola

published: 2024-10-22 17:57

On 18 October 2024, Angolan oil company Sonangol and China's Qinghai Lihao Clean Energy signed a memorandum of understanding in the Angolan capital, Luanda. The project marks an important step for Angola in the solar energy sector... more

New progress in 4 major energy storage projects

published: 2024-10-21 18:11

Recently, the progress of 4 energy storage capacity and production projects has been updated. Sunwanda On the morning of October 18, the signing ceremony for Sunwanda’s 6GWh energy storage PACK and system integration and 75MW onsh... more

Germany PV power generation down 17 per cent in Q3

published: 2024-10-21 17:52

Germany generated 3.4GW of solar power in the third quarter (Q3) of 2024, down 17 per cent year-on-year, according to data published by the German Federal Network Agency Bundesnetzagentur. At the end of September 2024, Germany's c... more

With an annual capacity of 5GWh, Hithium proposes to build a plant in Saudi Arabia

published: 2024-10-21 17:51

On 15 October (local time), At Solar & Storage Live KSA in Riyadh, Saudi Arabia, Hithium Energy Storage (Hithium) and MANAT (founded by Nabilah AlTunisi, Chief Engineer at Saudi Aramco) announced the formation of the joint ven... more

Jinko Solar Announces GDR Listing Plan on Frankfurt Stock Exchange to Raise RMB 4.5 Billion for Global Expansion Project

published: 2024-10-21 17:49

On the evening of October 20, Jinko Solar announced that it plans to list on the Frankfurt Stock Exchange in Germany through a Global Depositary Receipt (GDR) issuance. Jinko Solar will become the second photovoltaic (PV) company ... more

Sweden launches Nordic's largest battery energy storage system

published: 2024-10-18 18:10

Fourteen large battery storage systems (BESS) have come online in Sweden, deploying 211 MW/211 MWh for the region. Developer and optimiser Ingrid Capacity and storage owner-operator BW ESS have been working together to deliver 14 ... more

Total investment of 1 billion! Great Power to build new lithium battery capacity

published: 2024-10-18 18:09

On October 16, Great Power announced that the company intends to build a new project of small power square aluminium shell lithium-ion battery with a daily capacity of 30,000 and capacitive lithium-ion battery with a daily capacit... more

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