News

IEA: Global PV capacity utilization rate of only 50%, module inventory is growing

published: 2024-05-13 17:40

The International Energy Agency (IEA)'s newly released "Advancing Clean Technology Manufacturing" report points out that the current global solar cell and module manufacturing capacity utilization rate is about 50%, and the existi... more

Is a 6 MWh Containerized Energy Storage System an Inevitable Trend Amid Intense Competition?

published: 2024-05-13 17:39

With the full opening of market demand, the technology, capacity, and cycle life of energy storage batteries are accelerating their iterations. Consequently, the capacity of containerized energy storage systems has also been gradu... more

35.3GW/77.68GWh! National Energy Administration Announces Latest Energy Storage Data

published: 2024-05-13 17:37

On April 29th, at the National Energy Administration's press conference, Bian Guangqi, Deputy Director of the Department of Energy Conservation and Technology Equipment, introduced the latest developments in the construction of ne... more

In 2024Q1, the profitability of China's lithium battery industry chain rebounded month-on-month, and the pace of capacity expansion slowed down

published: 2024-05-13 17:34

Industry chain earnings declined year-on-year Prices of some parts of the lithium battery industry chain continued to decline in 2024Q1, while the decline basically stopped and stabilized at the end of Q1 so far. As of the end of ... more

Expanding Horizons: Turkey's Solar Ambitions Reach Beyond Borders

published: 2024-05-13 17:23

The proliferation of module assembly businesses in Turkey shows no signs of slowing down. Despite protective measures aimed at bolstering domestic manufacturing, industry consolidation seems inevitable. The SolarEX trade fair in I... more

Italy Implements Ban on PV Solar Installations in Agricultural Zones

published: 2024-05-13 17:04

The Italian government has unveiled a fresh decree that enforces a comprehensive prohibition on solar installations within agricultural areas. Notably, this new regulation excludes projects that are currently in the midst of the a... more

Energy storage products are trapped in "homogeneous" competition

published: 2024-05-11 17:42

Since the beginning of this year, major energy storage companies have released new energy storage products with larger capacity, higher energy density and longer life. The mainstream cell capacity in the market has moved from 280A... more

EIA：Photovoltaic power generation will account for more than 60% of new power generation in the United States in 2024, and will surpass hydropower for the first time in 2025

published: 2024-05-11 17:40

A report from the U.S. Energy Information Administration (EIA) stated that total U.S. power generation is expected to grow by 3% in 2024, with photovoltaic power generation accounting for more than 60% of new power generation. In ... more

Granular Silicon's Edge: GCL Technology's Q1 Market Strategy and Outcomes

published: 2024-05-11 17:28

On May 10th, GCL Technology (03800.HK) announced its financial results for the first quarter of 2024. The company reported revenue of approximately RMB 5.47 billion and a net profit attributable to the parent of about RMB 33 milli... more

Major Policy Issued in Lithium Battery Industry to Accelerate the Elimination of Low-End Redundant Capacity

published: 2024-05-11 17:20

New Regulations to Streamline Lithium-ion Battery Industry and Promote High-Quality Development On May 8th, according to a message on the website of the Ministry of Industry and Information Technology (MIIT), in order to further s... more

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