EnergyTrend has identified a significant surge in orders within the energy storage market recently. According to data from Caixin Press, the field of energy storage dominated carbon-neutral financing in May, with a total financing... more
News
Narada Power wins an additional $210 million energy storage power plant project in 2023, with a total capacity of 6 GWh. |
| published: 2023-07-03 15:16 |
EnergyTrend reports that according to a recent announcement by Narada Power on June 26, the company has received a bid-winner notice for building a centralized shared energy storage power plant in Dancheng County. The bid amount f... more
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
