News

Experts Estimate Cost of Wind Energy to be Further Reduced by Up to 35% in 2035

published: 2021-07-14 9:30
The cost of wind power will only continue to fall with the introduction of larger and more efficient wind turbines, as well as lower capitals and operating cost. According to the study of the Lawrence Berkeley National Laboratory (LBNL), the cost of wind power is expected to decrease by 17-35% in 2035, followed by another reduction of 37-49% in 2050. ...  more

Can the US Solar Industry Compete with Chinese Suppliers Who Account for 60% of the World’s Solar Panels?

published: 2021-07-14 9:30
China has been a manufacturing leader of solar panels thanks to the substantial degree of subsidies provided by the Chinese government, which has resulted in the inability of the other overseas suppliers to compete; this includes suppliers from countries like the US, which has actually produced an insignificant level of solar panels despite the increasing demand for the product. ...  more

New Offshore Wind Power Installation in Taiwan to Reach Mere 490MW Owing to Impact from Pandemic

published: 2021-07-14 9:30
Taiwan’s monsoons mean that offshore wind power installations can be carried out only six months every year. Unfortunately, the proliferation of the COVID-19 pandemic in 1H21 has delayed most of these installations. Taiwan’s MOEA (Ministry of Economic Affairs) subsequently declared that a total of 429 MW in wind power will likely be installed this year, with the shortfall in capacity to be compensated for by the end of 2022. ...  more

Large Scale: One of Three New Technologies

published: 2021-07-13 17:40
Large-Scale: Cost Decreasing, Benefit Increasing and A Round of New Needs, with The New Era of Equipment Manufacturers Large Scale is beneficial of cost decreasing and benefit increasing. It is anticipated that large-scale produ...  more

A Cheaper and Safer Next Generation Nuclear Technology to Debut in 2025 as a Floating Nuclear Plant

published: 2021-07-13 9:30
What is so special about the floating nuclear plant of Copenhagen startup Seaborg Technologies? This power plant that has a similar size to a container has a power generation capacity of 200MW, and is adopted with a highly secure nuclear reactor that is affordable, easy to transport, and can be modularized. The power plant can be mass produced into several thousands of units before they are installed on ships, which transcends from the usual impression of power plants. ...  more

Meyer Burger Obtains Funding for Expanding Its Module Production Capacity by 400MW by 2022

published: 2021-07-13 9:30
Renewable energy news outlets reported in the middle of June that Meyer Burger, a Swiss provider of manufacturing equipment for PV products, has secured a €125 million loan from German financial institution Ostsächsische Sparkasse Dresden and a €60 million loan from another unnamed German financial institution to expand its production capacity. Meyer Burger has also revealed that it intends to build a new module production plant. The company currently has a cell production plant and a module production plant in Germany, and both facilities have just entered operation in the recent months. ...  more

Shangluo Battery Industrial Park in Shaanxi Enters a New Phase in Its Development

published: 2021-07-12 9:30
The official ceremony to herald the start of the operation of Shangluo New Material and Battery Industrial Park was held on May 31. The new industry cluster is situated in the High-Tech Development Zone of Shangluo, a city in the Chinese province of Shaanxi. The total investment in this project is estimated to amount to around RMB 1.09 billion. ...  more