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China's Photovoltaic Installation Data and Residential Market Development Analysis for the First Half of 2024

published: 2024-07-31 15:40

Recently, the National Energy Administration released data on photovoltaic (PV) power construction for the first half of 2024. As of June 30, 2024, China added 102.48 million kilowatts of new PV installations, an increase of 24.05... more

Opportunities and challenges in Southeast Asia's photovoltaic market

published: 2024-07-30 17:59

Sunny Southeast Asia has made great strides in solar energy in recent years, with ASEAN countries now having more than 20GW of solar farm capacity. Despite rapid growth and ambitious renewable energy targets, countries in the regi... more

Global Green Transition Accelerates, and Demand for Large-scale Energy Storage Explodes in Emerging Markets

published: 2024-07-30 17:57

1. Australia Australia's power market volatility and the frequency of negative tariffs for energy storage create good conditions for profitability. Under the background of accelerated energy transition, Australia's short-term ener... more

Duty-free photovoltaic modules, lithium-ion batteries, inverters in Serbia

published: 2024-07-30 17:43

The Free Trade Agreement (FTA) between China and Serbia has entered into force earlier this month. This is the first FTA signed between China and a Central and Eastern European country. Under the terms of the FTA, PV modules expor... more

China's PV Industry Faces 'Ice and Fire'

published: 2024-07-30 17:42

"The development of the PV industry last year could be described as 'mixed blessings,' but now it's a case of 'ice and fire,'" stated Wang Bohua, Honorary Chairman of the China Photovoltaic Industry Association, at the "2024 Mid-Y... more

The gross profit margin of CATL's energy storage business in the first half of the year was 28.87%!

published: 2024-07-29 17:55

TrendForce has learned that on July 26, CATL released its financial results for the first half of 2024. According to the semi-annual report, CATL achieved a total revenue of 166.767 billion yuan in the first half of the year, a ye... more

Germany drafts new bill to speed up approval process for PV, wind power, energy storage

published: 2024-07-29 17:49

Ensuring“acceleration zones,”wind and solar PV parks, and energy storage projects, Germany's federal cabinet on Wednesday approved a draft law aimed at shortening the project approval process, a move that fulfills the requirements... more

Australia plans to promote the development of VPP to accelerate the replacement of coal-fired power with new energy

published: 2024-07-29 17:48

On July 25, the Australian Energy Market Commission (AEMC) issued a proposal to allow virtual power plants (VPPs) to compete directly with large power plants in the energy market, which will help promote photovoltaics to play a gr... more

Signed four consecutive cooperation in a single month! EVERYWHERE lithium power!

published: 2024-07-29 17:47

On July 23, EVE Energy announced that it had signed a memorandum of the agreement, Infineon will provide a complete set of chip solutions for the new generation of battery management systems, covering key components such as microc... more

India may resume Chinese photovoltaic investment in India

published: 2024-07-26 17:22

According to foreign media reports, two government sources said that India may relax restrictions on Chinese investment in non-sensitive industries such as solar module and cell manufacturing. Due to India's lack of professional e... more

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