News

German: Europe's Top 1 Energy Storage Market

published: 2024-04-25 17:42

In 2023, Germany became the largest energy storage market in Europe. Overall, the energy storage installation in Europe increased significantly in 2023. According to the European Association for Storage of Energy (EASE) data, the ... more

Approval Secured for Europe's Largest Battery Storage Project

published: 2024-04-24 17:26

Giga Storage, a Netherlands-based developer, has secured the definitive permit to proceed with the construction of a groundbreaking project in Belgium: the GIGA Green Turtle. This initiative entails the establishment of a massive ... more

US EPA Expects Over 4 GW Distributed Solar Deployment In 5 Years Under Solar for All Program

published: 2024-04-24 17:25

The US Environmental Protection Agency (EPA) has chosen 60 winners for its $7 billion Solar for All program, which was launched in June 2023. The program aims to promote the use of solar pv energy among low-income households and d... more

Investment in Solar Energy by Venture Capital Firms Plunges Amidst Turbulence in Financial Markets

published: 2024-04-24 17:23

Venture Capital Solar Investments Fall as Market Risks Intensify In the initial quarter of 2024, venture capital investments in solar companies have seen a significant decline, with only $406 million being invested, a stark contra... more

Spain launches 1.3 GW synchronous renewables, storage tender

published: 2024-04-24 17:21

Spain's Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has launched a long-awaited capacity tender for synchronous electricity generation from renewable sources and energy storage technologies. The p... more

South Africa: The deployment of large-scale storage projects needs to be accelerated

published: 2024-04-24 17:17

According to relevant surveys, South Africa's electricity market is large, and South Africa's electricity demand in 2022 will be 211TWh, ranking 22nd among the global economies, equivalent to 2.4% of China's electricity demand. Ho... more

Boway Plans to Add 2GW of TOPCon Cells for Accelerating U.S. Production Capacity Layout

published: 2024-04-23 17:35

On April 23,Boway issued an announcement on investing in the construction of solar cell and module expansion projects to increase investment projects and increase the amount of investment. According to the announcement, it plans t... more

Oman’s solar transition roadmap

published: 2024-04-23 17:23

SolarPower Europe has urged Oman to pursue greater integration of renewable energy, liberalize its market structure, and optimize grid infrastructure to meet its ambitious net-zero targets. The recommendations form part of the “Om... more

Solar PPA Costs Hold Steady for Now, Anticipated to Increase Without a Reduction in Interest Rates LevelTen

published: 2024-04-23 17:21

Rising Interest Rates Projected to Drive Future Increases Over the past quarter, there has been a notable stabilization in the prices of solar pv power purchase agreements (PPAs) after a period characterized by escalating costs, a... more

China Installed 45.7 GW New Solar PV Capacity in 2024Q1

published: 2024-04-23 17:18

The National Energy Administration (NEA) of China reported that the country's new solar PV installations increased by approximately 36% annually during the first quarter of 2024. This resulted in the addition of 45.74 GW of new c... more

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