News

5 years! Tongwei signs long term order for GW-scale PV

published: 2024-10-30 9:18

During the All-Energy Australia 2024 event, Tongwei signed a future strategic distribution agreement with Blue Sun Group, a leading Australian distributor. Under the agreement, Tongwei will supply 1GW of high-efficiency modules to... more

In the first three quarters, Tesla shipped 20.4 GWh of energy storage systems!

published: 2024-10-30 9:17

TrendForce recently learned that Tesla's official Weibo account disclosed the installation volume of its energy storage products. In the third quarter, Tesla's energy storage product installations reached 6.9 GWh, a 73% year-on-ye... more

First, Sveck, and Betterial Dominate the TOP 3; 2024 H1 Global PV Encapsulation Film Shipment Rankings Released

published: 2024-10-26 9:22

Thanks to the momentum of dual carbon targets, global demand for solar PV installations continues to rise, leading to growing demand for encapsulation films, a key material that determines the quality and longevity of PV modules. ... more

Polysilicon Market: Tongwei leads the way with full production, industry supply/demand and cost pattern reshaping to 2025

published: 2024-10-26 9:04

Currently, there is a significant difference in operating rates among top-tier enterprises. For example, Tongwei is operating at full capacity, with a 100% operating rate, while GCL and Daqo New Energy have operating rates fluctua... more

SVOLT Energy Suspends Construction of Two German Battery Plants Amid Industry Challenges

published: 2024-10-26 9:03

SVOLT Energy Technology has decided to suspend the construction of its two battery plant projects in Germany, with no set timeline for resumption. Public information reveals that SVOLT had originally planned to build two factories... more

Saudi Arabia Awards 3.7 GW PV IPP Contracts: Chinese and Global Firms Secure Key Projects

published: 2024-10-24 18:39

Saudi Arabia's latest PV IPP tender, totaling 3.7 GW, is divided into four projects. State Power Investment Corporation (SPIC) subsidiary Guodian Power, Masdar, and South Korea's KEPCO won the development rights for the largest 2 ... more

Trina Storage signs project supply agreement with Lower 48 Energy in the UK

published: 2024-10-24 18:38

Recently, Trina Storage, the world's leading provider of energy storage products and solutions, signed a project supply agreement with Lower 48 Energy, an independent power producer in the UK, to provide energy storage systems and... more

U.S. Department of Commerce Considers Withdrawing Double Anti-tariffs on Some Chinese Photovoltaic Products

published: 2024-10-24 18:37

On 21 October, the U.S. Federal Register published a notice that the U.S. Department of Commerce is initiating Changed Circumstances Reviews (CCRs) to consider partially reversing the anti-dumping and countervailing duties (AD/CVD... more

U.S. Biden Administration Extends 25% Chip Tax Credit to Wafers and Solar Wafers

published: 2024-10-24 18:36

Recently, the Biden administration formalised new rules for a 25% tax credit for semiconductor manufacturing projects, a move that marks a significant expansion of eligibility for the much-anticipated incentive programme in the CH... more

ALMM causes 5GW of PV projects originally scheduled for commissioning in 2024 to be postponed to 2025

published: 2024-10-24 18:35

According to the "India Solar Open Access Market Report for the Second Quarter of 2024" released by Mercom, India added 3.6GW of solar open access capacity in the first half of 2024, an increase of 153% from 1.4GW in the first hal... more

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