News

SunPower Struggles Amidst a Shaky Residential Solar Market: Challenges and the Road Ahead

published: 2024-03-20 15:33

SunPower Stumbles Amidst a Shaky Residential Solar Market SunPower, a major player in the rooftop solar industry, has een grappling with financial difficulties recently. A subsidiary breached a credit agreement, raising concerns a... more

Foxconn and Xuzhi Capital plan to establish a 7 billion yuan green energy development fund

published: 2024-03-20 15:16

TrendForce has learned that Foxconn on March 13 2024 announced that it had signed an agreement with Xuzhi Capital, which plans to establish a green energy asset management company and launch a green energy development fund to join... more

European grids in 19 countries lack over 200GW of capacity for solar by 2030

published: 2024-03-19 17:56

According to the latest report from the energy think tank Ember, a number of European countries have underestimated the installation of solar PV by 205GW by 2030. The report, titled "Putting the mission in transmission: Grids for ... more

India's Ambitious Solar Push: Boosting Rooftop Solar to Drive Clean Energy Adoption

published: 2024-03-19 17:52

A $9 Billion Push for Clean Energy Gone are the days of bureaucratic hurdles and hefty upfront costs for rooftop solar in India. Just a few years ago, installing solar panels was a tedious process involving numerous approvals, unr... more

US BESS installations ‘surged’ in 2023 with 96% increase in cumulative capacity, ACP says

published: 2024-03-19 15:24

US BESS installations ‘surged’ in 2023 with 96% increase in cumulative capacity, ACP says The operating capacity of battery storage in the US grew by 7.9GW last year, bringing the country’s total cumulative installed base to 17GW ... more

U.S. PV and Energy Storage new installations hit record high in 2023 while onshore new installations slow down

published: 2024-03-19 15:20

Recently, the American Clean Energy Association (ACP) released the 2023 Clean Energy Annual Market Report.According to the report, in 2023, the U.S. clean energy new installed capacity reached an all-time record of 33.84GW, an inc... more

Victorian government expands community batteries, reports record hot water rebates

published: 2024-03-18 15:49

The Solar Homes Hot Water Rebate program in Victoria has experienced a significant surge, with a 224% increase in applications from 2023. A total of 16,132 applications have already been submitted, prompting the state government t... more

Powering Up the Future: Global PV Trends in March

published: 2024-03-18 15:47

Global PV Sector Surges in February: Strong Performance, Rising Prices, and March Outlook The photovoltaic (PV) sector witnessed a remarkable performance in February, with the photovoltaic manufacturing (Changjiang) index surging ... more

Bulgaria Launches Renewables Energy & Storage Tenders

published: 2024-03-18 15:39

The Ministry of Energy in Bulgaria has launched 2 separate calls to build new renewable energy capacity and energy storage facilities in the country with more than BGN 535 million ($298 million) budget. The BG-RRP-4.032 tender wil... more

Trina Solar will supply 135MW modules for the Merak 1 project in South Africa

published: 2024-03-18 15:30

Trina Solar signed an agreement in Johannesburg, South Africa. According to the agreemen, Trina Solar will provide 135MW Vertex 670W bifacial modules for the Merak 1 project. The project will be put into operation by the end of 20... more

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