News

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

Accelerating Saudi Arabia’s Renewable Power: 300% Growth Forecast By 2030–Report

published: 2024-04-22 16:37

Saudi Arabia is intensifying its efforts to expand share of non-oil fuels in response to rising power demand and a desire to diversify its energy mix. Initiated in 2016, the Saudi Arabia Vision 2030 initially aimed to deploy 9.5GW... more

The price of high-purity quartz sand has fallen by more than 20%, and the U.S. may upgrade import barriers for bifacial modules

published: 2024-04-22 16:33

Industry Chain Prices Main chain, affected by inventory, the prices of silicon materials and TOPCon cells have slightly declined this week. On the P-type side, the price of silicon materials has fallen by 1.5 yuan/kg (0.004 yuan/W... more

The recovery of bid-winning data has pushed the installation forecast upward

published: 2024-04-22 16:18

At the end of 2023, the winning data of energy storage bidding was weak, forming a poor expectation of demand in 2024. It takes 2 months for energy storage projects to confirm the winning bidder from bidding and 3months from winni... more

Chile launches an energy storage project which is the largest one in Latin America

published: 2024-04-19 17:46

On 17 April, France's Engie Group launched the BESS Coya Porject in María Elena, Antofagasta Region, Chile, which is currently the largest energy storage system in Latin America. The project is planned to have an installed capacit... more

Netherlands allocates €100 million for battery storage subsidies

published: 2024-04-19 17:42

The authorities in the Netherlands have allocated €100 million in subsidies to the deployment of battery storage with solar projects for next year, as the country continues to struggle with a lack of power flexibility and grid lim... more

Tapping into Grid Potential: Advanced Technologies Offer 20-100 GW Boost to US Capacity

published: 2024-04-19 17:38

A Revolutionary Step Towards a More Robust and Efficient US Power Infrastructure The United States Department of Energy (DOE) has recently outlined an ambitious plan to enhance the capacity of the existing power infrastructure by ... more

First of 2,600 battery units arrive for installation at Australia’s biggest grid “shock absorber”

published: 2024-04-19 17:36

The initial delivery of 2,600 battery units has arrived in Australia for the Waratah Super Battery project in New South Wales. The project, located at the former Munmorah coal-fired power station, is set to become Australia's larg... more

MNRE releases draft guidelines for residential rooftop solar subsidy scheme

published: 2024-04-18 17:22

The Ministry of New and Renewable Energy has released the draft guidelines for PM Surya Ghar: Muft Bijli Yojana which is aimed at installing rooftop solar (RTS) plants in one crore (10 million) households with subsidy (central fin... more

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