Due to the cumulative build-up of inventory in the overseas market from late last year to early this year, there was a successive decline in inverter shipments during the second and third quarters of 2023. Consequently, the focus ...  more
News
2023 Energy Storage Installation Demand: A Comprehensive Analysis of Global Trends |
published: 2023-12-22 17:59 |
In 2023, the energy storage industry shifted gears from prosperity to intense competition, giving rise to several focal points. Examining the global energy storage market, the installation base remained relatively low from 2021 to...  more
China's Soaring Solar Aspirations: CPIA Revises 2023 Forecast, Expects Up to 180 GW AC Boosted by Large Wind & Solar Bases |
published: 2023-12-20 17:54 |
The China Solar PV Industry Association (CPIA) has once again adjusted its 2023 solar PV installation projections, now anticipating a new capacity ranging from 345 GW AC to 390 GW AC. China is poised to contribute up to 180 GW AC ...  more
EIA Projections: Anticipated Installed Capacity of 3.8GW in the United States from November to December |
published: 2023-12-19 17:38 |
Energy Trend has gathered insights from EIA statistics, revealing that October of 2023 witnessed new installations exceeding 1MW, amounting to 0.18GW. This falls significantly below the anticipated 1.08 GW, marking a 73% year-on-y...  more
Energy Storage Battery Prices Hit New Low at $0.4/Wh, Marking a 6.8% Monthly Decline |
published: 2023-12-06 17:13 |
As per TrendForce's analysis, the battery industry experienced a dip in operational efficiency in November owing to weakened customer demand. Consequently, the prices of key raw materials like lithium, cobalt, and nickel witnessed...  more
Insights and Highlights Summary: ETS 2024 Energy Trend Seminar by TrendForce |
published: 2023-12-05 17:27 |
On November 30, 2023, ETS Energy Trend for 2024, hosted by TrendForce and its new energy research center, EnergyTrend, successfully concluded in Shenzhen. With the overarching themes of Empowering, Integration, and Innovation, the...  more
China Achieves 50% Reduction in Power Prices Through Robust Renewables Integration, Surpassing US and Europe |
published: 2023-11-29 11:44 |
In a recent report, Wood Mackenzie predicts that China is poised to achieve remarkable milestones in 2023, with the potential installation of 230 GW in photovoltaic (PV) and wind capacity, along with an estimated export of over 20...  more
California's Rooftop Solar Mandate Illuminates Potential Pitfalls for National Energy Policies |
published: 2023-11-13 16:04 |
The California rooftop solar policy sends a cautionary signal to the nation, as discussed by four expert panelists during the recent pv magazine Roundtables US 2023 live event. According to their insights, energy storage is poised...  more
China's Shining Bright: A Forecast of Dominance in Solar Manufacturing Until 2026 |
published: 2023-11-08 14:29 |
According to a recent Wood Mackenzie report, China is set to maintain its stronghold on the global solar industry, with over 80% of manufacturing capacity for polysilicon, wafer, cell, and modules expected to be held by the countr...  more
Tongwei Ads in Melbourne, Testimony to Brand Strength |
published: 2023-11-03 17:40 |
The 2023 All-Energy Australia took place in Melbourne on October 25-26, and Tongwei was there, covering all major transportation hubs and high-traffic areas in the city with towering advertisements for its high-efficiency modules ...  more