News

Glennmont Partners announced on March 1 that it has extended its pipeline of PV projects in Spain by acquiring a 161MW portfolio from Grupotec. Based in the UK, Glennmont is an investment fund that specializes in alternative energy projects. It became a subsidiary of US-based asset managing firm Nuveen last year. As for Grupotec, it is a Spanish EPC firm with 14 years of experience and 1.2GW of generation capacity installed. ...  more

Tesla China once again broke a new sales record with 56K units of vehicles sold in February alone under a YoY growth of 208%. ...  more

Since the first certificate issued by the National Renewable Energy Certification Center of the Bureau of Standards, Metrology and Inspection, MOEA, the number of issued renewable energy certificates (T-RECs) has exceeded one million up to February of this year, equaling approximately 1.06 billion kWh of green electricity, and approximately 534,000 metric tons of reduced carbon. ...  more

Kyoto Fusioneering announced that it will be establishing the first pilot factory for power generation through nuclear fusion in the hopes of producing CO2-free energy. ...  more

JA Solar’s production base in Qujing will undergo third-phase expansion to raise its cell production capacity by 10GW and its module production capacity by 5GW. ...  more

The war in Ukraine has amplified Germany’s intention in extricating from the dependency on Russia’s fossil fuels. ...  more

The price of nickel has soared for several days. It soared to more than US$100,000 per ton for the first time in early trading on March 8th, an increase of as much as 250% for two consecutive days. ...  more

Tesla's new 4680 battery accumulated production of one million battery cells last week. This battery will be a key part in Tesla’s efforts to improve battery life and reduce costs but, in fact, one million battery cells is a drop in the bucket. ...  more

At its latest earnings call held on February 25, US-based power company AES announced that it has signed nearly 5GW worth of PPAs for renewable energy in 2021, thereby surpassing its original target of 3-4GW. ...  more

Awaluddin Hafid, general manager of Indonesia’s State Electricity Company (PLN) for South, Southeast, and West Sulawesi, announced on March 3 that the Selayar Hybrid Solar Power Plant (PLTS) will soon enter operation within the first half of this year. ...  more