News

South Africa: 10% import tax on imported photovoltaic products, China is not exempted!

published: 2024-07-04 17:59

In an effort to establish local solar manufacturing capabilities, South Africa has imposed a 10% import tariff on solar PV module and cell imported into the country. Previously, these products were exempt from import duties. The l... more

Leaving Southeast Asia, where should Chinese photovoltaic enterprises go overseas?

published: 2024-07-04 17:58

Going overseas is not a new topic in the photovoltaic industry. However, the recent US trade policy has caused a wave of turbulence, and the overseas expansion path of Chinese photovoltaic companies is being reshaped. "The preferr... more

Indonesia issues new quota for rooftop solar system development

published: 2024-07-04 17:57

In June 2024, Indonesian authorities issued a quota for the development of rooftop solar systems by the state electricity utility PLN for the period 2024-2028, aiming to add 5.75GW of installed PV capacity to the country. Indonesi... more

Tesla's energy storage product deployment hit a record high, and the company signeer a large energy storage order

published: 2024-07-04 17:54

TrendForce has learned that on July 2, Tesla's production and delivery report for the second quarter of 2024 was released. According to the report, in terms of energy storage product deployment, Tesla's installed energy storage ca... more

LG won a large order for lithium iron phosphate batteries

published: 2024-07-03 17:59

On July 2, LG Energy Solution (LGES) announced an important cooperation. The company will supply lithium iron phosphate batteries for Ampere, a subsidiary of Renault electric vehicles. It is reported that this is also LG Energy So... more

Poland’s Capacity Market Rule Change Could Deal a Major Blow to Battery Storage Systems

published: 2024-07-03 17:37

The Polish government recently announced a reduction of the derating factor for battery energy storage systems to 57% in the country’s upcoming capacity market auction. This announcement has sparked significant concern in the indu... more

692TWh! First 50% of EU renewable energy generation in first half of 2024

published: 2024-07-03 17:36

Eurelectric, the European electricity trade association, has released the latest data on Europe's energy mix, with renewables accounting for more than half of Europe's electricity supply in the first half of this year. Europe is d... more

Japan: Renewable energy accounts for 38% in 2030! 363GW in 2035! Net zero emissions in 2050

published: 2024-07-03 17:35

Solar power and storage play a central role in Japan’s goal of strengthening energy security. As Asia’s economic powerhouse, Japan has become a global leader in the transition to carbon neutrality. Although Japan's energy self-suf... more

Unlocking 15 GW of U.S. Household Energy to Meet Electricity Demand Affordably

published: 2024-07-03 12:00

A Deloitte report highlights the potential of distributed energy resources (DER) to aid the U.S. in meeting its climate objectives while enhancing grid efficiency. As more households transition to electrified appliances, heating a... more

Energy Ministry Launches Comprehensive Survey for Solar and Wind Projects in Preparation for 20 GW Annual Tender

published: 2024-07-03 10:08

Saudi Arabia is launching an extensive geographic survey to locate optimal sites for new renewable energy projects. The survey will cover over 850,000 square kilometers, excluding populated areas, sand dunes, and regions with airs... more

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