Thanks to high electricity prices and declining installation costs, more and more homeowners in Australia are putting up solar panels on their roofs to cut down their utility bills. While this is a very positive development for the country’s solar market, a serious environmental downside has emerged from the surge of demand for residential PV systems. ...  more

According to the latest report of Trendforce, titled “ 2019 China IGBT Industry Development and Market Report”, China IGBT market scale in 2018 is expected to be RMB 15.3 billion, representing a year-on-year increase of 19.91%. ...  more

According to the latest research by EnergyTrend, a division of TrendForce, the market of new energy vehicle will continue to grow steadily, driving the demand for xEV batteries, despite the slowdown in global automotive market since 2018. The global demand for lithium-ion batteries used in new energy passenger cars is estimated to reach 155GWh in 2019, a growth of 63% from 95GWh in 2018. ...  more

The largest Lithium-ion battery storage installation in the state of Colorado which ENGIE North America developed and constructed for United Power was inaugurated earlier this week. United Power is an electric power cooperative that serves some 200,000 customers and communities north of Denver. ...  more

The Taiwanese Ministry of Economic Affairs (MOEA) has announced a 10.17% decrease to next year’s feed-in tariff (FIT) rates for solar PV installations, which is much higher than the average decrease of 4.25% in the global PV industry. This will make 2019 a tough year for Taiwan’s PV industry, with wider-than-expected impacts on the whole market. ...  more

The progress in the development of offshore wind power has been slower compared with the progress in the development of land-based wind power. ...  more