Analysis

China Module Prices Decline Amid Weak Demand and Oversupply Pressures

published: 2024-07-05 14:42

Prices for Chinese solar modules have reached record lows, according to the latest data from OPIS. The benchmark assessment for TOPCon modules from China has fallen to $0.100 per watt, a decline of $0.005 per watt compared to the ... more

Cumulative shipments of 210mm modules surpass 260GW, with seven of the top 10 module makers mass producing 210mm n-type modules

published: 2024-07-04 17:25

According to TrendForce, 210mm technology has led to the widespread adoption of this size across all segments of the industry chain. By the first quarter of this year cumulative shipments of 210mm modules (including 210R) had surp... more

LG Energy Solution Halts Arizona ESS Battery Plant Construction Amid Market Adjustments

published: 2024-07-01 17:07

LG Energy Solution has halted the construction of its energy storage system (ESS) battery production line at its Arizona plant in the United States. Seven months ago, the company broke ground on this project in response to a stagn... more

Polysilicon prices have been lowered again, and companies continue to overhaul

published: 2024-06-27 18:05

Polysilicon prices fell slightly this week. The transaction price range of n-type rod silicon was 39,000-42,000 yuan/ton, and the average transaction price was 40,000 yuan/ton, down 0.25% month-on-month. The transaction price rang... more

Wood Mackenzie: U.S. module capacity added in the first quarter breaks record

published: 2024-06-17 17:37

In the first quarter of this year, the United States added 11GW of new solar panel production capacity, breaking the historical record and becoming the fastest growing quarter in the history of the U.S. photovoltaic manufacturing ... more

Europe’s Battery Capacity Surpasses 20 GW

published: 2024-06-04 16:45

Norway aims to be a leader in the battery storage market in the Nordic region, but Sweden and Finland have surpassed it in BESS deployments. Jon Ferris, an analyst at research firm LCP Delta, examined the energy storage market dyn... more

U.S. Tariff Hikes Expected to Boost ESS Installation Capacity

published: 2024-06-03 17:39

The new tariffs imposed by the U.S. target several sectors, including steel and aluminum products, semiconductors, electric vehicles, lithium-ion batteries and their components, critical minerals, solar cells, harbor cranes, and m... more

China’s Top 3 Export Markets: The U.S., Germany, and South Korea; Reasons Behind the Continuous Decline in China's Lithium-ion Battery Export Value from Jan to Apr 2024

published: 2024-05-31 17:14

According to CIAPS statistics, from January to April 2024, the export volume of lithium-ion batteries was 1.17 billion units, a 3.8% increase from the previous year. During the same period, the export value of domestic lithium-ion... more

China Retains Market Advantage in Battery Development Despite US Raising Tariffs on Chinese Battery Imports to 25%, Says TrendForce

published: 2024-05-30 16:57

On May 14, the White House announced significant tariff increases on Chinese EVs and batteries. EV tariffs will jump from 25% to 100%, and battery tariffs will rise from 7.5% to 25%. TrendForce posits that Chinese EVs account for ... more

NEV Sales Increase 16.9% in the First Quarter of 2024 While PHEV Sales Surge Nearly 50%, Says TrendForce

published: 2024-05-30 16:55

According to TrendForce Global Automotive Reports, the global sales of NEVs (including BEVs, PHEVs, and FCEVs) surged to 2.842 million units in 1Q24—making a 16.9% YoY increase. Notably, this is the first time in three years that ... more