Yingkou Jinchen Co. Ltd. and Waaree Energies Ltd. have strengthened their existing partnership by signing a new sales agreement this August. Jinchen is a Chinese supplier for equipment used in the manufacturing of PV products, whereas Waaree is one of the major Indian suppliers for PV modules. ...  more

China’s Ministry of Industry and Information Technology (MIIT) reported in mid-August that China’s production capacity for rolled PV glass increased by 63.6% year on year for the period from January to July this year. ...  more

In order to reduce the dependence on fossil fuels for power supply, Spain has gradually increased its amount of renewable energy installations. Now Spain has opened the largest solar power plant in Europe "Francisco Pizarro." ...  more

The boom in the NEV market is driving the growth of the demand for Li-ion batteries. In view of this situation, battery suppliers are aggressively building new factories and expanding production capacity. At the same time, they are also investing more and more resources into improving related technologies. ...  more

JYT, a Chinese PV company that provides both equipment and products, announced on August 10 that it will be reallocating the funding that was originally set aside for the development of the Wuhai project to the development of the Leshan project. ...  more

Germany is one of the leading countries in promoting carbon reduction. In the second half of her term, Merkel had largely eliminated reliance on coal-fired power generation. Coupled with its nuclear abolition policy after Japan’s 311 incident, energy is highly dependent on natural gas. Now the Russian-Ukrainian war has put the supply of natural gas into crisis, so Germany has returned to call on these obsolete coal-fired power plants, hoping to restart them as a delaying tactic, but restarting is not as simple as flipping a switch. ...  more

Silicon China, a branch of China Nonferrous Metal Industry Association, released its latest report on the price trends of polysilicon materials used in the manufacturing of PV products on August 17. This update pertains to prices in China during this week (i.e., the week of August 15). ...  more