Solar

Gotion High-tech to build battery factory in Malaysia

published: 2024-08-28 18:09

Chinese battery manufacturer Gotion High-tech will build a battery assembly plant in Malaysia to expand its influence in Southeast Asia, according to Malaysia's national news agency. Cheng Qian, president of Gotion High-tech's Asi... more

In the first half of the year, Canadian Solar 's energy storage sales jumped 3,309%

published: 2024-08-28 18:08

TrendForce learnt that on the evening of August 22, Canadian Solar disclosed its half-yearly report. According to the announcement, in the first half of this year, Canadian Solar realized net revenues of 3.07 billion dollars and ... more

LONGi and TCL Zhonghuan Announce Collective Wafer Price Hike!

published: 2024-08-28 17:42

Starting from August 26, LONGi Green Energy began communicating with customers about an increase in wafer prices. The specific adjustments are as follows: the price of the N-G10L product increased from 1.06-1.08 yuan to 1.15 yuan,... more

Meyer Burger's US expansion plan failed! Main business remains in Germany! IRA is no longer popular!

published: 2024-08-27 18:03

On August 26, Meyer Burger announced the cancellation of its plan to open a 2GW solar cell manufacturing plant in the United States. It issued a statement on the same day saying that it was no longer economically viable to build a... more

In the year of reshuffle in the energy storage industry, who can emerge?

published: 2024-08-27 17:18

China’s large-scale storage market accounts for a high proportion and grows rapidly, which is the main battlefield of the energy storage industry. In 2023, China added 42.9GWh of new installed capacity of front-of-meter energy sto... more

US PV data for H1 2024: 12GW

published: 2024-08-27 16:09

In the first half of 2024, PV leads the U.S. with 12GW of new capacity. According to the latest report from the U.S. Energy Information Administration (EIA), photovoltaic power generation accounted for 59% of all new electricity g... more

Sungrow's H1 2024 Revenue Exceeds 31 Billion RMB, Leading Globally in Energy Storage Systems

published: 2024-08-27 16:06

On the evening of August 23, TrendForce learned that Sungrow released its 2024 semi-annual report. During the reporting period, Sungrow achieved an operating revenue of 31.02 billion RMB, an 8.38% year-on-year increase; operating ... more

UK to raise energy price cap by 10% in October

published: 2024-08-27 16:03

Britain's energy price cap will rise by 10% in October, pushing up bills for millions of households at the start of the winter heating season. The level will rise to £1,717 ($2,251) from October 1, driven by higher electricity and... more

EVE 's energy storage battery shipments doubled in the first half of 2024

published: 2024-08-26 16:39

TrendForce learned that on the evening of August 22, EVE released its 2024 first-half annual results report. According to the report, during the reporting period, EVE achieved a total operating income of 21,659,398,600 yuan, a net... more

China Achieves 2030 Wind and Solar Power Installation Target Five Years Ahead of Schedule

published: 2024-08-26 16:10

On August 23, China's National Energy Administration released statistical data on the national power industry for the period from January to July. By the end of July, the country's total installed power generation capacity reached... more

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