Solar

Swedish Solar Manufacturer Midsummer Secures €8 Million Investment for Italian CIGS Thin-Film Factory

published: 2024-07-02 17:38

Recently, Swedish thin-film solar manufacturer Midsummer announced it has secured approximately €8 million ($8.6 million) in funding to support its copper indium gallium selenide (CIGS) thin-film cell manufacturing project in Ital... more

China's photovoltaic module production exceeds 500GW in 2023, a year-on-year increase of more than 75%!

published: 2024-07-02 17:19

Development of the global module industry From the perspective of industry scale, by the end of 2023, the global module production capacity and output will reach 1103GW and 612.2GW, respectively, up 61.6% and 76.2% year-on-year, ... more

Austria Achieves 2.6 GW Increase in Solar PV Capacity in 2023

published: 2024-07-02 16:43

Austria installed 2.6 GW of new solar capacity in 2023, nearly tripling its annual additions and bolstering employment in the sector. With this increase, Austria's cumulative installed solar PV capacity reached 6,395 MW by the end... more

China’s Solar PV Installations Surge to Nearly 690 GW, Reports NEA

published: 2024-07-02 16:08

China's National Energy Administration (NEA) reports that the country installed over 79 GW of new solar photovoltaic (PV) capacity in the first five months of 2024. This includes more than 19 GW added in May alone. With these addi... more

The total global wafer production capacity was about 974.2GW

published: 2024-07-02 12:22

(1) The development of the global silicon wafer industry in 2022 By the end of 2023, the total global wafer production capacity was about 974.2GW, up 46.7% year-on-year, and the output was about 681.5GW, up 78.8% year-on-year. Fro... more

Total global cell production capacity exceeds TW

published: 2024-07-02 12:08

(i) Development of the global cell industry By the end of 2023, the total global cell capacity reached 1,032GW, exceeding the TW mark; the total global cell production reached 643.6GW. It is worth mentioning that n-type cells perf... more

Europe Completes De-Stocking, Emerging Markets See Surge in Installations

published: 2024-07-01 17:36

After 2020, the energy crisis in Europe caused electricity prices to soar, making residential storage much more economically viable. Additionally, the Russian-Ukrainian conflict in 2022 further boosted demand for residential stora... more

Development of polysilicon industry in 2023

published: 2024-07-01 17:11

1. Development of the global polysilicon industry in 2023 By the end of 2023, the global total polysilicon production capacity will be approximately 2.458 million tons/year, an increase of 83.3% year-on-year; in 2023, the global p... 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

EU's Net Zero Industry Act comes into force

published: 2024-07-01 17:06

The European Union has published the Net Zero Industry Act (NZIA) in the Official Journal of the European Union (OJEU), i.e., it comes into force on June 29 for all 27 member states. The Act is designed to counter the U.S. Inflati... more

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