renewable energy

IRS Releases New Proposal for IRA Renewable Energy Tax Credits

published 2024 年 06 月 04 日 15:01

On June 3rd, the U.S. government proposed new incentives under the Inflation Reduction Act (IRA) that would provide tax credits for electricity with low or zero greenhouse gas emissions, thereby aligning financial assistance with ... more

EC launches EU Supergrid program to make Europe's power grids “interconnected and highly resilient”.

published 2024 年 06 月 03 日 17:11

On May 30th, EU energy ministers at the Energy Council meeting approved a proposal to pave the way for an“interconnected and highly resilient European Supergrid”, in an effort to realize and deepen European grid integration and pr... more

China's Plan for Renewable Energy and Carbon Reduction by 2025

published 2024 年 05 月 30 日 16:48

On May 29, the State Council issued the "2024-2025 Energy Conservation and Carbon Reduction Action Plan," emphasizing the acceleration of non-fossil energy development. The document mandates focusing on constructing large wind and... more

Mackenzie：China's Renewable Energy Manufacturing Costs 200% Lower Than West's

published 2024 年 05 月 29 日 18:03

A new report from Wood Mackenzie reveals that in major competing markets, Chinese renewable energy manufacturers are 200% cheaper to manufacture than Western players. Rapidly falling prices, combined with integrated supply chains ... more

The emergence of Pakistan's commercial and industrial (C&I) solar industry

published 2024 年 05 月 29 日 18:01

Industrial consumers in Pakistan are increasingly turning to solar arrays due to the high energy prices and tariffs. According to CEO Omar Malik of Shams Power, industrial consumers currently face a tariff of $0.12/kWh, in additio... more

Tesla's Shanghai Energy Storage Superfactory officially opened with an annual capacity of 40GWh!

published 2024 年 05 月 24 日 17:26

On May 23, Tesla held a groundbreaking ceremony for its Shanghai Energy Storage Superfactory in Lingang, Shanghai. Following the ceremony, Lingang Group and Tesla signed a contract for China's first batch of Megapack ultra-large c... more

China's NEA Reports 52.4% YoY Growth in Solar Capacity to 67 GW by April

published 2024 年 05 月 23 日 17:09

On May 23, the National Energy Administration released statistical data for the national power industry from January to April. From January to April 2024, new installations of wind power and photovoltaic (PV) were 16.84GW and 60.1... more

Looking at the photovoltaic installed capacity before 2030 from the COP28 annual report：An average of 1,000 gigawatts are added every year

published 2024 年 05 月 22 日 17:35

On May 13, Dr. Sultan Al Jaber, Chairman of COP28, formally tasked the International Renewable Energy Agency (IRENA) to develop a special annual report to implement the UAE Consensus at the end of 2023 on "triple the global renewa... more

EIA：Photovoltaic power generation will account for more than 60% of new power generation in the United States in 2024, and will surpass hydropower for the first time in 2025

published 2024 年 05 月 11 日 17:40

A report from the U.S. Energy Information Administration (EIA) stated that total U.S. power generation is expected to grow by 3% in 2024, with photovoltaic power generation accounting for more than 60% of new power generation. In ... more

48% of renewable energy tenders for large-scale ground power stations in India come from photovoltaics

published 2024 年 05 月 09 日 17:18

In fiscal year 2024, India's renewable energy bidding capacity for large-scale ground power stations more than tripled to 69.8GW, 48% of which came from solar photovoltaics. According to a report by the Institute for Energy Econom... more

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