Trina to build 25 GW ingot factory, Longi reduces wafer prices by 30%
Longi said today it cut the prices of its wafer products by 30% and Trina announced it will build a 25 GW monocrystalline ingot factory in the Sichuan province. Furthermore, the National Bureau of Statistics (NBS) revealed that the Chinese PV industry produced 39.92 GW of solar cells in April, and Datang Group unveiled the results of a tender to procure 8 GW of solar panels.
‘Huge subsidy fest’: Australia has the critical materials, but can it compete in the manufacturing race?
A global race is underway to capture the manufacturing market for clean energy technologies. While lady lucky has certainly shone on Australia, competition is fierce, experts say.
VPP consolidation platform seeks to remedy the sales impasse for installers
Despite their promise, adoption rates of Virtual Power Plants (VPPs) in Australia have been underwhelming. Head of Renewable Energy Finance at Plenti, Louis Edwards, says the issue stems from VPP operator’s overlooking their point of sale. “It’s too much risk the installer takes and they don’t do it,” he tells pv magazine Australia.
Energy majors dominate list of world’s leading big PV developers
Wiki-Solar’s latest league table of utility-scale solar project developers shows that only six renewable specialists occupy the top 20 spots.
Unprecedented numbers, size, market growth for China’s SNEC show
The world’s largest solar event has expanded to accommodate the remarkable growth of China’s PV industry, which remains unfazed by future oversupply and international competition. Analysts and market players say Chinese PV demand could reach 130 GW.
IEA report reveals shift to clean energy accelerating
Solar has been described as the “star performer” by the International Energy Agency which has forecast that global investment in clean energy is on course to rise to $2.61 trillion (USD 1.7 trillion) in 2023, with spending on solar set to eclipse outlays on oil for the first time.
Chinese solar exports rose by 64% in 2022, says Wood Mackenzie
China exported 154 GW of PV modules, 24 GW of solar cells, and 41 GW of wafers in 2022. In 2026, annual cell and wafer exports could hit 230 GW and module shipments could reach 149 GW, according to Wood Mackenzie.
Sungrow unveils power optimiser for rooftop PV systems
Sungrow’s new power optimiser has a rated input power of 600 W, a maximum efficiency rating of 99.4%, and a weighted efficiency of 98.8%. It can accommodate up to 30 modules per string.
To be a hydrogen superpower, Australia requires 812 GW of renewables by 2050, BNEF says
To reach net zero by 2050, Australia will need 300 GW of wind and solar, and $413 billion (USD 2.72 billion) of investment, according to BloombergNEF. To reach hydrogen superpower status, that figure balloons to 812 GW of renewables and $739 billion of investment.
Australia and India establish hydrogen taskforce, deepen renewable ties
Australia and India will establish a Green Hydrogen Taskforce, with prime ministers today agreeing to the Taskforce’s terms of reference. The meeting strengthens ties between India and Australia in relation to renewable energy ambitions and manufacturing, with plans extending to critical mineral and solar manufacturing.
