China

The price of polysilicon last week reached its highest level because 2011 and, according to Chinese module manufacturer JinkoSolar, there are no visible indicators that it might drop this year, as anticipated by numerous experts.

Tongwei has actually warned of ongoing tight supply of solar PV materials after recording an enter 2021 revenue over of 50%.

Chinese solar item manufacturer JA Solar Technology Co Ltd (SHE:002459) last week revealed an ambitious plan to add about 14 GW to its existing integrated production capacity with projects at home and in Vietnam.

Analysis from RatedPower discovered growth will certainly be led by nations with supportive federal government and also financial investment

To fulfill its climate targets, China-- the world's biggest greenhouse gas emitter-- is preparing policies that will enable the "green and low-carbon change" of its energy system, which has typically been dominated by coal. Beijing aims to bring complete wind and also solar capacity to 1,200 gigawatts (GW) by the end of 2030, almost double the current level, and also will gradually phase down fossil fuel use in a bid to become carbon neutral by around 2060.

Auxin Solar has actually asked the US Department of Commerce to investigate whether Southeast Asia-based business are circumventing United States anti-dumping as well as countervailing responsibility (AD/CVD) orders on cells as well as modules from China.

Risen Energy has actually accepted purchase 15 GW HJT cell as well as module factory in Ningbo Glass manufacturer Jinjing Technology anticipates as much as 323% net profit growth in 2021

Head of state Joe Biden's transfer to extend tariffs on imported solar modules as well as cells will misshape international trade, China's commerce ministry has stated.

A 100MWh gravity-based energy storage system established by Energy Vault is expected to begin building and construction in China in the second quarter of this year, the Swiss-American startup has actually claimed.

Energy Vault has actually announced a License and Royalty arrangement for renewable resource storage with Atlas Renewable and their bulk capitalist China Tianying, an international environmental management and waste removal company. The agreement sustains the implementation of Energy Vault's proprietary gravity energy storage modern technology and energy administration software program platform within mainland China as well as the Special Administrative Regions (SAR) of Hong Kong and Macau.

Elsewhere, several hydrogen projects were introduced in Norway, Germany, India, China and also the UK. Royal Dutch Shell started operations at the power-to-hydrogen electrolyzer in China as well as Germany's Linde Engineering authorized a contract for the construction a green hydrogen demo plant in Norway. In Addition, Green Hydrogen Systems signed a supply agreement with Edinburgh-based Logan Energy to deliver electrolysis tools for a project in England.

LONGi has actually increased its wafer rates for a second time in simply over a month as hopes of falling prices fade as well as China shuts down for a week for its annual Luna New Year holiday.

Worldwide investment in renewables rose to new heights in 2021 as solar and wind implementation rose, but overall energy transition expenditure requires to triple in the coming years to jump on track for web zero.

Wood Mackenzie has actually made its predictions for the Chinese power market in 2022 as well as stated the country could set up nearly 120GW of solar and wind power generation capacity.