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REC Silicon May Sell Montana Facility
expects “a sharp decline” in Q3 shipments, primarily due to lower sales into China and less demand from other semiconductor markets. The softening in demand has
Oct 4, 2019 // Manufacturing News, Markets & Finance News, USA, China, Trump, Asia, North America, REC Silicon, Montana facility, James A. May
Coronavirus can trigger PV module, battery cell scarcities in Australia
coronavirus (Covid-19) break out in China can have a months-long effect on the Australian solar field, with PV module accumulations most likely to be worn down
Feb 14, 2020 // Markets & Finance News, Australia, Oceania, Coronavirus
'Nuclear power is currently the most costly kind of generation, with the exception of gas peaking plants'
nuclear reactors were grid-connected last year: three in Russia, 2 in China and also one in South Korea. At the same time, five nuclear plants closed last
Sep 24, 2020 // Market Research, France, South Korea, China, United Kingdom, Europe, Asia, North America, Turkey, Russia, United States
China's CATL Reveals the First-generation Sodium-ion Battery
CATL has actually exposed its first-gen Sodium-ion battery.
This battery would certainly be cost-efficient and also have a high rate of charging with a power density of 160Wh/kg.
The supply chain for these batteries is expected to develop in 2023.
Jul 30, 2021 // Storage, China, Asia, CATL, sodium-ion battery, Zeng Yuqun
China establishes first 2022 solar subsidy pot at US$ 357.2 m.
today China's Ministry of Financing laid out its very first tranche of funding for existing sustainable projects for the upcoming year, making RMB3.87
Nov 18, 2021 // Plants, Commercial, Markets & Finance News, China, Asia, subsidy, decarbonisation
Huaneng Power brings online 320-MW floating PV complex in China
Dezhou Dingzhuang photovoltaic or pv (PV) solar park is located in Dezhou, in China's Shandong district, on a storage tank near Huaneng Power's 2.65-GW Dezhou
Jan 4, 2022 // Plants, Floating PV, China, Asia, Huaneng Power, floating solar park
China states United States Section 201 expansion will misshape worldwide trade
as long as they do not undermine the efficiency of the tariffs.
However, China's commerce ministry claimed it hopes the United States will certainly take
Feb 7, 2022 // Manufacturing News, Markets & Finance News, Tariffs, Policy, USA, China, bifacial, Asia, North America, Joe Biden, ACORE, 8 minute energy
Strategies introduced for 1 GW solar-storage-hydrogen facility in China
Chinese programmer Panda Green states it has discussed exclusive civil liberties to establish a $1.41 billion job in Xinjiang which will include PV as well as photothermal generation, hydrogen production as well as energy storage.
Jun 16, 2020 // Plants, Large-Scale, Commercial, Storage, China, Asia, Panda Green, solar-storage-hydrogen
Iraqi govt greenlights Power China's 750-MW solar project
the very first of them involving the release of 250 MW of solar panels.
Power China's ambitions to enter the solar market in Iraq were introduced in 2021. The
May 31, 2023 // Plants, China, Asia, Solar Project, Iraqi govt
China's Solar Sector Faces Prolonged Glut, Longi Seeks Innovation
China's solar sector, including major manufacturer Longi Green Energy Technology Co., is facing continued losses and oversupply for up to two years, according to analysts. Longi has stated that prices are unlikely to surpass costs in the near future, leading to industry-wide losses persisting due to oversupply.The deepening glut in China's solar industry is a result of production exceeding demand, with major firms like Longi reporting losses in the first quarter. Longi is focusing on new technology that is more efficient in converting solar energy into electricity, but it is not yet cost-competitive. Analysts caution against expecting a fundamental recovery in the sector, with Longi predicting only a slight price recovery in the next three months.
Is China's solar industry facing prolonged losses and oversupply?
The oversupply in China's solar industry is expected to persist for up to two years, leading to continued losses for major manufacturers like Longi Green Energy Technology Co.
Longi has stated that prices are unlikely to surpass costs in the near future, further exacerbating the industry-wide losses.
The production exceeding demand in the solar industry has resulted in a deepening glut, with major firms like Longi reporting losses in the first quarter.
Longi is focusing on developing new technology that is more efficient in converting solar energy into electricity, but it is not yet cost-competitive.
Analysts are cautioning against expecting a fundamental recovery in the sector, with Longi predicting only a slight price recovery in the next three months.
Jul 8, 2024 // Markets & Finance News, China, Asia, LONGi
As nations reopen, market recovery starts
projects begin building smoothly in the third quarter.
Steady speed
China's solar industry endured relatively couple of impacts from the pandemic, with
Jul 21, 2020 // Opinions, China, Asia, covid-19, MARS CHANG
Debt consolidation proceeds for polysilicon makers
This has driven producers to broaden ability right into areas of western China where electricity prices can be as low as RMB 0.26/ kWh ($ 0.033/ kWh).
Aug 20, 2020 // Manufacturing News, Opinions, China, Asia, Daqo New Energy, TBEA, Cooper Chen
Tianqi's Australian Lithium Plant Costs Double
China's Tianqi Lithium is encountering expense overruns and delays at its Kwinana refinery in Australia besides struggling to repay financial obligation. Tianqi's financial investment per lots of lithium hydroxide ($/ tLiOH) for Kwinana is 10 times greater than a comparable converter Ganfeng created in China.
On December 8, Tianqi announced a $1.4 billion manage IGO Ltd. The bargain will certainly supply $200 million to finish Kwinana Phase I by 2022, 4 years behind schedule. Initially revealed in 2016, Phase I (24,000 t LiOH) was to set you back $299 million as well as compensation by 2018. In 2019, Tianqi increased financial investment to $525 million as well as postponed it to 2020. By August 2020, Tianqi had to put Phase I on hold.
For contrast, Ganfeng's lithium hydroxide converters in China were much cheaper. Stage I of Mahong (20,000 t LiOH) was revealed in 2016 at $45 million (302 million yuan) and was appointed on schedule in 2018. Ganfeng then spent $72 million (500 million yuan) for Phase II (25,000 t LiOH), which was later raised to $113 million (766 million yuan) for 50,000 t LiOH.
Dec 19, 2020 // Market Research, BNEF, China, Australia, Asia, Oceania, Tianqi Lithium
Yingli and JA Solar secure module supply deals
575MW Ibri II plant is being created by Saudi firm ACWA Power, with POWERChina Huadong Engineering contracted as engineering, procurement and also building
Dec 24, 2020 // Manufacturing News, Plants, Markets & Finance News, China, Hungary, JA Solar, Europe, Asia, Yingli Energy
New hold-up in GCL project organisation' $155m property sale
by the Hong Kong department of Chinese state-owned electrical utility China Huaneng.
The recommended sale would certainly produce an internet RMB1.08
Feb 13, 2020 // Markets & Finance News, China, Asia, GCL