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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
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
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
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
Daqo New Energy completes Xinjiang Daqo's STAR Market IPO
compared to the IPO cost. On 23 June, Daqo finished its enrollment with the China Securities Regulatory Commission (CSRC) after submitting its application
Jul 26, 2021 // Markets & Finance News, IPO, Daqo New Energy, xinjiang daqo, Guangfu Xu
RES safeguards O&M contract for 100MW Minety battery storage space site
includes 2 50MW batteries developed by Penso Power as well as moneyed by China Huaneng Group as well as CNIC Corporation. It recently safeguarded planning
Aug 4, 2021 // Storage, China, Asia, BESS, shell, res, Penso Power, Huaneng Group
Scientists locate ways to help perovskite solar cell "self-healing".
grains. This work was supported by the National Secret R & D Program of China, the National Natural Science Foundation of China, as well as the West
Jan 5, 2022 // Technology, China, Asia, solar cell, perovskite, CAS, Hu Linhua, Hefei Institutes of Physical Science of the Chinese Academy of Sciences
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
Solar wafer prices rise again amidst COVID supply chain disruption
wholesale prices for polysilicon reached around RMB249/kg (inclusive of China's 20% sales tax) this week, while wafer prices likewise edged
Apr 14, 2022 // Manufacturing News, manufacturing, longi solar, wafers, china lockdown, wafer pricing
Over USD 58bn committed to long-duration storage because 2019, claims WoodMac
excitement concerning LDES in different parts of the world. Policy support in China is driving a velocity of vanadium redox flow batteries and also compressed air
Dec 13, 2022 // Storage, USA, woodmac, North America, Kevin Shang
Uzbekistan's Solar Ambition: ACWA & CEEC EPC Deal
Power and China Energy International Group will jointly develop the Tashkent solar site with a capacity of around 50 megawatts. This plant is set to be the
Jun 19, 2023 // Plants, Commercial, Asia, Uzbekistan, acwa, PV Power Plant
Climate Tech Funding Hits $16.6B in Record Q3
billion, followed by transport ($4.6 billion) and industry ($2.9 billion). China reclaimed its position as the leading market, with $4.5 billion in investment,
Nov 3, 2023 // Markets & Finance News, Sweden, China, Europe, Asia
JinkoSolar Reaches 200 GW Solar Panel Milestone
has established its presence in over 160 countries, with factories located in China, US, Vietnam, Malaysia and more. Its panel line-up includes N-type Tiger Neo
Nov 16, 2023 // Manufacturing News, Markets & Finance News, JinkoSolar
Elecnor-Statkraft Deal: 1.8B EUR for Renewables Unit
the sole shareholder of Elecnor’s wind and solar development subsidiary. China Three Gorges Corporation was a front runner in the bidding race, however,
Nov 20, 2023 // Markets & Finance News, Spain, Europe, elecnor, Statkraft AS