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The episode of Covid-19 has actually triggered considerable interruptions to markets worldwide, consisting of the United States as well as has actually motivated the United States Senate to pass a $2.2 tn emergency situation alleviation bundle, targeted at increasing its stumbling market.

A new report by Wood Mackenzie's has actually estimated that the global power storage space capacity additions might grow to get to 741 GWh of cumulative capacity by 2030.

The solar field is no stranger to breaking records. Probably the most remarkable figure to emerge from SolarPower Europe's new 'Global Market Outlook' is that the global solar sector will reach terawatt scale by 2022-- just four years after the 500 GW milestone was reached. Michael Schmela from SolarPower Europe sets out the reasoning behind this and also various other key searchings for in the record.

Significant polysilicon producer GCL-Poly Energy Holdings anticipates to meet formerly set targets of accomplishing 10,000 MT manufacturing capacity of its Fluidized Bed Reactor granular polysilicon innovation by the end of 2020.

A subsidiary of Brazilian utility Cia Energetica de Minas Gerais SA (BVMF: CMIG4), better called Cemig, has signed design, purchase and building (EPC) contracts for 155 MW of solar projects in the state of Minas Gerais.

Huawei and SolarEdge have actually settled on a global license licence contract, ending lawsuits in between the business that were pending in Germany and also China.

Huawei has actually won a license infringement case against SolarEdge in China, with the Guangzhou Intellectual Property Court ordering SolarEdge to pay RMB10 million (US$ 1.4 million) in compensation.

Italian module maker FuturaSun will certainly debut its new "Velvet" module series at the Solar Solutions event in Amsterdam from March 14-16. Shipments of the glass-glass modules with bifacial heterojunction (HJT) cells are scheduled to start in June.

Canadian Solar Inc on Wednesday revealed that its CSI Energy Storage business has actually safeguarded an order to supply 363 MWh of battery energy products to Aypa Power, a Blackstone portfolio business.

Major polysilicon producer Wacker Chemie has reported preliminary full-year 2019 financial results, highlighting higher than previously guided asset impairment charges on its polysilicon division as ASPs (Average Selling Price) remain at record lows leading to an EBITDA loss of €55 million.

Main figures launched today by Wiki-Solar verify 2020 as an additional record year with over 50 GWAC -- about 65 GWP -- of new utility-scale solar brought online worldwide, taking the collective total amount over 270 GWAC.

Inverted Energy has actually introduced the opening of its brand-new lithium-ion battery manufacturing center in the Okhla Industrial Area in New Delhi.

Global experts are set to gather in Taipei in less than a month to take stock of the island’s strengths and challenges as it embarks on a multi-gigawatt renewable transformation by 2025.

The Australian state of Tasmania has approached international investors to present its unique potential for the production of hydrogen from renewable sources, as it aims to position itself at the forefront of the nation’s green hydrogen push.

The Indian government is reportedly either thinking about a delay to its customs duty on imported solar items or allowing domestic projects to push back deadlines taking into account unpredictability from Chinese providers, the nation's renewable resource priest, RK Singh, told the Economic Times.