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Thailand, India Can Pose Challenge To China’s EV Market: Report

Bloomberg’s recent report indicated a general trend where, electric vehicles (EVs) are displacing 1.7 million barrels per day of oil usage, which is equivalent to about 3% of total road fuel demand. Currently. there are 722 million passenger EVs that are expected to be on the road in 2040 in the Economic Transition Scenario.  The Bloomberg […]

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China’s ‘Spare Solar’ Capacity Offers Energy Access Avenues: EMBER

A recent report by EMBER delved into the untapped potential of surplus solar manufacturing capacity in China, highlighting its pivotal role in addressing both energy access and climate change. It revealed that despite the exponential growth in global solar manufacturing capacity, the deployment of solar panels worldwide lags significantly behind. According to estimates by the […]

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China Flexes Solar Muscle (Again) With 5 GW Project Commissioning

Lest their be any doubt over China’s absolute dominance and leadership in the renewable energy space, especially solar power, the Country reminded the world with a mammoth 5 GW project it commissioned earlier this month. The world’s largest solar project is a massive 5GW solar park in the north-west of the Xinjiang region that covers […]

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China To Spend $830 Mn For Solid-State Battery R&D: Report

China is planning to spend $830 million on all-solid-state battery R&D, reveals a report by Chinese Daily. Six companies, including CATL, BYD, China FAW Group, SAIC Motor Corp, Beijing WeLion New Energy Technology, and Geely Auto Group, will likely receive basic R&D support from the government, the report said. Chinese Government departments are heading this […]

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China’s World Beating Solar Manufacturers Struggle To Make Profits As Prices Continue Freefall

In a situation that has gone from concern, to worrisome to almost panic level some might say, China’s solar manufacturing juggernaut faces a period of low to no profits thanks to prices that have crashed to unprecedented levels. Taiwan-based Infolink Consulting, which tracks solar supply chain prices in China and beyond, in its latest report […]

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Construction Of 2GW Offshore Solar Plant In China Starts

China National Nuclear Power (CNNP) has kicked off the construction of the country’s largest offshore solar power plant next to the company’s nuclear power station in eastern Jiangsu province. Called the Tianwan Offshore Photovoltaic Power Station, the 2 GW solar project entails an investment of CNY9.9 billion (USD1.4 billion) and comes with a 400 MWh […]

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News Brief May 15 – China-Serbia Deal, JinkoSolar, Finnish Wind Farm

China’s Hunan Rich Inks Deal With Serbia for 1GW PV module factory in Serbia The Serbian government has signed an MoU with Chinese firm Hunan Rich Photovoltaic Science and Technology to build a 1GW solar module production facility in Serbia. Serbian minister of mining and energy, Dubravka Đedović Handanović, signed the deal last week, which […]

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China Dominates Wind Installations in 2023, As 120.7 GW Is Added Globally

The latest report from Global Wind energy Council (GWEC) for 2024 found a total of 30 wind turbine manufacturers installed a record 120.7 GW of new capacity in 2023. In a year marked by continuing supply chain challenges and other issues, this was a huge achievement. Incidentally, 122 GW is the expected total wind capacity […]

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Low Module Prices Weigh On Q1 Earnings For China’s Solar Champions

Over the past 10 days, as numbers have continued to pour out from the listed players from China’s formidable  solar sector, the impact of the low solar module prices seen over the past two quarters and more is clearly visible on their earnings as well. Even as volumes have grown in many cases, revenues have […]

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